Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: Bybit against MEXC+0.086%7-day average +0.138% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1771.774% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 7 days+0.026%+$3 · spread now +0.086%, 7d avg +0.138%

Together, before fees+0.195%+$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.138%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ACE_USDT	0.1736	0.0100	pay 0.0050% / 4h	3h 41m	$14.0M	$786K	20x
Short	Bybit ACEUSDT	0.1737	0.0100	get 0.0050% / 4h	3h 41m	$2.5M	$2.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → +0.138%: −$5.18
Slippage, 4 orders: −$166.38
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$182.56
Costs to cover: 1.774%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 1 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 MEXC live order book, 2 min ago	0.86 bp	12.4 bp −$12	52.0 bp −$520	125.5 bp −$12.6K	doesn't fit
Sell Bybit live order book, 1 min ago	1.73 bp	92.2 bp −$92	371.9 bp −$3,719	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	0.1737	+0.063%	$410K	$384K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1735	−0.071%	$27K	$33K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1736	−0.018%	$8.6M	$18.2M	20x	as long as short
Bybit ACEUSDTshort	+0.0100%	4h	0.1737	+0.086%	$2.5M	$2.6M	25x
MEXC ACE_USDTlong	+0.0100%	4h	0.1736	long leg	$14.0M	$786K	20x
KuCoin ACEUSDTM	+0.0100%	4h	0.1737	+0.063%	$2.0M	$522K	20x	as long as short
Bitget ACEUSDT	+0.0100%	4h	0.1737	+0.063%	$1.6M	$2.2M	10x	as long as short
BingX ACE-USDT	+0.0100%	4h	0.1736	+0.023%	—	$1.4M	—	as long as short
Variational Omni ACE	+0.0100%	4h	0.1738	+0.094%	$116K	$44K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1731	−0.253%	$16K	$126K	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	+0.0139%	4h	0.1736	0.000%	$459K	$70K	20x	as long as short
Kraken Futures PF_ACEUSD	+0.0531%	1h	0.1737	+0.050%	$48K	$634K	10x	as long as short
Gate ACE_USDT	+0.0958%	4h	0.1737	+0.063%	$1.1M	$1.8M	25x	as long as short