ACE arbitrage between Bybit and Kraken: we compare the price of ACE on Bybit (futures) and Kraken (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

Over the past 24 hours the spread between Bybit and Kraken stayed between 0.23% and 2.34%, median 0.54% across 31 samples (futures to futures).

Open interest in ACE right now — $45.9M: Binance $14.6M, BingX $10.6M, KuCoin $9.0M, Bybit $6.5M, Bitget $3.1M. See OI ACE.

About ACE arbitrage

How do I read the ACE spread?

The spread is how many percent higher ACE trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Bybit and Kraken. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get ACE alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.