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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0440%/8h= +48.2% APRnext payment +$2.20 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.058%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1121.119% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.058%, 7d avg +0.044%
Together, before fees+0.197%+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.210% in total (about 10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ACEUSDT0.17240.0100pay 0.0050% / 4h52m 57s$1.6M$2.3M10x
ShortGate ACE_USDT0.17250.0540get 0.0270% / 4h52m 57s$1.1M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
$92.4
Price spread: +0.058% → +0.044%
$1.42
Slippage, 4 orders
−$84.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$18.06
Costs to cover
1.119%
Break-even
8.4 days
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 5 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 Bitget live order book, 4 min ago2.91 bp14.9 bp −$1571.7 bp −$717doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago2.91 bp24.5 bp −$25301.8 bp −$3,018doesn'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
BloFin ACE-USDT+0.0044%4h0.1725+0.052%$451K$70K20xas long as short
Hyperliquid ACE+0.0100%1h0.17240.000%$406K$386K3xas long as short
Aster ACEUSDT+0.0100%4h0.1724−0.003%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1723−0.046%$8.5M$18.0M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1723−0.058%$13.9M$785K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1725+0.081%$2.0M$515K20xas long as short
Bitget ACEUSDTlong+0.0100%4h0.1724long leg$1.6M$2.3M10x
Variational Omni ACE+0.0100%4h0.1720−0.225%$115K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1711−0.737%$15K$139K20xas long as short
Bybit ACEUSDT+0.0331%4h0.1724+0.029%$2.5M$2.5M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ACE-USDT+0.0370%4h0.1724+0.029%$1.4Mas long as short
Gate ACE_USDTshort+0.0540%4h0.1725+0.058%$1.1M$1.8M25x
Kraken Futures PF_ACEUSD+0.0898%1h0.1725+0.050%$48K$630K10xas long as short