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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.098%
Price spread now: Gate against Kraken Futures+0.124%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.884%−$88 on $10k
Price spread, last 4 days (all we have)−0.516%−$52 · spread now +0.124%, 7d avg −0.092%
Together, before fees−1.400%−$140 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.216% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of −0.092%): +$22 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ACEUSD0.17280.0712pay 0.0089% / 1h48m 39s$41K$622K10x
ShortGate ACE_USDT0.17300.0500get 0.0250% / 4h48m 39s$1.1M$1.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$44.47
Price spread: +0.124% → −0.092%
$21.6
Slippage, 4 orders
−$81.37
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$129.25
Costs to cover
1.064%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 57 min ago; Gate: live order book, 2 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 Kraken Futures live order book, 57 min ago4.63 bp30.6 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago2.88 bp35.7 bp −$36334.1 bp −$3,341doesn't fitdoesn't fit

ACE on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ACE-USDT+0.0060%4h0.1731+0.153%$470K$66K20xas long as short
Hyperliquid ACE+0.0100%1h0.1731+0.182%$353K$439K3xas long as short
Aster ACEUSDT+0.0100%4h0.1731+0.199%$17K$37K5xas long as short
Binance ACEUSDT+0.0100%4h0.1732+0.245%$8.5M$18.4M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1732+0.228%$14.0M$691K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1731+0.182%$1.6M$2.1M10xas long as short
Variational Omni ACE+0.0100%4h0.1733+0.280%$116K$43Kas long as short
HTX ACE-USDT+0.0100%4h0.1729+0.061%$15K$33K20xas long as short
KuCoin ACEUSDTM+0.0146%4h0.1731+0.182%$1.9M$504K20xas long as short
Bybit ACEUSDT+0.0154%4h0.1732+0.269%$2.5M$2.8M25xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ACE-USDT+0.0180%4h0.1731+0.176%$1.4Mas long as short
Gate ACE_USDTshort+0.0500%4h0.1730+0.124%$1.1M$1.6M25x
Kraken Futures PF_ACEUSDlong+0.0712%1h0.1728long leg$41K$622K10x