Settings8H · net · $10k
Funding arb · Price arb /

ALICE

all ALICE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.070%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$970.966% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now +0.070%, 7d avg +0.050%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.020% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ALICEUSDT0.14210.0100pay 0.0050% / 4h1h 50m$2.3M$2.3M50x
ShortBitget ALICEUSDT0.14220.0100get 0.0050% / 4h1h 50m$973K$107K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
$0
Price spread: +0.070% → +0.050%
$2.02
Slippage, 4 orders
−$74.57
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$94.55
Costs to cover
0.966%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago3.53 bp21.0 bp −$21117.5 bp −$1,175doesn't fitdoesn't fit
Sell Bitget live order book, 30 min ago10.54 bp35.1 bp −$3592.4 bp −$924doesn't fitdoesn't fit

ALICE on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ALICEUSDT+0.0100%4h0.1420−0.046%$9K$5375xas long as short
Binance ALICEUSDTlong+0.0100%4h0.1421long leg$2.3M$2.3M50x
MEXC ALICE_USDT+0.0100%4h0.1420−0.070%$492K$112K50xas long as short
KuCoin ALICEUSDTM+0.0100%4h0.14210.000%$416K$45K30xas long as short
Bitget ALICEUSDTshort+0.0100%4h0.1422+0.070%$973K$107K50x
BingX ALICE-USDT+0.0100%4h0.1422+0.070%$1.3Mas long as short
Variational Omni ALICE+0.0100%8h0.1427+0.396%$469$478as long as short
BloFin ALICE-USDT+0.0138%4h0.1418−0.211%$155K$13K50xas long as short
Bybit ALICEUSDT+0.0209%8h0.1424+0.176%$620K$192K25xas long as short
Gate ALICE_USDT+0.0247%8h0.1422+0.070%$94K$77K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALICEUSD+0.0967%1h0.1425+0.258%$32K$4K10xas long as short