Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0906%/8h= −99.2% APRpaid last 24h −0.975%

Price spread now: KuCoin against Kraken Futures−0.049%7-day average −0.122% · you buy dearer than you sell

Net, funding: paid 7d − costs−$392as in the Funding arb table

Net, price: spread back to 7d avg − costs−$301as in the Price arb table

costs, in and out, $10k−$3083.078% of the position

Long on Kraken Futures Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.842%−$84 on $10k

Price spread, last 4 days (all we have)−0.232%−$23 · spread now −0.049%, 7d avg −0.122%

Together, before fees−1.074%−$107 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.072% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.049% now, against its 7-day average of −0.122%): +$7 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.842% in total) that is about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ACEUSD	0.1764	0.1006	pay 0.0126% / 1h	42m 06s	$44K	$687K	10x
Short	KuCoin ACEUSDTM	0.1763	0.0100	get 0.0050% / 4h	1h 42m	$1.9M	$546K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee KuCoinbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$190.27
Price spread: −0.049% → −0.122%: $7.23
Slippage, 4 orders: −$285.75
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$490.79
Costs to cover: 3.078%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago	5.67 bp	28.4 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	6.80 bp	118.6 bp −$119	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	+0.0080%	4h	0.1764	+0.007%	$471K	$62K	20x	as long as short
Hyperliquid ACE	+0.0100%	1h	0.1765	+0.041%	$369K	$431K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1765	+0.023%	$18K	$42K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1765	+0.068%	$8.8M	$19.2M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1765	+0.041%	$14.2M	$777K	20x	as long as short
KuCoin ACEUSDTMshort	+0.0100%	4h	0.1763	−0.049%	$1.9M	$546K	20x
HTX ACE-USDT	+0.0100%	4h	0.1761	−0.174%	$16K	$64K	20x	as long as short
Bitget ACEUSDT	+0.0124%	4h	0.1766	+0.098%	$1.6M	$2.2M	10x	as long as short
Variational Omni ACE	+0.0277%	4h	0.1765	+0.041%	$118K	$44K	—	as long as short
Gate ACE_USDT	+0.0850%	4h	0.1765	+0.041%	$1.1M	$1.8M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ACE-USDT	+0.0870%	4h	0.1764	+0.007%	—	$1.5M	—	as long as short
Bybit ACEUSDT	+0.0906%	4h	0.1766	+0.115%	$2.7M	$2.9M	25x	as long as short
Kraken Futures PF_ACEUSDlong	+0.1006%	1h	0.1764	long leg	$44K	$687K	10x