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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0910%/8h= −99.7% APRpaid last 24h −0.930%
Price spread now: KuCoin against Kraken Futures+0.158%7-day average −0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$3163.156% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.875%−$88 on $10k
Price spread, last 3 days (all we have)−0.409%−$41 · spread now +0.158%, 7d avg −0.134%
Together, before fees−1.284%−$128 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.292% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of −0.134%): +$29 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.875% in total) that is about 2.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ACEUSD0.17310.1010pay 0.0126% / 1h52m 02s$48K$630K10x
ShortKuCoin ACEUSDTM0.17330.0100get 0.0050% / 4h1h 52m$2.0M$514K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$191.11
Price spread: +0.158% → −0.134%
$29.24
Slippage, 4 orders
−$293.59
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$477.47
Costs to cover
3.156%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 11 min ago; KuCoin: live order book, 4 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, 11 min ago8.65 bp39.2 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago6.05 bp83.3 bp −$83doesn'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 ACE+0.0100%1h0.1732+0.077%$372K$399K3xas long as short
Aster ACEUSDT+0.0100%4h0.1732+0.104%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1730−0.034%$8.6M$18.2M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1730−0.027%$14.0M$780K20xas long as short
KuCoin ACEUSDTMshort+0.0100%4h0.1733+0.158%$2.0M$514K20x
Bitget ACEUSDT+0.0100%4h0.1732+0.077%$1.6M$2.1M10xas long as short
Variational Omni ACE+0.0100%4h0.1740+0.535%$116K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1731+0.020%$16K$106K20xas long as short
Bybit ACEUSDT+0.0230%4h0.1731+0.048%$2.4M$2.6M25xas long as short
BingX ACE-USDT+0.0256%4h0.1731+0.048%$1.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ACEUSDlong+0.1010%1h0.1731long leg$48K$630K10x
Gate ACE_USDT+0.1038%4h0.1734+0.193%$1.1M$1.8M25xas long as short