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

ALICE

all ALICE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against BloFin+0.069%95s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.935% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.069%, 7d avg +0.040%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.029% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.040%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALICE-USDT0.14460.0095pay 0.0047% / 4h1h 07m$158K$18K50x
ShortBitget ALICEUSDT0.14470.0100get 0.0050% / 4h1h 07m$994K$120K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$1.13
Price spread: +0.069% → +0.040%
$2.93
Slippage, 4 orders
−$69.49
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$89.43
Costs to cover
0.935%
Break-even
562.4 days
Slippage from BloFin: live order book, 59 min ago; Bitget: live order book, 33 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 BloFin live order book, 59 min ago6.90 bp25.4 bp −$2559.5 bp −$595doesn't fitdoesn't fit
Sell Bitget live order book, 33 min ago10.39 bp26.4 bp −$2689.9 bp −$899doesn'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
Kraken Futures PF_ALICEUSD−0.0109%1h0.1452+0.389%$33K$3K10xas long as short
BloFin ALICE-USDTlong+0.0095%4h0.1446long leg$158K$18K50x
Aster ALICEUSDT+0.0100%4h0.1448+0.140%$9K$145xas long as short
Binance ALICEUSDT+0.0100%4h0.1447+0.047%$2.3M$2.8M50xas long as short
MEXC ALICE_USDT+0.0100%4h0.1447+0.069%$547K$121K50xas long as short
KuCoin ALICEUSDTM+0.0100%4h0.1448+0.138%$424K$45K30xas long as short
Bitget ALICEUSDTshort+0.0100%4h0.1447+0.069%$994K$120K50x
BingX ALICE-USDT+0.0100%4h0.1448+0.138%$1.3Mas long as short
Variational Omni ALICE+0.0100%8h0.1447+0.058%$476$477as long as short
Gate ALICE_USDT+0.0266%8h0.1449+0.207%$90K$88K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ALICEUSDT+0.0371%8h0.1449+0.242%$655K$188K25xas long as short