Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0617%/8h= +67.6% APRpaid last 24h +0.993%

Price spread now: Kraken Futures against KuCoin−0.031%7-day average +0.117% · you buy dearer than you sell

Net, funding: paid 7d − costs−$390as in the Funding arb table

Net, price: spread back to 7d avg − costs−$451as in the Price arb table

costs, in and out, $10k−$4364.358% of the position

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.460%+$46 on $10k

Price spread, last 4 days (all we have)+0.580%+$58 · spread now −0.031%, 7d avg +0.117%

Together, before fees+1.039%+$104 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.148% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.117%). If the spread goes back, that is −$15 on $10k: about 19 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.460% in total) that is about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ACEUSDTM	0.1741	0.0100	pay 0.0050% / 4h	3h 38m	$1.9M	$563K	20x
Short	Kraken Futures PF_ACEUSD	0.1741	0.0717	get 0.0090% / 1h	38m 54s	$42K	$711K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now −0.031%Rate

Funding earned: $129.59
Price spread: −0.031% → +0.117%: −$14.81
Slippage, 4 orders: −$413.8
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$321.02
Costs to cover: 4.358%
Break-even: 24.3 days

Slippage from KuCoin: live order book, 7 min ago; Kraken Futures: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 7 min ago	6.88 bp	273.0 bp −$273	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 59 min ago	13.55 bp	32.4 bp −$32	279.8 bp −$2,798	doesn't fit	doesn't fit

ACE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ACE	+0.0100%	1h	0.1741	−0.011%	$355K	$452K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1740	−0.070%	$18K	$44K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1739	−0.103%	$8.5M	$19.8M	20x	as long as short
Bybit ACEUSDT	+0.0100%	4h	0.1740	−0.046%	$2.6M	$3.1M	25x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1739	−0.103%	$14.0M	$765K	20x	as long as short
KuCoin ACEUSDTMlong	+0.0100%	4h	0.1741	long leg	$1.9M	$563K	20x
Bitget ACEUSDT	+0.0100%	4h	0.1741	−0.011%	$1.6M	$2.2M	10x	as long as short
BingX ACE-USDT	+0.0100%	4h	0.1740	−0.069%	—	$1.5M	—	as long as short
Variational Omni ACE	+0.0100%	4h	0.1741	−0.019%	$117K	$43K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1737	−0.224%	$16K	$43K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ACE-USDT	+0.0121%	4h	0.1741	−0.011%	$467K	$69K	20x	as long as short
Kraken Futures PF_ACEUSDshort	+0.0717%	1h	0.1741	−0.031%	$42K	$711K	10x
Gate ACE_USDT	+0.0824%	4h	0.1741	−0.011%	$1.1M	$1.8M	25x	as long as short