Funding you earn now, next payment 12:00 UTC+0.0935%/8h= +102.3% APRpaid last 24h +0.081%
Price spread now: Bybit against BingX+0.092%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$3113.112% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.092%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Bybit is 0.036% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.056%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALICE-USDT | 0.1420 | 0.0100 | pay 0.0050% / 4h | 1h 31m | — | $1.3M | — |
| Short | Bybit ALICEUSDT | 0.1421 | 0.1035 | get 0.1035% / 8h | 5h 31m | $673K | $231K | 25x |
BingX ALICE-USDT
Bybit ALICEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $196.26
- Price spread: +0.092% → +0.056%
- $3.6
- Slippage, 4 orders
- −$290.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$111.38
- Costs to cover
- 3.112%
- Break-even
- 11.0 days
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 7 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, 7 min ago | 10.50 bp | 28.9 bp −$29 | 118.1 bp −$1,181 | 626.2 bp −$62.6K | doesn't fit |
| Sell Bybit live order book, 7 min ago | 4.55 bp | 120.3 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
ALICE on 11 exchanges
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 | 0.1419 | −0.063% | $9K | $19 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1419 | −0.070% | $2.3M | $2.8M | 50x | as long as short |
| Gate ALICE_USDT | +0.0100% | 8h | 0.1422 | +0.141% | $91K | $104K | 25x | as long as short |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1418 | −0.141% | $526K | $121K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1420 | 0.000% | $409K | $47K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1419 | −0.070% | $980K | $135K | 50x | as long as short |
| BingX ALICE-USDTlong | +0.0100% | 4h | 0.1420 | long leg | — | $1.3M | — | |
| BloFin ALICE-USDT | +0.0110% | 4h | 0.1418 | −0.141% | $158K | $23K | 50x | as long as short |
| Variational Omni ALICE | +0.0177% | 8h | 0.1425 | +0.386% | $469 | $472 | — | as long as short |
| Bybit ALICEUSDTshort | +0.1035% | 8h | 0.1421 | +0.092% | $673K | $231K | 25x |
Aster ALICEUSDT
Binance ALICEUSDT
Gate ALICE_USDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BloFin ALICE-USDT
Variational Omni ALICEShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.2345% | 1h | 0.1420 | −0.001% | $32K | $3K | 10x | as long as short |
Kraken Futures PF_ALICEUSD