Funding you earn now, next payment 04:00 UTC+0.0914%/8h= +100.1% APRpaid last 24h +0.050%
Price spread now: Bybit against BloFin+0.161%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2982.975% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.161%, 7d avg +0.113%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bybit is 0.048% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.113%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.6% 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 | BloFin ALICE-USDT | 0.1430 | 0.0045 | pay 0.0022% / 4h | 2h 49m | $157K | $13K | 50x |
| Short | Bybit ALICEUSDT | 0.1432 | 0.0959 | get 0.0959% / 8h | 6h 49m | $622K | $201K | 25x |
BloFin ALICE-USDT
Bybit ALICEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $192.04
- Price spread: +0.161% → +0.113%
- $4.78
- Slippage, 4 orders
- −$274.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.69
- Costs to cover
- 2.975%
- Break-even
- 10.7 days
Slippage from BloFin: live order book, 2 min ago; Bybit: live order book, 11 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, 2 min ago | 3.50 bp | 19.9 bp −$20 | 68.1 bp −$681 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 9.76 bp | 128.4 bp −$128 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ALICE-USDTlong | +0.0045% | 4h | 0.1430 | long leg | $157K | $13K | 50x | |
| Aster ALICEUSDT | +0.0100% | 4h | 0.1430 | −0.003% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1431 | +0.035% | $2.3M | $2.5M | 50x | as long as short |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1430 | 0.000% | $529K | $111K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1430 | 0.000% | $414K | $47K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1429 | −0.070% | $982K | $121K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1431 | +0.070% | — | $1.3M | — | as long as short |
| Variational Omni ALICE | +0.0100% | 8h | 0.1431 | +0.054% | $471 | $478 | — | as long as short |
| Bybit ALICEUSDTshort | +0.0959% | 8h | 0.1432 | +0.161% | $622K | $201K | 25x | |
| Gate ALICE_USDT | +0.1275% | 8h | 0.1431 | +0.070% | $90K | $80K | 25x | as long as short |
Aster ALICEUSDT
Binance ALICEUSDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
Variational Omni ALICE
Gate ALICE_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.1827% | 1h | 0.1434 | +0.279% | $33K | $4K | 10x | as long as short |
Kraken Futures PF_ALICEUSD