Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1048%/8h= +114.7% APRpaid last 24h +0.992%

Price spread now: Kraken Futures against KuCoin−0.015%7-day average +0.120% · you buy dearer than you sell

Net, funding: paid 7d − costs−$237as in the Funding arb table

Net, price: spread back to 7d avg − costs−$336as in the Price arb table

costs, in and out, $10k−$3223.223% of the position

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.857%+$86 on $10k

Price spread, last 4 days (all we have)+0.265%+$27 · spread now −0.015%, 7d avg +0.120%

Together, before fees+1.122%+$112 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.135% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.120%). If the spread goes back, that is −$13 on $10k: about 10 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.857% in total) that is about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ACEUSDTM	0.1732	0.0100	pay 0.0050% / 4h	8m 40s	$1.9M	$568K	20x
Short	Kraken Futures PF_ACEUSD	0.1732	0.1148	get 0.0143% / 1h	8m 40s	$41K	$710K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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 KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now −0.015%Rate

Funding earned: $220.06
Price spread: −0.015% → +0.120%: −$13.48
Slippage, 4 orders: −$300.33
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$115.74
Costs to cover: 3.223%
Break-even: 10.7 days

Slippage from KuCoin: live order book, 8 min ago; Kraken Futures: live order book, 29 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 KuCoin live order book, 8 min ago	6.89 bp	165.5 bp −$166	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 29 min ago	13.55 bp	32.4 bp −$32	279.8 bp −$2,798	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
BloFin ACE-USDT	+0.0082%	4h	0.1732	+0.012%	$467K	$68K	20x	as long as short
Hyperliquid ACE	+0.0100%	1h	0.1733	+0.040%	$354K	$450K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1733	+0.036%	$17K	$43K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1734	+0.074%	$8.6M	$20.0M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1734	+0.081%	$14.0M	$791K	20x	as long as short
KuCoin ACEUSDTMlong	+0.0100%	4h	0.1732	long leg	$1.9M	$568K	20x
Bitget ACEUSDT	+0.0100%	4h	0.1733	+0.040%	$1.6M	$2.3M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1736	+0.227%	$116K	$44K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1731	−0.087%	$16K	$48K	20x	as long as short
Bybit ACEUSDT	+0.0519%	4h	0.1734	+0.127%	$2.6M	$3.1M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ACE-USDT	+0.0540%	4h	0.1732	−0.017%	—	$1.5M	—	as long as short
Gate ACE_USDT	+0.0808%	4h	0.1734	+0.098%	$1.1M	$1.8M	25x	as long as short
Kraken Futures PF_ACEUSDshort	+0.1148%	1h	0.1732	−0.015%	$41K	$710K	10x