Funding you earn now, next payment 08:00 UTC−0.0366%/8h= −40.1% APRnext payment −$1.83 per $10,000 · paid last 24h −0.067%
Price spread now: Bitget against Gate−0.113%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1701.702% of the position
Funding, last 7 days−0.270%−$27 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now −0.113%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.070% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACE_USDT | 0.1776 | 0.0466 | pay 0.0233% / 4h | 2h 20m | $1.2M | $1.8M | 25x |
| Short | Bitget ACEUSDT | 0.1774 | 0.0100 | get 0.0050% / 4h | 2h 20m | $1.6M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$76.86
- Price spread: −0.113% → −0.043%
- −$6.98
- Slippage, 4 orders
- −$143.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$254.08
- Costs to cover
- 1.702%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 1 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, 2 min ago | 5.61 bp | 49.8 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.81 bp | 32.2 bp −$32 | 157.3 bp −$1,573 | 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 | +0.0053% | 4h | 0.1774 | −0.130% | $473K | $63K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1775 | −0.056% | $372K | $426K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1772 | −0.200% | $20K | $42K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1773 | −0.175% | $8.8M | $19.0M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1774 | −0.113% | $14.3M | $785K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1776 | 0.000% | $2.0M | $543K | 20x | as long as short |
| Bitget ACEUSDTshort | +0.0100% | 4h | 0.1774 | −0.113% | $1.6M | $2.1M | 10x | |
| HTX ACE-USDT | +0.0100% | 4h | 0.1762 | −0.805% | $16K | $71K | 20x | as long as short |
| Variational Omni ACE | +0.0140% | 4h | 0.1776 | +0.002% | $119K | $44K | — | as long as short |
| BingX ACE-USDT | +0.0282% | 4h | 0.1774 | −0.096% | — | $1.5M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACEUSDT | +0.0324% | 4h | 0.1775 | −0.034% | $2.7M | $2.9M | 25x | as long as short |
| Gate ACE_USDTlong | +0.0466% | 4h | 0.1776 | long leg | $1.2M | $1.8M | 25x | |
| Kraken Futures PF_ACEUSD | +0.0863% | 1h | 0.1773 | −0.143% | $44K | $669K | 10x | as long as short |
Gate ACE_USDT
Bitget ACEUSDT
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
HTX ACE-USDT
Variational Omni ACE
BingX ACE-USDT
Bybit ACEUSDT
Kraken Futures PF_ACEUSD