Funding you earn now, next payment 00:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against Bitget+0.041%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1801.799% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now +0.041%, 7d avg +0.134%
=Funding pays, the price is against you. Bybit is 0.093% cheaper against Bitget than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.134%). If the spread goes back, that is −$9 on $10k: about 38 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ACEUSDT | 0.1715 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $1.6M | $2.3M | 10x |
| Short | Bybit ACEUSDT | 0.1716 | 0.0296 | get 0.0148% / 4h | 1h 35m | $2.4M | $2.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $41.22
- Price spread: +0.041% → +0.134%
- −$9.3
- Slippage, 4 orders
- −$156.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$147.96
- Costs to cover
- 1.799%
- Break-even
- 32.1 days
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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 Bitget live order book, 2 min ago | 2.91 bp | 21.8 bp −$22 | 68.5 bp −$685 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.16 bp | 74.4 bp −$74 | 355.5 bp −$3,555 | 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 | 0.1715 | 0.000% | $410K | $383K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1714 | −0.056% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1714 | −0.052% | $8.5M | $17.9M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1714 | −0.041% | $13.9M | $790K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1715 | +0.017% | $2.0M | $518K | 20x | as long as short |
| Bitget ACEUSDTlong | +0.0100% | 4h | 0.1715 | long leg | $1.6M | $2.3M | 10x | |
| Variational Omni ACE | +0.0100% | 4h | 0.1718 | +0.166% | $135K | $24K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1715 | −0.012% | $15K | $145K | 20x | as long as short |
| BloFin ACE-USDT | +0.0119% | 4h | 0.1714 | −0.052% | $450K | $70K | 20x | as long as short |
| Bybit ACEUSDTshort | +0.0296% | 4h | 0.1716 | +0.041% | $2.4M | $2.5M | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACE-USDT | +0.0302% | 4h | 0.1714 | −0.029% | — | $1.4M | — | as long as short |
| Gate ACE_USDT | +0.0602% | 4h | 0.1715 | 0.000% | $1.1M | $1.8M | 25x | as long as short |
| Kraken Futures PF_ACEUSD | +0.0768% | 1h | 0.1715 | −0.022% | $51K | $633K | 10x | as long as short |
Bitget ACEUSDT
Bybit ACEUSDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Variational Omni ACE
HTX ACE-USDT
BloFin ACE-USDT
BingX ACE-USDT
Gate ACE_USDT
Kraken Futures PF_ACEUSD