Funding you earn now, next payment 04:00 UTC+0.0742%/8h= +81.2% APRnext payment +$3.71 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against MEXC−0.012%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1201.199% of the position
Funding, last 7 days+0.518%+$52 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.012%, 7d avg +0.048%
=Funding pays, the price is against you. Gate is 0.060% cheaper against MEXC than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.048%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.518% in total) that is about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.518% in total (about 27.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ACE_USDT | 0.1715 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $13.9M | $783K | 20x |
| Short | Gate ACE_USDT | 0.1715 | 0.0842 | get 0.0421% / 4h | 2h 47m | $1.1M | $1.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $155.82
- Price spread: −0.012% → +0.048%
- −$5.98
- Slippage, 4 orders
- −$104.89
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $29.94
- Costs to cover
- 1.199%
- Break-even
- 5.7 days
Slippage from MEXC: live order book, 6 min ago; Gate: live order book, 1 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 MEXC live order book, 6 min ago | 0.58 bp | 8.1 bp −$8 | 34.0 bp −$340 | 102.9 bp −$10.3K | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.91 bp | 51.1 bp −$51 | doesn't fit | 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 | +0.0051% | 4h | 0.1716 | +0.064% | $453K | $69K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1716 | +0.047% | $372K | $398K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1713 | −0.132% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1715 | −0.016% | $8.5M | $18.1M | 20x | as long as short |
| Bybit ACEUSDT | +0.0100% | 4h | 0.1717 | +0.128% | $2.4M | $2.6M | 25x | as long as short |
| MEXC ACE_USDTlong | +0.0100% | 4h | 0.1715 | long leg | $13.9M | $783K | 20x | |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1715 | −0.017% | $2.0M | $519K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1715 | −0.012% | $1.6M | $2.2M | 10x | as long as short |
| BingX ACE-USDT | +0.0100% | 4h | 0.1715 | +0.006% | — | $1.4M | — | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1721 | +0.311% | $115K | $44K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ACE-USDT | +0.0100% | 4h | 0.1713 | −0.105% | $16K | $115K | 20x | as long as short |
| Gate ACE_USDTshort | +0.0842% | 4h | 0.1715 | −0.012% | $1.1M | $1.8M | 25x | |
| Kraken Futures PF_ACEUSD | +0.0906% | 1h | 0.1713 | −0.104% | $48K | $633K | 10x | as long as short |
MEXC ACE_USDT
Gate ACE_USDT
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
Bybit ACEUSDT
KuCoin ACEUSDTM
Bitget ACEUSDT
BingX ACE-USDT
Variational Omni ACE
HTX ACE-USDT
Kraken Futures PF_ACEUSD