Funding you earn now, next payment 03:00 UTC+0.0801%/8h= +87.7% APRpaid last 24h +0.934%
Price spread now: Kraken Futures against Bybit−0.034%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2282.282% of the position
Funding, last 7 days+0.934%+$93 on $10k
+Price spread, last 4 days (all we have)+0.485%+$49 · spread now −0.034%, 7d avg +0.072%
=Funding pays, the price is against you. Kraken Futures is 0.106% cheaper against Bybit than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.072%). If the spread goes back, that is −$11 on $10k: about 11 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACEUSDT | 0.1746 | 0.0200 | pay 0.0100% / 4h | 1h 30m | $2.5M | $2.7M | 25x |
| Short | Kraken Futures PF_ACEUSD | 0.1745 | 0.1002 | get 0.0125% / 1h | 30m 41s | $51K | $636K | 10x |
Bybit ACEUSDT
Kraken Futures PF_ACEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $168.24
- Price spread: −0.034% → +0.072%
- −$10.64
- Slippage, 4 orders
- −$207.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$70.56
- Costs to cover
- 2.282%
- Break-even
- 9.9 days
Slippage from Bybit: live order book, 1 min ago; Kraken Futures: live order book, 32 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, 1 min ago | 0.86 bp | 87.9 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 32 min ago | 8.65 bp | 24.0 bp −$24 | 126.3 bp −$1,263 | 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 | +0.0074% | 4h | 0.1745 | −0.040% | $467K | $73K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1744 | −0.103% | $374K | $410K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1743 | −0.177% | $25K | $35K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1744 | −0.074% | $8.7M | $18.4M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1745 | −0.069% | $14.1M | $785K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1744 | −0.109% | $2.0M | $528K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1745 | −0.046% | $1.6M | $2.2M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1746 | +0.022% | $117K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1732 | −0.802% | $16K | $102K | 20x | as long as short |
| BingX ACE-USDT | +0.0188% | 4h | 0.1745 | −0.057% | — | $1.4M | — | as long as short |
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BingX ACE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACEUSDTlong | +0.0200% | 4h | 0.1746 | long leg | $2.5M | $2.7M | 25x | |
| Gate ACE_USDT | +0.0984% | 4h | 0.1746 | +0.011% | $1.2M | $1.8M | 25x | as long as short |
| Kraken Futures PF_ACEUSDshort | +0.1002% | 1h | 0.1745 | −0.034% | $51K | $636K | 10x |
Gate ACE_USDT