ACE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0380%/8h= −41.6% APRnext payment −$1.90 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against Bybit+0.070%7-day average −0.132% · you sell dearer than you buy

Net, funding: paid 7d − costs−$280as in the Funding arb table

Net, price: spread back to 7d avg − costs−$242as in the Price arb table

costs, in and out, $10k−$2622.625% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 7 days−0.154%−$15 · spread now +0.070%, 7d avg −0.132%

Together, before fees−0.328%−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.201% dearer against Bybit than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of −0.132%): +$20 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.173% in total) that is about 8.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.173% in total (about -9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.90 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	Bybit ACEUSDT	0.1725	0.0480	pay 0.0240% / 4h	2h 09m	$2.5M	$2.5M	25x
Short	Binance ACEUSDT	0.1726	0.0100	get 0.0050% / 4h	2h 09m	$8.5M	$17.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.070%Rate

Funding earned: −$79.77
Price spread: +0.070% → −0.132%: $20.14
Slippage, 4 orders: −$241.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$322.1
Costs to cover: 2.625%
Break-even: never at this rate

Slippage from Bybit: live order book, 8 min ago; Binance: 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 Bybit live order book, 8 min ago	1.45 bp	106.2 bp −$106	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.29 bp	18.1 bp −$18	69.8 bp −$698	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
BloFin ACE-USDT	+0.0097%	4h	0.1721	−0.238%	$454K	$71K	20x	as long as short
Hyperliquid ACE	+0.0100%	1h	0.1722	−0.174%	$409K	$384K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1721	−0.258%	$27K	$33K	5x	as long as short
Binance ACEUSDTshort	+0.0100%	4h	0.1726	+0.070%	$8.5M	$17.8M	20x
MEXC ACE_USDT	+0.0100%	4h	0.1726	+0.058%	$14.0M	$807K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1722	−0.174%	$2.0M	$519K	20x	as long as short
Bitget ACEUSDT	+0.0100%	4h	0.1722	−0.174%	$1.6M	$2.2M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1717	−0.487%	$135K	$25K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1712	−0.754%	$15K	$150K	20x	as long as short
Bybit ACEUSDTlong	+0.0480%	4h	0.1725	long leg	$2.5M	$2.5M	25x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ACE-USDT	+0.0518%	4h	0.1727	+0.093%	—	$1.4M	—	as long as short
Gate ACE_USDT	+0.0706%	4h	0.1720	−0.290%	$1.1M	$1.9M	25x	as long as short
Kraken Futures PF_ACEUSD	+0.1097%	1h	0.1722	−0.168%	$50K	$629K	10x	as long as short