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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: KuCoin against Hyperliquid+0.058%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2382.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.058%, 7d avg −0.033%
Together, before fees−0.187%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.090% dearer against Hyperliquid than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ACE0.17370.0100pay 0.0013% / 1h0m 55s$373K$401K3x
ShortKuCoin ACEUSDTM0.17380.0100get 0.0050% / 4h2h 00m$2.0M$516K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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
$0
Price spread: +0.058% → −0.033%
$9.05
Slippage, 4 orders
−$217.48
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$229.43
Costs to cover
2.385%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 39 min ago; KuCoin: live order book, 5 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 Hyperliquid live order book, 39 min ago2.91 bp20.4 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago5.50 bp63.2 bp −$63doesn't fitdoesn't fitdoesn't fit

ACE on 12 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 ACElong+0.0100%1h0.1737long leg$373K$401K3x
Aster ACEUSDT+0.0100%4h0.1737+0.001%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1738+0.047%$8.6M$18.2M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1737−0.006%$14.0M$794K20xas long as short
KuCoin ACEUSDTMshort+0.0100%4h0.1738+0.058%$2.0M$516K20x
Bitget ACEUSDT+0.0100%4h0.1738+0.058%$1.6M$2.1M10xas long as short
Variational Omni ACE+0.0100%4h0.17370.000%$116K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1732−0.276%$16K$108K20xas long as short
BingX ACE-USDT+0.0294%4h0.1739+0.144%$1.4Mas long as short
Bybit ACEUSDT+0.0309%4h0.1740+0.190%$2.5M$2.6M25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ACEUSD+0.0893%1h0.1737+0.003%$48K$632K10xas long as short
Gate ACE_USDT+0.1036%4h0.1738+0.058%$1.1M$1.8M25xas long as short