ACE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0352%/8h= +38.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.961%

Price spread now: Kraken Futures against Hyperliquid−0.075%7-day average +0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$890.888% of the position

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.757%+$76 on $10k

Price spread, last 4 days (all we have)+0.580%+$58 · spread now −0.075%, 7d avg +0.093%

Together, before fees+1.336%+ Points / potential airdropHyperliquid: Season 2 · farm board+$134 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.168% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.093%). If the spread goes back, that is −$17 on $10k: about 38 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ACE	0.1773	0.0100	pay 0.0013% / 1h	0m 43s	$374K	$425K	3x
Short	Kraken Futures PF_ACEUSD	0.1772	0.0452	get 0.0057% / 1h	0m 43s	$44K	$663K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. 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

Position, each leg$Hold fordaysFee HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now −0.075%Rate

Funding earned: $73.95
Price spread: −0.075% → +0.093%: −$16.83
Slippage, 4 orders: −$69.83
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$31.71
Costs to cover: 0.888%
Break-even: 10.0 days

Slippage from Hyperliquid: live order book, 9 min ago; Kraken Futures: live order book, 52 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 Hyperliquid live order book, 9 min ago	5.66 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 52 min ago	9.65 bp	22.8 bp −$23	114.3 bp −$1,143	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	+0.0073%	4h	0.1770	−0.158%	$472K	$67K	20x	as long as short
Hyperliquid ACElong	+0.0100%	1h	0.1773	long leg	$374K	$425K	3x
Aster ACEUSDT	+0.0100%	4h	0.1772	−0.045%	$22K	$40K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1774	+0.032%	$8.9M	$18.9M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1773	0.000%	$14.3M	$791K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1772	−0.034%	$2.0M	$544K	20x	as long as short
Bitget ACEUSDT	+0.0100%	4h	0.1774	+0.056%	$1.6M	$2.2M	10x	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1770	−0.164%	$16K	$77K	20x	as long as short
Variational Omni ACE	+0.0323%	4h	0.1772	−0.040%	$119K	$44K	—	as long as short
Kraken Futures PF_ACEUSDshort	+0.0452%	1h	0.1772	−0.075%	$44K	$663K	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ACE_USDT	+0.0632%	4h	0.1775	+0.113%	$1.2M	$1.8M	25x	as long as short
Bybit ACEUSDT	+0.0794%	4h	0.1776	+0.152%	$2.7M	$2.9M	25x	as long as short
BingX ACE-USDT	+0.0850%	4h	0.1775	+0.130%	—	$1.4M	—	as long as short