ACE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0520%/8h= +56.9% APRnext payment +$2.60 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget0.000%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1131.131% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 7 days+0.045%+$4 · spread now 0.000%, 7d avg +0.043%

Together, before fees+0.255%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.043% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.043%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.210% in total) that is about 34 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.210% in total (about 10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.60 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	Bitget ACEUSDT	0.1719	0.0100	pay 0.0050% / 4h	2h 34m	$1.6M	$2.2M	10x
Short	Gate ACE_USDT	0.1719	0.0620	get 0.0310% / 4h	2h 34m	$1.1M	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BitgetbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $109.2
Price spread: 0.000% → +0.043%: −$4.3
Slippage, 4 orders: −$86.12
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$8.22
Costs to cover: 1.131%
Break-even: 7.5 days

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 3 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 Bitget live order book, 2 min ago	5.82 bp	21.7 bp −$22	85.4 bp −$854	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	5.81 bp	29.6 bp −$30	150.6 bp −$1,506	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
Hyperliquid ACE	+0.0100%	1h	0.1719	0.000%	$409K	$385K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1718	−0.046%	$27K	$33K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1718	−0.044%	$8.5M	$17.8M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1718	−0.041%	$13.8M	$793K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1719	+0.017%	$2.0M	$519K	20x	as long as short
Bitget ACEUSDTlong	+0.0100%	4h	0.1719	long leg	$1.6M	$2.2M	10x
Variational Omni ACE	+0.0100%	4h	0.1721	+0.110%	$135K	$25K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1711	−0.471%	$15K	$154K	20x	as long as short
BloFin ACE-USDT	+0.0131%	4h	0.1718	−0.041%	$452K	$71K	20x	as long as short
BingX ACE-USDT	+0.0368%	4h	0.1718	−0.041%	—	$1.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ACEUSDT	+0.0452%	4h	0.1720	+0.070%	$2.5M	$2.5M	25x	as long as short
Gate ACE_USDTshort	+0.0620%	4h	0.1719	0.000%	$1.1M	$1.9M	25x
Kraken Futures PF_ACEUSD	+0.1099%	1h	0.1719	+0.006%	$50K	$629K	10x	as long as short