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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0825%/8h= +90.3% APRpaid last 24h +0.885%
Price spread now: Kraken Futures against BloFin+0.152%7-day average +0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1000.997% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.037%+$104 on $10k
Price spread, last 3 days (all we have)+0.007%+$1 · spread now +0.152%, 7d avg +0.178%
Together, before fees+1.043%+$104 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.026% cheaper against BloFin than usual: you would sell low and buy high (spread +0.152% now, against its 7-day average of +0.178%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$25 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ACE-USDT0.17360.0061pay 0.0031% / 4h3h 30m$456K$72K20x
ShortKraken Futures PF_ACEUSD0.17390.0886get 0.0111% / 1h30m 30s$52K$638K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$173.23
Price spread: +0.152% → +0.178%
−$2.58
Slippage, 4 orders
−$77.74
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$70.91
Costs to cover
0.997%
Break-even
4.1 days
Slippage from BloFin: live order book, 15 min ago; Kraken Futures: live order book, 18 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, 15 min ago0.29 bp18.5 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 18 min ago11.27 bp24.4 bp −$24113.1 bp −$1,131doesn'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+0.0061%4h0.1736long leg$456K$72K20x
Hyperliquid ACE+0.0100%1h0.1738+0.115%$411K$377K3xas long as short
Aster ACEUSDT+0.0100%4h0.1736−0.006%$28K$34K5xas long as short
Binance ACEUSDT+0.0100%4h0.1737+0.048%$8.6M$17.7M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1737+0.058%$14.0M$805K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1738+0.092%$2.0M$525K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1738+0.115%$1.6M$2.2M10xas long as short
Variational Omni ACE+0.0100%4h0.1740+0.215%$137K$25Kas long as short
HTX ACE-USDT+0.0100%4h0.1736−0.029%$15K$164K20xas long as short
Bybit ACEUSDT+0.0423%4h0.1739+0.161%$2.5M$2.5M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ACE-USDT+0.0538%4h0.1738+0.092%$1.4Mas long as short
Gate ACE_USDT+0.0762%4h0.1739+0.173%$1.1M$1.9M25xas long as short
Kraken Futures PF_ACEUSDshort+0.0886%1h0.1739+0.152%$52K$638K10x