Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Binance−0.073%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$810.812% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.073%, 7d avg −0.004%
=Funding pays, the price is against you. BloFin is 0.069% cheaper against Binance than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.004%). If the spread goes back, that is −$7 on $10k: about 5.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALICEUSDT | 0.1460 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $2.3M | $2.8M | 50x |
| Short | BloFin ALICE-USDT | 0.1459 | 0.0146 | get 0.0073% / 4h | 1h 58m | $158K | $19K | 50x |
Binance ALICEUSDT
BloFin ALICE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $9.6
- Price spread: −0.073% → −0.004%
- −$6.93
- Slippage, 4 orders
- −$59.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.56
- Costs to cover
- 0.812%
- Break-even
- 64.3 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 8 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 Binance live order book, 7 min ago | 3.44 bp | 21.1 bp −$21 | 147.9 bp −$1,479 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 6.90 bp | 19.8 bp −$20 | 67.0 bp −$670 | doesn't fit | doesn't fit |
ALICE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | −0.0108% | 1h | 0.1460 | −0.006% | $33K | $4K | 10x | as long as short |
| Aster ALICEUSDT | +0.0100% | 4h | 0.1460 | −0.013% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDTlong | +0.0100% | 4h | 0.1460 | long leg | $2.3M | $2.8M | 50x | |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1459 | −0.073% | $557K | $117K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1457 | −0.210% | $426K | $44K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1459 | −0.073% | $997K | $119K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1460 | −0.004% | — | $1.3M | — | as long as short |
| Variational Omni ALICE | +0.0100% | 8h | 0.1456 | −0.273% | $479 | $477 | — | as long as short |
| BloFin ALICE-USDTshort | +0.0146% | 4h | 0.1459 | −0.073% | $158K | $19K | 50x | |
| Gate ALICE_USDT | +0.0453% | 8h | 0.1460 | −0.004% | $90K | $86K | 25x | as long as short |
Kraken Futures PF_ALICEUSD
Aster ALICEUSDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
Variational Omni ALICE
Gate ALICE_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALICEUSDT | +0.0466% | 8h | 0.1461 | +0.050% | $661K | $188K | 25x | as long as short |
Bybit ALICEUSDT