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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALICEUSDT | 0.1440 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $997K | $129K | 50x |
| Short | BloFin ALICE-USDT | 0.1440 | 0.0115 | get 0.0057% / 4h | 3h 39m | $155K | $18K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 13.88 bp | 25.5 bp −$25 | 111.3 bp −$1,113 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 6.93 bp | 14.0 bp −$14 | 54.9 bp −$549 | 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 | 0.1440 | −0.033% | $9K | $19 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1439 | −0.090% | $2.3M | $2.9M | 50x | as long as short |
| Gate ALICE_USDT | +0.0100% | 8h | 0.1441 | +0.069% | $93K | $102K | 25x | as long as short |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1440 | 0.000% | $533K | $124K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1440 | 0.000% | $420K | $47K | 30x | as long as short |
| Bitget ALICEUSDTlong | +0.0100% | 4h | 0.1440 | long leg | $997K | $129K | 50x | |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1439 | −0.069% | — | $1.3M | — | as long as short |
| Variational Omni ALICE | +0.0100% | 8h | 0.1445 | +0.348% | $475 | $472 | — | as long as short |
| BloFin ALICE-USDTshort | +0.0115% | 4h | 0.1440 | 0.000% | $155K | $18K | 50x | |
| Bybit ALICEUSDT | +0.1186% | 8h | 0.1444 | +0.243% | $698K | $216K | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.1690% | 1h | 0.1444 | +0.308% | $33K | $3K | 10x | as long as short |
Bitget ALICEUSDT
BloFin ALICE-USDT
Aster ALICEUSDT
Binance ALICEUSDT
Gate ALICE_USDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
BingX ALICE-USDT
Variational Omni ALICE
Bybit ALICEUSDT
Kraken Futures PF_ALICEUSD