Funding you earn now, next payment 08:00 UTC−0.0554%/8h= −60.7% APRpaid last 24h −0.960%
Price spread now: Bybit against Kraken Futures+0.037%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$317as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2252.249% of the position
Funding, last 7 days−0.924%−$92 on $10k
+Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.037%, 7d avg −0.063%
=The price spread pays, funding is against you. Bybit is 0.100% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.063%): +$10 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ACEUSD | 0.1737 | 0.1144 | pay 0.0143% / 1h | 21m 00s | $42K | $709K | 10x |
| Short | Bybit ACEUSDT | 0.1738 | 0.0591 | get 0.0295% / 4h | 21m 00s | $2.6M | $3.1M | 25x |
Kraken Futures PF_ACEUSD
Bybit ACEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kraken Futures. 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
- −$116.33
- Price spread: +0.037% → −0.063%
- $10.04
- Slippage, 4 orders
- −$203.86
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$331.15
- Costs to cover
- 2.249%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 17 min ago; Bybit: live order book, 1 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 Kraken Futures live order book, 17 min ago | 13.55 bp | 38.8 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.44 bp | 74.5 bp −$75 | 407.1 bp −$4,071 | 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 | 0.1740 | +0.158% | $353K | $450K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1738 | +0.024% | $17K | $42K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1737 | −0.038% | $8.6M | $19.8M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1737 | +0.008% | $14.0M | $788K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1740 | +0.170% | $1.9M | $565K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1738 | +0.043% | $1.6M | $2.2M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1747 | +0.545% | $117K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1727 | −0.596% | $16K | $50K | 20x | as long as short |
| BloFin ACE-USDT | +0.0119% | 4h | 0.1738 | +0.054% | $478K | $68K | 20x | as long as short |
| BingX ACE-USDT | +0.0588% | 4h | 0.1737 | +0.003% | — | $1.5M | — | as long as short |
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BloFin ACE-USDT
BingX ACE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACEUSDTshort | +0.0591% | 4h | 0.1738 | +0.037% | $2.6M | $3.1M | 25x | |
| Gate ACE_USDT | +0.0810% | 4h | 0.1739 | +0.100% | $1.1M | $1.8M | 25x | as long as short |
| Kraken Futures PF_ACEUSDlong | +0.1144% | 1h | 0.1737 | long leg | $42K | $709K | 10x |
Gate ACE_USDT