ACE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0372%/8h= −40.7% APRnext payment −$1.86 per $10,000 · paid last 24h −0.028%

Price spread now: Bitget against Bybit−0.102%7-day average −0.131% · you buy dearer than you sell

Net, funding: paid 7d − costs−$235as in the Funding arb table

Net, price: spread back to 7d avg − costs−$241as in the Price arb table

costs, in and out, $10k−$2442.436% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.087%+$9 on $10k

Price spread, last 7 days−0.505%−$51 · spread now −0.102%, 7d avg −0.131%

Together, before fees−0.418%−$42 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.029% dearer against Bybit than usual: you sell high and buy low (spread −0.102% now, against its 7-day average of −0.131%): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 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	Bybit ACEUSDT	0.1766	0.0472	pay 0.0236% / 4h	2h 17m	$2.6M	$2.9M	25x
Short	Bitget ACEUSDT	0.1764	0.0100	get 0.0050% / 4h	2h 17m	$1.6M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.102%Rate

Funding earned: −$78.04
Price spread: −0.102% → −0.131%: $2.88
Slippage, 4 orders: −$220.64
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$318.8
Costs to cover: 2.436%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 Bybit live order book, 5 min ago	3.09 bp	92.2 bp −$92	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	2.81 bp	32.2 bp −$32	157.3 bp −$1,573	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	0.1765	−0.045%	$370K	$427K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1765	−0.067%	$20K	$42K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1763	−0.154%	$8.8M	$19.0M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1763	−0.164%	$14.2M	$788K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1767	+0.057%	$2.0M	$541K	20x	as long as short
Bitget ACEUSDTshort	+0.0100%	4h	0.1764	−0.102%	$1.6M	$2.1M	10x
HTX ACE-USDT	+0.0100%	4h	0.1766	0.000%	$16K	$70K	20x	as long as short
BloFin ACE-USDT	+0.0132%	4h	0.1764	−0.108%	$471K	$62K	20x	as long as short
Variational Omni ACE	+0.0140%	4h	0.1776	+0.580%	$119K	$44K	—	as long as short
BingX ACE-USDT	+0.0370%	4h	0.1764	−0.102%	—	$1.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ACEUSDTlong	+0.0472%	4h	0.1766	long leg	$2.6M	$2.9M	25x
Gate ACE_USDT	+0.0482%	4h	0.1766	+0.011%	$1.1M	$1.8M	25x	as long as short
Kraken Futures PF_ACEUSD	+0.0866%	1h	0.1769	+0.158%	$44K	$666K	10x	as long as short