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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1101.096% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACE_USDT | 0.1732 | 0.0858 | pay 0.0429% / 4h | 3h 07m | $1.1M | $1.8M | 25x |
| Short | BloFin ACE-USDT | 0.1729 | 0.0115 | get 0.0058% / 4h | 3h 07m | $460K | $70K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 2.89 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 0.87 bp | 21.3 bp −$21 | doesn't fit | 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 | 0.1729 | −0.173% | $400K | $380K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1729 | −0.155% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1730 | −0.095% | $8.6M | $18.0M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1732 | −0.017% | $14.0M | $790K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1730 | −0.133% | $2.0M | $516K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1730 | −0.115% | $1.6M | $2.2M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1727 | −0.299% | $116K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1722 | −0.566% | $16K | $120K | 20x | as long as short |
| BingX ACE-USDT | +0.0114% | 4h | 0.1731 | −0.046% | — | $1.4M | — | as long as short |
| BloFin ACE-USDTshort | +0.0115% | 4h | 0.1729 | −0.173% | $460K | $70K | 20x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACEUSDT | +0.0146% | 4h | 0.1733 | +0.075% | $2.5M | $2.5M | 25x | as long as short |
| Kraken Futures PF_ACEUSD | +0.0534% | 1h | 0.1729 | −0.190% | $48K | $632K | 10x | as long as short |
| Gate ACE_USDTlong | +0.0858% | 4h | 0.1732 | long leg | $1.1M | $1.8M | 25x |
Gate ACE_USDT
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BingX ACE-USDT
Bybit ACEUSDT
Kraken Futures PF_ACEUSD