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−0.0116%/8h= −12.7% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.006%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$790.788% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.598%−$60 on $10k
Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.006%, 7d avg +0.013%
Together, before fees−0.475%+ Points / potential airdropHyperliquid: Season 2 · farm board−$48 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ACE-USDT0.17410.0216pay 0.0108% / 4h1h 42m$1.4M
ShortHyperliquid ACE0.17410.0100get 0.0013% / 1h42m 44s$374K$409K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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
−$24.36
Price spread: +0.006% → +0.013%
−$0.75
Slippage, 4 orders
−$59.77
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$103.88
Costs to cover
0.788%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Hyperliquid: live order book, 57 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 BingX live order book, 3 min ago4.60 bp22.4 bp −$2279.9 bp −$799doesn't fitdoesn't fit
Sell Hyperliquid live order book, 57 min ago2.91 bp15.2 bp −$15doesn't fitdoesn'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
Hyperliquid ACEshort+0.0100%1h0.1741+0.006%$374K$409K3x
Aster ACEUSDT+0.0100%4h0.1739−0.093%$27K$35K5xas long as short
Binance ACEUSDT+0.0100%4h0.1740−0.042%$8.6M$18.4M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1740−0.029%$14.0M$784K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1738−0.167%$2.0M$526K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1741+0.006%$1.6M$2.2M10xas long as short
Variational Omni ACE+0.0100%4h0.1736−0.262%$116K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1724−0.948%$16K$104K20xas long as short
BloFin ACE-USDT+0.0149%4h0.1743+0.109%$463K$73K20xas long as short
BingX ACE-USDTlong+0.0216%4h0.1741long leg$1.4M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDT+0.0220%4h0.1742+0.092%$2.5M$2.7M25xas long as short
Kraken Futures PF_ACEUSD+0.1002%1h0.1744+0.166%$51K$636K10xas long as short
Gate ACE_USDT+0.1012%4h0.1741+0.006%$1.1M$1.8M25xas long as short