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

ALICE

all ALICE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Binance+0.168%7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$718as in the Funding arb table
Net, price: spread back to 7d avg − costs−$710as in the Price arb table
costs, in and out, $10k−$7137.129% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.168%, 7d avg +0.139%
Together, before fees−0.010%−$1 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: KuCoin is 0.029% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.139%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ALICEUSDT0.14370.0100pay 0.0050% / 4h3h 36m$2.3M$2.4M50x
ShortKuCoin ALICEUSDTM0.14390.0100get 0.0050% / 4h3h 36m$417K$47K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.168% → +0.139%
$2.89
Slippage, 4 orders
−$690.86
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$709.97
Costs to cover
7.129%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 15 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, 13 min ago3.47 bp17.9 bp −$18129.5 bp −$1,295doesn't fitdoesn't fit
Sell KuCoin live order book, 15 min ago17.33 bp250.8 bp −$251doesn't fitdoesn'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%4h0.1437+0.011%$9K$5375xas long as short
Binance ALICEUSDTlong+0.0100%4h0.1437long leg$2.3M$2.4M50x
MEXC ALICE_USDT+0.0100%4h0.1437+0.029%$503K$112K50xas long as short
KuCoin ALICEUSDTMshort+0.0100%4h0.1439+0.168%$417K$47K30x
Bitget ALICEUSDT+0.0100%4h0.1437+0.029%$985K$112K50xas long as short
BingX ALICE-USDT+0.0100%4h0.1437+0.029%$1.3Mas long as short
Variational Omni ALICE+0.0100%8h0.1442+0.372%$474$478as long as short
BloFin ALICE-USDT+0.0108%4h0.1436−0.041%$157K$13K50xas long as short
Bybit ALICEUSDT+0.0402%8h0.1438+0.084%$624K$194K25xas long as short
Gate ALICE_USDT+0.0521%8h0.1438+0.098%$95K$77K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALICEUSD+0.0695%1h0.1440+0.225%$33K$4K10xas long as short