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

ALICE

All ALICE markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BloFinALICE-USDT
0.1233+0.0127pay 0.0064% / 4h3h 58m$103K$9K50xLong BloFin
SHORT
BinanceALICEUSDT
0.1234+0.0100get 0.0050% / 4h3h 58m$1.6M$1.9M50xShort Binance
Price gap+0.081%
Funding gap−0.0027% /8h

The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 10 days. At the last 7 days' pace that is about 37 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$2−0.0027% /8h now · paid −0.016% over the last 7D
Price+$8spread +0.081% now, avg −0.002% → +0.084% if it goes back
Costs−$1051.051% of $10k · taker + slippage, in and out
Result−$98−0.98%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.081%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ALICE on 12 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size32.2 / 27.3 bp
    At $10k entering BloFin costs 32.2 bp, fee and slippage, 1.2× Binance’s.
  • Note: Margin at max leverage$200 + $200
    BloFin 50x, Binance 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$0.82Long BloFin: 6 payments, −$3.82; short Binance: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.081% vs −0.002%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$103K vs $1.6M OI
    BloFin sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBloFin Limited · Binance Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0008%/8h × 21 periods−$1.60
Price spread+0.081% → −0.002% (7d avg)+$8.36
Slippage, 4 orderslive order books−$83.09
Fee BloFin bp × 2 orders−$12.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$98.33
Costs to cover1.051%Break-evennever at this rate
Slippage: BloFin: live order book, 42 min ago; Binance: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBloFin8.1032.2 bp−$32180.8 bp−$1,808doesn’t fitdoesn’t fit
SELL · SHORTBinance4.0527.3 bp−$27102.0 bp−$1,020doesn’t fitdoesn’t fit

Closing costs about the same again.

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