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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0743%/8h= −81.3% APRnext payment $3.71 per $10,000 · paid last 24h −0.021%
Price spread now: BloFin against Gate−0.173%93s7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1101.096% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.516%−$52 on $10k
Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.173%, 7d avg −0.059%
Together, before fees−0.256%−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and BloFin is 0.115% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.059%). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.516% in total (about -26.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ACE_USDT0.17320.0858pay 0.0429% / 4h3h 07m$1.1M$1.8M25x
ShortBloFin ACE-USDT0.17290.0115get 0.0058% / 4h3h 07m$460K$70K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
−$155.94
Price spread: −0.173% → −0.059%
−$11.47
Slippage, 4 orders
−$82.6
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$277.01
Costs to cover
1.096%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 63 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 Gate live order book, 5 min ago2.89 bp36.0 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 63 min ago0.87 bp21.3 bp −$21doesn'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 ACE+0.0100%1h0.1729−0.173%$400K$380K3xas long as short
Aster ACEUSDT+0.0100%4h0.1729−0.155%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1730−0.095%$8.6M$18.0M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1732−0.017%$14.0M$790K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1730−0.133%$2.0M$516K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1730−0.115%$1.6M$2.2M10xas long as short
Variational Omni ACE+0.0100%4h0.1727−0.299%$116K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1722−0.566%$16K$120K20xas long as short
BingX ACE-USDT+0.0114%4h0.1731−0.046%$1.4Mas long as short
BloFin ACE-USDTshort+0.0115%4h0.1729−0.173%$460K$70K20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDT+0.0146%4h0.1733+0.075%$2.5M$2.5M25xas long as short
Kraken Futures PF_ACEUSD+0.0534%1h0.1729−0.190%$48K$632K10xas long as short
Gate ACE_USDTlong+0.0858%4h0.1732long leg$1.1M$1.8M25x