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

ALICE

all ALICE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget+0.069%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.069%, 7d avg +0.019%
Together, before fees−0.102%−$10 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: BingX is 0.051% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ALICEUSDT0.14440.0100pay 0.0050% / 4h2h 42m$991K$117K50x
ShortBingX ALICE-USDT0.14450.0100get 0.0050% / 4h2h 42m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: +0.069% → +0.019%
$5.06
Slippage, 4 orders
−$100.71
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$117.65
Costs to cover
1.227%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 8 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 Bitget live order book, 4 min ago10.36 bp29.4 bp −$29104.9 bp −$1,049doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago13.80 bp33.1 bp −$3398.0 bp −$980931.3 bp −$93.1K1450.9 bp −$725.4K

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
BloFin ALICE-USDT+0.0088%4h0.1446+0.139%$157K$13K50xas long as short
Aster ALICEUSDT+0.0100%4h0.1444−0.003%$9K$5375xas long as short
Binance ALICEUSDT+0.0100%4h0.1443−0.056%$2.3M$2.7M50xas long as short
MEXC ALICE_USDT+0.0100%4h0.1443−0.069%$557K$120K50xas long as short
KuCoin ALICEUSDTM+0.0100%4h0.1446+0.139%$424K$44K30xas long as short
Bitget ALICEUSDTlong+0.0100%4h0.1444long leg$991K$117K50x
BingX ALICE-USDTshort+0.0100%4h0.1445+0.069%$1.3M
Variational Omni ALICE+0.0161%8h0.1449+0.356%$477$477as long as short
Gate ALICE_USDT+0.0344%8h0.1448+0.277%$92K$94K25xas long as short
Bybit ALICEUSDT+0.0589%8h0.1444+0.028%$654K$187K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALICEUSD+0.0830%1h0.1445+0.097%$33K$4K10xas long as short