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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against Binance+0.029%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$730.735% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.323%+$32 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.029%, 7d avg +0.055%
Together, before fees+0.371%+ Points / potential airdropHyperliquid: Season 2 · farm board+$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ACEUSDT0.17190.0100pay 0.0050% / 4h2h 29m$8.5M$18.2M20x
ShortHyperliquid ACE0.17200.0100get 0.0013% / 1h29m 50s$373K$399K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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
$0
Price spread: +0.029% → +0.055%
−$2.57
Slippage, 4 orders
−$54.49
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$76.06
Costs to cover
0.735%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Hyperliquid: live order book, 10 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 Binance live order book, 11 min ago0.29 bp16.4 bp −$16137.5 bp −$1,375doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago2.91 bp15.2 bp −$15doesn'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 ACEshort+0.0100%1h0.1720+0.029%$373K$399K3x
Aster ACEUSDT+0.0100%4h0.1720+0.020%$27K$33K5xas long as short
Binance ACEUSDTlong+0.0100%4h0.1719long leg$8.5M$18.2M20x
Bybit ACEUSDT+0.0100%4h0.1721+0.087%$2.4M$2.6M25xas long as short
MEXC ACE_USDT+0.0100%4h0.1720+0.035%$13.9M$791K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1721+0.081%$2.0M$518K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1720+0.029%$1.6M$2.2M10xas long as short
BingX ACE-USDT+0.0100%4h0.1721+0.081%$1.4Mas long as short
Variational Omni ACE+0.0100%4h0.1721+0.069%$115K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1716−0.209%$16K$113K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ACEUSD+0.0902%1h0.1720+0.050%$48K$633K10xas long as short
Gate ACE_USDT+0.0948%4h0.1721+0.087%$1.1M$1.8M25xas long as short