Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against BloFin+0.070%109s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.525% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.070%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.094% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.024%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALICE-USDT | 0.1424 | 0.0066 | pay 0.0033% / 4h | 9m 19s | $158K | $24K | 50x |
| Short | MEXC ALICE_USDT | 0.1425 | 0.0100 | get 0.0050% / 4h | 9m 19s | $529K | $122K | 50x |
BloFin ALICE-USDT
MEXC ALICE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $7.2
- Price spread: +0.070% → −0.024%
- $9.41
- Slippage, 4 orders
- −$36.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$35.89
- Costs to cover
- 0.525%
- Break-even
- 41.9 days
Slippage from BloFin: live order book, 15 min ago; MEXC: live order book, 23 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, 15 min ago | 3.51 bp | 19.2 bp −$19 | 58.0 bp −$580 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 23 min ago | 3.51 bp | 9.4 bp −$9 | 46.8 bp −$468 | 474.0 bp −$47.4K | doesn't fit |
ALICE on 11 exchanges
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 | +0.0066% | 4h | 0.1424 | long leg | $158K | $24K | 50x | |
| Aster ALICEUSDT | +0.0100% | 4h | 0.1426 | +0.140% | $9K | $1K | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1426 | +0.108% | $2.3M | $2.8M | 50x | as long as short |
| Gate ALICE_USDT | +0.0100% | 8h | 0.1426 | +0.140% | $90K | $100K | 25x | as long as short |
| MEXC ALICE_USDTshort | +0.0100% | 4h | 0.1425 | +0.070% | $529K | $122K | 50x | |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1426 | +0.140% | $393K | $60K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1425 | +0.070% | $985K | $123K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1427 | +0.211% | — | $1.3M | — | as long as short |
| Variational Omni ALICE | +0.0292% | 8h | 0.1427 | +0.204% | $469 | $329 | — | as long as short |
| Bybit ALICEUSDT | +0.0892% | 8h | 0.1428 | +0.281% | $681K | $227K | 25x | as long as short |
Aster ALICEUSDT
Binance ALICEUSDT
Gate ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
Variational Omni ALICE
Bybit ALICEUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.1532% | 1h | 0.1428 | +0.309% | $30K | $5K | 10x | as long as short |
Kraken Futures PF_ALICEUSD