ACE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0948%/8h= −103.8% APRnext payment −$4.74 per $10,000 · paid last 24h −0.023%

Price spread now: KuCoin against Gate−0.075%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$389as in the Funding arb table

Net, price: spread back to 7d avg − costs−$367as in the Price arb table

costs, in and out, $10k−$3603.601% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.291%−$29 on $10k

Price spread, last 7 days+0.119%+$12 · spread now −0.075%, 7d avg −0.006%

Together, before fees−0.172%−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and KuCoin is 0.069% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.006%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.291% in total (about -15.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.74 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	Gate ACE_USDT	0.1737	0.1048	pay 0.0524% / 4h	1h 53m	$1.1M	$1.8M	25x
Short	KuCoin ACEUSDTM	0.1736	0.0100	get 0.0050% / 4h	1h 53m	$2.0M	$514K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.075%Rate

Funding earned: −$199.08
Price spread: −0.075% → −0.006%: −$6.86
Slippage, 4 orders: −$333.07
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$566.01
Costs to cover: 3.601%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 3 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	5.76 bp	52.2 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	6.05 bp	83.3 bp −$83	doesn't fit	doesn't fit	doesn't fit

ACE on 12 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	0.1736	−0.058%	$373K	$398K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1734	−0.163%	$27K	$33K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1735	−0.098%	$8.6M	$18.2M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1736	−0.058%	$14.0M	$780K	20x	as long as short
KuCoin ACEUSDTMshort	+0.0100%	4h	0.1736	−0.075%	$2.0M	$514K	20x
Bitget ACEUSDT	+0.0100%	4h	0.1735	−0.115%	$1.6M	$2.1M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1740	+0.168%	$116K	$44K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1731	−0.345%	$16K	$106K	20x	as long as short
BingX ACE-USDT	+0.0256%	4h	0.1735	−0.098%	—	$1.4M	—	as long as short
Bybit ACEUSDT	+0.0266%	4h	0.1738	+0.035%	$2.5M	$2.6M	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ACEUSD	+0.1008%	1h	0.1735	−0.123%	$48K	$630K	10x	as long as short
Gate ACE_USDTlong	+0.1048%	4h	0.1737	long leg	$1.1M	$1.8M	25x