Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against BingX+0.208%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$1091.085% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.208%, 7d avg −0.061%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.269% dearer against BingX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALICE-USDT | 0.1442 | 0.0100 | pay 0.0050% / 4h | 1h 15m | — | $1.3M | — |
| Short | BloFin ALICE-USDT | 0.1445 | 0.0117 | get 0.0058% / 4h | 1h 15m | $160K | $13K | 50x |
BingX ALICE-USDT
BloFin ALICE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $3.5
- Price spread: +0.208% → −0.061%
- $26.89
- Slippage, 4 orders
- −$86.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.15
- Costs to cover
- 1.085%
- Break-even
- 163.2 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 16 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 BingX live order book, 5 min ago | 13.84 bp | 35.4 bp −$35 | 119.6 bp −$1,196 | 902.8 bp −$90.3K | doesn't fit |
| Sell BloFin live order book, 16 min ago | 3.47 bp | 25.7 bp −$26 | 75.6 bp −$756 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ALICEUSDT | +0.0100% | 4h | 0.1442 | +0.021% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1441 | −0.043% | $2.3M | $2.5M | 50x | as long as short |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1441 | −0.069% | $531K | $114K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1443 | +0.069% | $418K | $47K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1441 | −0.069% | $991K | $114K | 50x | as long as short |
| BingX ALICE-USDTlong | +0.0100% | 4h | 0.1442 | long leg | — | $1.3M | — | |
| BloFin ALICE-USDTshort | +0.0117% | 4h | 0.1445 | +0.208% | $160K | $13K | 50x | |
| Variational Omni ALICE | +0.0253% | 8h | 0.1446 | +0.282% | $475 | $478 | — | as long as short |
| Gate ALICE_USDT | +0.0852% | 8h | 0.1444 | +0.139% | $90K | $89K | 25x | as long as short |
| Bybit ALICEUSDT | +0.0897% | 8h | 0.1444 | +0.160% | $642K | $175K | 25x | as long as short |
Aster ALICEUSDT
Binance ALICEUSDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
Variational Omni ALICE
Gate ALICE_USDT
Bybit ALICEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.2081% | 1h | 0.1443 | +0.076% | $33K | $4K | 10x | as long as short |
Kraken Futures PF_ALICEUSD