Funding arb · Price arb /

ACE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: Hyperliquid against Aster+0.064%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.064% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ACEUSDT	0.1719	0.0100	pay 0.0050% / 4h	2h 37m	$27K	$33K	5x
Short	Hyperliquid ACE	0.1720	0.0100	get 0.0013% / 1h	37m 17s	$409K	$385K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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 AsterbpFee HyperliquidbpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → 0.000%: $6.4
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$10.6
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 47 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 47 min ago	5.81 bp	16.5 bp −$17	doesn't fit	doesn't fit	doesn't fit

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 ACEshort	+0.0100%	1h	0.1720	+0.064%	$409K	$385K	3x
Aster ACEUSDTlong	+0.0100%	4h	0.1719	long leg	$27K	$33K	5x
Binance ACEUSDT	+0.0100%	4h	0.1718	−0.070%	$8.5M	$17.8M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1718	−0.058%	$13.8M	$793K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1719	+0.006%	$2.0M	$519K	20x	as long as short
Bitget ACEUSDT	+0.0100%	4h	0.1718	−0.052%	$1.6M	$2.2M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1723	+0.230%	$135K	$25K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1713	−0.320%	$15K	$154K	20x	as long as short
BloFin ACE-USDT	+0.0123%	4h	0.1719	0.000%	$452K	$71K	20x	as long as short
BingX ACE-USDT	+0.0368%	4h	0.1719	0.000%	—	$1.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ACEUSDT	+0.0375%	4h	0.1720	+0.070%	$2.5M	$2.5M	25x	as long as short
Gate ACE_USDT	+0.0606%	4h	0.1720	+0.064%	$1.1M	$1.9M	25x	as long as short
Kraken Futures PF_ACEUSD	+0.1099%	1h	0.1718	−0.046%	$50K	$629K	10x	as long as short