Funding you earn now, next payment 00:00 UTC+0.0602%/8h= +65.9% APRnext payment +$3.01 per $10,000 · paid last 24h +0.039%
Price spread now: Gate against KuCoin−0.064%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$428as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4604.595% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 7 days+0.005%$0 · spread now −0.064%, 7d avg +0.007%
=Funding pays, the price is against you. Gate is 0.071% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.007%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.311% in total) that is about 38 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.311% in total (about 16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.01 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 | KuCoin ACEUSDTM | 0.1722 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $2.0M | $519K | 20x |
| Short | Gate ACE_USDT | 0.1721 | 0.0702 | get 0.0351% / 4h | 2h 05m | $1.1M | $1.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- $126.42
- Price spread: −0.064% → +0.007%
- −$7.1
- Slippage, 4 orders
- −$432.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$340.22
- Costs to cover
- 4.595%
- Break-even
- 25.8 days
Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 3 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 KuCoin live order book, 1 min ago | 8.70 bp | 162.7 bp −$163 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.80 bp | 28.6 bp −$29 | 124.8 bp −$1,248 | 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 | +0.0071% | 4h | 0.1719 | −0.174% | $452K | $71K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1721 | −0.064% | $411K | $386K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1721 | −0.076% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1720 | −0.136% | $8.5M | $17.8M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1720 | −0.134% | $13.9M | $808K | 20x | as long as short |
| KuCoin ACEUSDTMlong | +0.0100% | 4h | 0.1722 | long leg | $2.0M | $519K | 20x | |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1720 | −0.122% | $1.6M | $2.2M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1723 | +0.051% | $135K | $25K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1720 | −0.122% | $15K | $149K | 20x | as long as short |
| Bybit ACEUSDT | +0.0427% | 4h | 0.1721 | −0.070% | $2.5M | $2.5M | 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 | +0.0456% | 4h | 0.1721 | −0.070% | — | $1.4M | — | as long as short |
| Gate ACE_USDTshort | +0.0702% | 4h | 0.1721 | −0.064% | $1.1M | $1.9M | 25x | |
| Kraken Futures PF_ACEUSD | +0.1098% | 1h | 0.1720 | −0.121% | $50K | $629K | 10x | as long as short |
KuCoin ACEUSDTM
Gate ACE_USDT
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
Bybit ACEUSDT
BingX ACE-USDT
Kraken Futures PF_ACEUSD