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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.451%−$45 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ACE_USDT0.17220.0744pay 0.0372% / 4h2h 23m$1.1M$1.9M25x
ShortBinance ACEUSDT0.17200.0100get 0.0050% / 4h2h 23m$8.5M$17.8M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago5.81 bp34.9 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.29 bp16.8 bp −$1771.2 bp −$712doesn'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
Hyperliquid ACE+0.0100%1h0.17220.000%$409K$385K3xas long as short
Aster ACEUSDT+0.0100%4h0.1720−0.099%$27K$33K5xas long as short
Binance ACEUSDTshort+0.0100%4h0.1720−0.090%$8.5M$17.8M20x
MEXC ACE_USDT+0.0100%4h0.1719−0.145%$13.8M$795K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1722−0.012%$2.0M$519K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1721−0.058%$1.6M$2.2M10xas long as short
Variational Omni ACE+0.0100%4h0.1722−0.015%$135K$25Kas long as short
HTX ACE-USDT+0.0100%4h0.1711−0.656%$15K$152K20xas long as short
BloFin ACE-USDT+0.0139%4h0.1719−0.186%$452K$71K20xas long as short
BingX ACE-USDT+0.0540%4h0.1721−0.052%$1.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDT+0.0604%4h0.1723+0.035%$2.5M$2.5M25xas long as short
Gate ACE_USDTlong+0.0744%4h0.1722long leg$1.1M$1.9M25x
Kraken Futures PF_ACEUSD+0.1097%1h0.1721−0.062%$51K$629K10xas long as short