Funding you earn now, next payment 04:00 UTC+0.0938%/8h= +102.7% APRpaid last 24h +0.045%
Price spread now: Bybit against Bitget+0.209%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$3083.084% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.209%, 7d avg +0.065%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Bybit is 0.145% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.065%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALICEUSDT | 0.1432 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $982K | $119K | 50x |
| Short | Bybit ALICEUSDT | 0.1435 | 0.1038 | get 0.1038% / 8h | 6h 09m | $641K | $180K | 25x |
Bitget ALICEUSDT
Bybit ALICEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $197
- Price spread: +0.209% → +0.065%
- $14.47
- Slippage, 4 orders
- −$285.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$96.94
- Costs to cover
- 3.084%
- Break-even
- 10.4 days
Slippage from Bitget: live order book, 56 min ago; Bybit: live order book, 51 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, 56 min ago | 13.89 bp | 25.9 bp −$26 | 127.1 bp −$1,271 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 51 min ago | 9.76 bp | 128.4 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
ALICE on 10 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 | 0.1431 | −0.043% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1430 | −0.112% | $2.3M | $2.5M | 50x | as long as short |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1430 | −0.140% | $526K | $114K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1433 | +0.070% | $415K | $47K | 30x | as long as short |
| Bitget ALICEUSDTlong | +0.0100% | 4h | 0.1432 | long leg | $982K | $119K | 50x | |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1431 | −0.070% | — | $1.3M | — | as long as short |
| Variational Omni ALICE | +0.0114% | 8h | 0.1437 | +0.339% | $471 | $478 | — | as long as short |
| Bybit ALICEUSDTshort | +0.1038% | 8h | 0.1435 | +0.209% | $641K | $180K | 25x | |
| Gate ALICE_USDT | +0.1592% | 8h | 0.1434 | +0.140% | $89K | $89K | 25x | as long as short |
| Kraken Futures PF_ALICEUSD | +0.1827% | 1h | 0.1434 | +0.148% | $33K | $4K | 10x | as long as short |
Aster ALICEUSDT
Binance ALICEUSDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
BingX ALICE-USDT
Variational Omni ALICE
Gate ALICE_USDT
Kraken Futures PF_ALICEUSD