ACE arbitrage explained
Right now Fusionist (ACE) trades on 11 venues we scan: 10 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Binance perp at $0.1876 and the highest bid on Bybit perp at $0.1877.
The widest ACE perpetual spread is between Binance and Bybit: long ACE on Binance at $0.1876 and short on Bybit at $0.1877 for +0.05% gross, or -0.11% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best ACE route is to buy spot on MEXC and short the perpetual on Bybit: +0.05% gross, -0.15% net, with +0.030% a day of funding on the short leg.
Spot–spot ACE arbitrage (buy on MEXC, withdraw, deposit and sell on Gate) shows -0.01% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small ACE gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: ACE funding rates · ACE spread charts · Fusionist price · arbitrage scanner for all coins.