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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0670%/8h= −73.4% APRpaid last 24h −0.885%
Price spread now: Bitget against Kraken Futures−0.093%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$860.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.781%−$78 on $10k
Price spread, last 3 days (all we have)−0.411%−$41 · spread now −0.093%, 7d avg −0.125%
Together, before fees−1.192%−$119 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.032% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.093% now, against its 7-day average of −0.125%): +$3 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ACEUSD0.17100.0770pay 0.0096% / 1h16m 13s$49K$638K10x
ShortBitget ACEUSDT0.17080.0100get 0.0050% / 4h1h 16m$1.6M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$140.75
Price spread: −0.093% → −0.125%
$3.18
Slippage, 4 orders
−$64.41
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$223.97
Costs to cover
0.864%
Break-even
never at this rate
Slippage from Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 2 min ago4.69 bp31.7 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago2.93 bp20.6 bp −$2156.6 bp −$566doesn'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
BloFin ACE-USDT+0.0079%4h0.1707−0.169%$449K$70K20xas long as short
Hyperliquid ACE+0.0100%1h0.1710+0.024%$402K$387K3xas long as short
Aster ACEUSDT+0.0100%4h0.1709−0.052%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1709−0.010%$8.4M$18.0M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1709−0.029%$13.8M$792K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1709−0.011%$2.0M$516K20xas long as short
Bitget ACEUSDTshort+0.0100%4h0.1708−0.093%$1.6M$2.3M10x
Variational Omni ACE+0.0100%4h0.1707−0.170%$114K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1698−0.696%$15K$142K20xas long as short
BingX ACE-USDT+0.0320%4h0.1708−0.076%$1.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDT+0.0333%4h0.1710+0.030%$2.4M$2.5M25xas long as short
Gate ACE_USDT+0.0560%4h0.1709−0.035%$1.1M$1.9M25xas long as short
Kraken Futures PF_ACEUSDlong+0.0770%1h0.1710long leg$49K$638K10x