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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0207%/8h= +22.7% APRnext payment +$1.03 per $10,000 · paid last 24h +0.052%
Price spread now: Bybit against BloFin+0.274%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$2082.083% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.433%+$43 on $10k
Price spread, last 4 days (all we have)−0.565%−$57 · spread now +0.274%, 7d avg +0.107%
Together, before fees−0.132%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.167% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ACE-USDT0.17530.0069pay 0.0035% / 4h2h 58m$464K$65K20x
ShortBybit ACEUSDT0.17580.0276get 0.0138% / 4h2h 58m$2.6M$3.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$43.44
Price spread: +0.274% → +0.107%
$16.71
Slippage, 4 orders
−$185.34
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$148.18
Costs to cover
2.083%
Break-even
30.9 days
Slippage from BloFin: live order book, 12 min ago; Bybit: live order book, 3 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 BloFin live order book, 12 min ago0.86 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.57 bp91.9 bp −$92522.0 bp −$5,220doesn'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-USDTlong+0.0069%4h0.1753long leg$464K$65K20x
Hyperliquid ACE+0.0100%1h0.1758+0.268%$357K$443K3xas long as short
Aster ACEUSDT+0.0100%4h0.1755+0.091%$18K$44K5xas long as short
Binance ACEUSDT+0.0100%4h0.1757+0.240%$8.6M$19.2M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1756+0.165%$14.1M$709K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1759+0.325%$1.6M$2.1M10xas long as short
Variational Omni ACE+0.0100%4h0.1754+0.041%$117K$43Kas long as short
HTX ACE-USDT+0.0100%4h0.1750−0.188%$16K$36K20xas long as short
BingX ACE-USDT+0.0204%4h0.1757+0.205%$1.5Mas long as short
KuCoin ACEUSDTM+0.0254%4h0.1754+0.063%$1.9M$541K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDTshort+0.0276%4h0.1758+0.274%$2.6M$3.0M25x
Kraken Futures PF_ACEUSD+0.0802%1h0.1753+0.001%$44K$689K10xas long as short
Gate ACE_USDT+0.1000%4h0.1756+0.154%$1.1M$1.7M25xas long as short