Funding you earn now, next payment 00:00 UTC−0.0644%/8h= −70.5% APRnext payment −$3.22 per $10,000 · paid last 24h −0.012%
Price spread now: Binance against Gate−0.090%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
Funding, last 7 days−0.497%−$50 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.090%, 7d avg −0.042%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Binance is 0.049% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACE_USDT | 0.1722 | 0.0744 | pay 0.0372% / 4h | 2h 23m | $1.1M | $1.9M | 25x |
| Short | Binance ACEUSDT | 0.1720 | 0.0100 | get 0.0050% / 4h | 2h 23m | $8.5M | $17.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$135.24
- Price spread: −0.090% → −0.042%
- −$4.85
- Slippage, 4 orders
- −$85.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$250.35
- Costs to cover
- 1.103%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago | 5.81 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.29 bp | 16.8 bp −$17 | 71.2 bp −$712 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ACE | +0.0100% | 1h | 0.1722 | 0.000% | $409K | $385K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1720 | −0.099% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDTshort | +0.0100% | 4h | 0.1720 | −0.090% | $8.5M | $17.8M | 20x | |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1719 | −0.145% | $13.8M | $795K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1722 | −0.012% | $2.0M | $519K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1721 | −0.058% | $1.6M | $2.2M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1722 | −0.015% | $135K | $25K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1711 | −0.656% | $15K | $152K | 20x | as long as short |
| BloFin ACE-USDT | +0.0139% | 4h | 0.1719 | −0.186% | $452K | $71K | 20x | as long as short |
| BingX ACE-USDT | +0.0540% | 4h | 0.1721 | −0.052% | — | $1.4M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACEUSDT | +0.0604% | 4h | 0.1723 | +0.035% | $2.5M | $2.5M | 25x | as long as short |
| Gate ACE_USDTlong | +0.0744% | 4h | 0.1722 | long leg | $1.1M | $1.9M | 25x | |
| Kraken Futures PF_ACEUSD | +0.1097% | 1h | 0.1721 | −0.062% | $51K | $629K | 10x | as long as short |
Gate ACE_USDT
Binance ACEUSDT
Hyperliquid ACE
Aster ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BloFin ACE-USDT
BingX ACE-USDT
Bybit ACEUSDT
Kraken Futures PF_ACEUSD