Funding you earn now, next payment 04:00 UTC−0.0770%/8h= −84.3% APRnext payment −$3.85 per $10,000 · paid last 24h −0.022%
Price spread now: KuCoin against Gate−0.035%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3423.418% of the position
Funding, last 7 days−0.291%−$29 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.035%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and KuCoin is 0.029% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.291% in total (about -15.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.85 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 | 0.1717 | 0.0870 | pay 0.0435% / 4h | 2h 45m | $1.1M | $1.8M | 25x |
| Short | KuCoin ACEUSDTM | 0.1716 | 0.0100 | get 0.0050% / 4h | 2h 45m | $2.0M | $519K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$161.7
- Price spread: −0.035% → −0.006%
- −$2.87
- Slippage, 4 orders
- −$314.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$506.41
- Costs to cover
- 3.418%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; KuCoin: 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 Gate live order book, 2 min ago | 2.91 bp | 57.5 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.23 bp | 75.9 bp −$76 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACE-USDT | +0.0051% | 4h | 0.1716 | −0.041% | $453K | $69K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1716 | −0.058% | $372K | $398K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1715 | −0.116% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1715 | −0.130% | $8.5M | $18.1M | 20x | as long as short |
| Bybit ACEUSDT | +0.0100% | 4h | 0.1717 | 0.000% | $2.4M | $2.6M | 25x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1714 | −0.151% | $13.8M | $783K | 20x | as long as short |
| KuCoin ACEUSDTMshort | +0.0100% | 4h | 0.1716 | −0.035% | $2.0M | $519K | 20x | |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1715 | −0.116% | $1.6M | $2.2M | 10x | as long as short |
| BingX ACE-USDT | +0.0100% | 4h | 0.1716 | −0.082% | — | $1.4M | — | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1718 | +0.060% | $115K | $44K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ACE-USDT | +0.0100% | 4h | 0.1713 | −0.210% | $16K | $115K | 20x | as long as short |
| Gate ACE_USDTlong | +0.0870% | 4h | 0.1717 | long leg | $1.1M | $1.8M | 25x | |
| Kraken Futures PF_ACEUSD | +0.0904% | 1h | 0.1716 | −0.048% | $48K | $632K | 10x | as long as short |
Gate ACE_USDT
KuCoin ACEUSDTM
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
Bybit ACEUSDT
MEXC ACE_USDT
Bitget ACEUSDT
BingX ACE-USDT
Variational Omni ACE
HTX ACE-USDT
Kraken Futures PF_ACEUSD