Settings8H · net · $10k
Funding arb · Price arb /

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX−0.081%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$750.746% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.568%−$57 on $10k
Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.081%, 7d avg +0.014%
Together, before fees−0.415%+ Points / potential airdropHyperliquid: Season 2 · farm board−$41 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: Hyperliquid is 0.095% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ACE-USDT0.17340.0100pay 0.0050% / 4h2m 18s$1.4M
ShortHyperliquid ACE0.17330.0100get 0.0013% / 1h2m 18s$407K$390K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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

Funding earned
$0
Price spread: −0.081% → +0.014%
−$9.52
Slippage, 4 orders
−$55.6
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$84.11
Costs to cover
0.746%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Hyperliquid: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago3.18 bp21.2 bp −$2166.2 bp −$662doesn't fitdoesn't fit
Sell Hyperliquid live order book, 58 min ago2.91 bp17.6 bp −$18doesn't fitdoesn't fitdoesn't fit

ACE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ACEshort+0.0100%1h0.1733−0.081%$407K$390K3x
Aster ACEUSDT+0.0100%4h0.1734−0.005%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1735+0.037%$8.6M$18.2M20xas long as short
Bybit ACEUSDT+0.0100%4h0.1736+0.104%$2.5M$2.6M25xas long as short
MEXC ACE_USDT+0.0100%4h0.1735+0.029%$14.0M$790K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1735+0.035%$2.0M$525K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1737+0.150%$1.6M$2.3M10xas long as short
BingX ACE-USDTlong+0.0100%4h0.1734long leg$1.4M
Variational Omni ACE+0.0100%4h0.1729−0.296%$116K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1726−0.455%$16K$130K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ACE-USDT+0.0145%4h0.17340.000%$456K$70K20xas long as short
Gate ACE_USDT+0.0402%4h0.1735+0.035%$1.1M$1.9M25xas long as short
Kraken Futures PF_ACEUSD+0.0894%1h0.1733−0.063%$48K$636K10xas long as short