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

ALICE

all ALICE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Bitget0.000%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$920.916% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now 0.000%, 7d avg −0.041%
Together, before fees+0.060%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.041% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ALICEUSDT0.14400.0100pay 0.0050% / 4h3h 39m$997K$129K50x
ShortBloFin ALICE-USDT0.14400.0115get 0.0057% / 4h3h 39m$155K$18K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$3.09
Price spread: 0.000% → −0.041%
$4.05
Slippage, 4 orders
−$67.58
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$84.44
Costs to cover
0.916%
Break-even
198.6 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 17 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, 2 min ago13.88 bp25.5 bp −$25111.3 bp −$1,113doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago6.93 bp14.0 bp −$1454.9 bp −$549doesn'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%4h0.1440−0.033%$9K$195xas long as short
Binance ALICEUSDT+0.0100%4h0.1439−0.090%$2.3M$2.9M50xas long as short
Gate ALICE_USDT+0.0100%8h0.1441+0.069%$93K$102K25xas long as short
MEXC ALICE_USDT+0.0100%4h0.14400.000%$533K$124K50xas long as short
KuCoin ALICEUSDTM+0.0100%4h0.14400.000%$420K$47K30xas long as short
Bitget ALICEUSDTlong+0.0100%4h0.1440long leg$997K$129K50x
BingX ALICE-USDT+0.0100%4h0.1439−0.069%$1.3Mas long as short
Variational Omni ALICE+0.0100%8h0.1445+0.348%$475$472as long as short
BloFin ALICE-USDTshort+0.0115%4h0.14400.000%$155K$18K50x
Bybit ALICEUSDT+0.1186%8h0.1444+0.243%$698K$216K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALICEUSD+0.1690%1h0.1444+0.308%$33K$3K10xas long as short