Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0718%/8h= +78.7% APRpaid last 24h +0.992%

Price spread now: Kraken Futures against Variational Omni−0.276%7-day average +0.066% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.564%+$56 on $10k

Price spread, last 4 days (all we have)+0.567%+$57 · spread now −0.276%, 7d avg +0.066%

Together, before fees+1.131%+ Points / potential airdropVariational Omni: Active · farm board+$113 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.341% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.276% now, against its 7-day average of +0.066%). If the spread goes back, that is −$34 on $10k: about 38 hours of funding at the current rate (+$22 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ACE	0.1723	0.0100	pay 0.0050% / 4h	2h 18m	$115K	$43K	—
Short	Kraken Futures PF_ACEUSD	0.1718	0.0818	get 0.0102% / 1h	18m 24s	$43K	$676K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.276%Rate

Funding earned: $150.85
Price spread: −0.276% → +0.066%: −$34.14
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $106.71
Costs to cover: 0.100%
Break-even: 2.0 days

Slippage unknown: Variational Omni: RFQ quote, 33 min ago; Kraken Futures: live order book, 32 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 33 min ago	5.75 bp	doesn't fit	650.2 bp −$6,502	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 32 min ago	7.51 bp	21.2 bp −$21	doesn't fit	doesn't fit	doesn't fit

ACE on 13 exchanges

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	0.1721	−0.069%	$462K	$65K	20x	as long as short
Hyperliquid ACE	+0.0100%	1h	0.1722	−0.035%	$353K	$439K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1721	−0.107%	$17K	$43K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1721	−0.110%	$8.4M	$18.9M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1721	−0.099%	$13.8M	$725K	20x	as long as short
Bitget ACEUSDT	+0.0100%	4h	0.1721	−0.093%	$1.6M	$2.1M	10x	as long as short
Variational Omni ACElong	+0.0100%	4h	0.1723	long leg	$115K	$43K	—
HTX ACE-USDT	+0.0100%	4h	0.1716	−0.400%	$15K	$33K	20x	as long as short
KuCoin ACEUSDTM	+0.0198%	4h	0.1721	−0.069%	$1.9M	$530K	20x	as long as short
BingX ACE-USDT	+0.0294%	4h	0.1721	−0.081%	—	$1.4M	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ACEUSDT	+0.0306%	4h	0.1722	−0.011%	$2.6M	$3.0M	25x	as long as short
Gate ACE_USDT	+0.0736%	4h	0.1722	−0.035%	$1.1M	$1.7M	25x	as long as short
Kraken Futures PF_ACEUSDshort	+0.0818%	1h	0.1718	−0.276%	$43K	$676K	10x