Funding you earn now, next payment 07:00 UTC+0.0893%/8h= +97.8% APRpaid last 24h +0.971%
Price spread now: Kraken Futures against Binance+0.170%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs+$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$850.845% of the position
Funding, last 7 days+1.083%+$108 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now +0.170%, 7d avg +0.144%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Kraken Futures is 0.027% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.144%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ACEUSDT | 0.1784 | 0.0100 | pay 0.0050% / 4h | 59m 40s | $8.9M | $19.5M | 20x |
| Short | Kraken Futures PF_ACEUSD | 0.1787 | 0.0993 | get 0.0124% / 1h | 59m 40s | $45K | $701K | 10x |
Binance ACEUSDT
Kraken Futures PF_ACEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $187.55
- Price spread: +0.170% → +0.144%
- $2.65
- Slippage, 4 orders
- −$64.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $105.7
- Costs to cover
- 0.845%
- Break-even
- 3.1 days
Slippage from Binance: live order book, 11 min ago; Kraken Futures: live order book, 43 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 Binance live order book, 11 min ago | 0.28 bp | 17.9 bp −$18 | 150.5 bp −$1,505 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 43 min ago | 5.67 bp | 19.2 bp −$19 | 128.5 bp −$1,285 | 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 | 0.1786 | +0.099% | $370K | $437K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1783 | −0.064% | $17K | $44K | 5x | as long as short |
| Binance ACEUSDTlong | +0.0100% | 4h | 0.1784 | long leg | $8.9M | $19.5M | 20x | |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1786 | +0.088% | $14.4M | $764K | 20x | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1784 | −0.030% | $16K | $57K | 20x | as long as short |
| Bitget ACEUSDT | +0.0112% | 4h | 0.1784 | −0.013% | $1.6M | $2.2M | 10x | as long as short |
| KuCoin ACEUSDTM | +0.0144% | 4h | 0.1785 | +0.032% | $1.9M | $554K | 20x | as long as short |
| BloFin ACE-USDT | +0.0150% | 4h | 0.1787 | +0.178% | $472K | $66K | 20x | as long as short |
| Variational Omni ACE | +0.0180% | 4h | 0.1787 | +0.158% | $120K | $44K | — | as long as short |
| Bybit ACEUSDT | +0.0774% | 4h | 0.1785 | +0.021% | $2.7M | $3.0M | 25x | as long as short |
Hyperliquid ACE
Aster ACEUSDT
MEXC ACE_USDT
HTX ACE-USDT
Bitget ACEUSDT
KuCoin ACEUSDTM
BloFin ACE-USDT
Variational Omni ACE
Bybit ACEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACE-USDT | +0.0796% | 4h | 0.1785 | +0.027% | — | $1.5M | — | as long as short |
| Gate ACE_USDT | +0.0876% | 4h | 0.1786 | +0.099% | $1.1M | $1.7M | 25x | as long as short |
| Kraken Futures PF_ACEUSDshort | +0.0993% | 1h | 0.1787 | +0.170% | $45K | $701K | 10x |
BingX ACE-USDT
Gate ACE_USDT