Funding arb · Price arb / Crypto
ALICE
All ALICE markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1233 | +0.0138 | pay 0.0069% / 4h | 8m 07s | $103K | $9K | 50x | Long BloFin | |
| SHORT | 0.1233 | +0.0100 | get 0.0100% / 8h | 8m 07s | $106K | $22K | 25x | Short Gate |
Price gap+0.041%
Funding gap−0.0038% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0038% /8h now · paid +0.002% over the last 7D
Price+$2spread +0.041% now, avg +0.023% → +0.018% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$2+0.02%no pointscosts unknown: book too thin at $10k ·
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.041%
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
/8hALICE on 12 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Gate’s order book right now.
- Note: Margin at max leverage$200 + $400BloFin 50x, Gate 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.14Long BloFin: 6 payments, −$4.14; short Gate: 3 payments, +$3.00.
- Note: Gap at its usual level+0.041% vs +0.023%The price leg adds little either way.
- Watch: Long leg is thinner$103K vs $106K OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0001%/8h × 21 periods+$0.16
Price spread+0.041% → +0.023% (7d avg)+$1.78
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BloFin bp × 2 orders−$12.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: BloFin: live order book, 32 min ago; Gate: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin8.1032.2 bp−$32180.8 bp−$1,808doesn’t fitdoesn’t fit
SELL · SHORTGate16.27doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.