Funding you earn now, next payment 03:00 UTC−0.0904%/8h= −99.0% APRpaid last 24h −0.928%
Price spread now: Binance against Kraken Futures+0.009%7-day average −0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days−1.089%−$109 on $10k
+Price spread, last 4 days (all we have)−0.612%−$61 · spread now +0.009%, 7d avg −0.151%
=The price spread pays, funding is against you. Binance is 0.160% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.151%): +$16 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ACEUSD | 0.1742 | 0.1004 | pay 0.0125% / 1h | 4m 51s | $50K | $649K | 10x |
| Short | Binance ACEUSDT | 0.1742 | 0.0100 | get 0.0050% / 4h | 1h 04m | $8.7M | $18.5M | 20x |
Kraken Futures PF_ACEUSD
Binance ACEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$189.77
- Price spread: +0.009% → −0.151%
- $15.96
- Slippage, 4 orders
- −$80.43
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$274.24
- Costs to cover
- 1.004%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 58 min ago; Binance: live order book, 6 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 Kraken Futures live order book, 58 min ago | 8.65 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.57 bp | 18.7 bp −$19 | 89.0 bp −$890 | 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 | 0.1743 | +0.074% | $374K | $407K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1742 | +0.017% | $24K | $37K | 5x | as long as short |
| Binance ACEUSDTshort | +0.0100% | 4h | 0.1742 | +0.009% | $8.7M | $18.5M | 20x | |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1742 | −0.006% | $14.0M | $787K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1743 | +0.097% | $2.0M | $529K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1743 | +0.074% | $1.6M | $2.2M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1747 | +0.279% | $117K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1744 | +0.120% | $16K | $98K | 20x | as long as short |
| BloFin ACE-USDT | +0.0103% | 4h | 0.1741 | −0.012% | $467K | $73K | 20x | as long as short |
| Bybit ACEUSDT | +0.0275% | 4h | 0.1744 | +0.161% | $2.5M | $2.7M | 25x | as long as short |
Hyperliquid ACE
Aster ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BloFin ACE-USDT
Bybit ACEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACE-USDT | +0.0286% | 4h | 0.1743 | +0.080% | — | $1.4M | — | as long as short |
| Kraken Futures PF_ACEUSDlong | +0.1004% | 1h | 0.1742 | long leg | $50K | $649K | 10x | |
| Gate ACE_USDT | +0.1072% | 4h | 0.1743 | +0.074% | $1.1M | $1.8M | 25x | as long as short |
BingX ACE-USDT
Gate ACE_USDT