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

ALICE

all ALICE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.1732%/8h= +189.6% APRpaid last 24h +0.337%
Price spread now: Kraken Futures against BloFin+0.135%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$52 a day on $10k at the current rate, and Kraken Futures is 0.135% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALICE-USDT0.14430.0124pay 0.0062% / 4h2h 58m$156K$23K50x
ShortKraken Futures PF_ALICEUSD0.14450.1856get 0.0232% / 1h58m 25s$33K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$363.65
Price spread: +0.135% → 0.000%
$13.46
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$355.11
Costs to cover
0.220%
Break-even
0.2 days
Slippage unknown: BloFin: live order book, 58 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 58 min ago6.93 bp26.6 bp −$2765.5 bp −$655doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster ALICEUSDT+0.0100%4h0.1442−0.096%$9K$195xas long as short
Binance ALICEUSDT+0.0100%4h0.1441−0.104%$2.3M$2.9M50xas long as short
MEXC ALICE_USDT+0.0100%4h0.1441−0.139%$539K$122K50xas long as short
KuCoin ALICEUSDTM+0.0100%4h0.14430.000%$421K$48K30xas long as short
Bitget ALICEUSDT+0.0100%4h0.1442−0.069%$999K$133K50xas long as short
BingX ALICE-USDT+0.0100%4h0.14430.000%$1.3Mas long as short
Variational Omni ALICE+0.0100%8h0.1447+0.279%$476$472as long as short
BloFin ALICE-USDTlong+0.0124%4h0.1443long leg$156K$23K50x
Gate ALICE_USDT+0.0214%8h0.1444+0.069%$94K$100K25xas long as short
Bybit ALICEUSDT+0.0762%8h0.1445+0.139%$681K$222K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALICEUSDshort+0.1856%1h0.1445+0.135%$33K$3K10x