Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin−0.338%111s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.856% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.338%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.337% cheaper against BloFin than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −0.001%). Swap the legs. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALICE-USDT | 0.1445 | 0.0117 | pay 0.0058% / 4h | 1h 13m | $160K | $13K | 50x |
| Short | Binance ALICEUSDT | 0.1440 | 0.0100 | get 0.0050% / 4h | 1h 13m | $2.3M | $2.5M | 50x |
BloFin ALICE-USDT
Binance ALICEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$3.5
- Price spread: −0.338% → −0.001%
- −$33.69
- Slippage, 4 orders
- −$63.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.83
- Costs to cover
- 0.856%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 18 min ago; Binance: 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 BloFin live order book, 18 min ago | 3.47 bp | 15.5 bp −$16 | 49.2 bp −$492 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.46 bp | 21.8 bp −$22 | 101.8 bp −$1,018 | 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 | 0.1441 | −0.245% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDTshort | +0.0100% | 4h | 0.1440 | −0.338% | $2.3M | $2.5M | 50x | |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1440 | −0.346% | $531K | $114K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1442 | −0.208% | $418K | $47K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1441 | −0.277% | $991K | $114K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1442 | −0.208% | — | $1.3M | — | as long as short |
| BloFin ALICE-USDTlong | +0.0117% | 4h | 0.1445 | long leg | $160K | $13K | 50x | |
| Variational Omni ALICE | +0.0253% | 8h | 0.1446 | +0.074% | $475 | $478 | — | as long as short |
| Gate ALICE_USDT | +0.0820% | 8h | 0.1442 | −0.208% | $90K | $89K | 25x | as long as short |
| Bybit ALICEUSDT | +0.0864% | 8h | 0.1444 | −0.104% | $642K | $175K | 25x | as long as short |
Aster ALICEUSDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
Variational Omni ALICE
Gate ALICE_USDT
Bybit ALICEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.2083% | 1h | 0.1442 | −0.200% | $33K | $4K | 10x | as long as short |
Kraken Futures PF_ALICEUSD