Funding you earn now, next payment 08:00 UTC−0.0482%/8h= −52.8% APRpaid last 24h −0.045%
Price spread now: BingX against Bybit−0.069%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3323.325% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.069%, 7d avg −0.052%
=The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% 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 | Bybit ALICEUSDT | 0.1440 | 0.0582 | pay 0.0582% / 8h | 2h 37m | $652K | $187K | 25x |
| Short | BingX ALICE-USDT | 0.1439 | 0.0100 | get 0.0050% / 4h | 2h 37m | — | $1.3M | — |
Bybit ALICEUSDT
BingX ALICE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$101.29
- Price spread: −0.069% → −0.052%
- −$1.77
- Slippage, 4 orders
- −$311.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$435.51
- Costs to cover
- 3.325%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 3 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 Bybit live order book, 2 min ago | 11.11 bp | 133.2 bp −$133 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 13.91 bp | 35.6 bp −$36 | 96.5 bp −$965 | 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-USDT | +0.0069% | 4h | 0.1437 | −0.208% | $157K | $13K | 50x | as long as short |
| Aster ALICEUSDT | +0.0100% | 4h | 0.1439 | −0.072% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1439 | −0.039% | $2.3M | $2.8M | 50x | as long as short |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1440 | 0.000% | $555K | $120K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1439 | −0.069% | $422K | $44K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1439 | −0.069% | $986K | $118K | 50x | as long as short |
| BingX ALICE-USDTshort | +0.0100% | 4h | 0.1439 | −0.069% | — | $1.3M | — | |
| Variational Omni ALICE | +0.0148% | 8h | 0.1443 | +0.200% | $476 | $477 | — | as long as short |
| Gate ALICE_USDT | +0.0328% | 8h | 0.1439 | −0.069% | $91K | $94K | 25x | as long as short |
| Bybit ALICEUSDTlong | +0.0582% | 8h | 0.1440 | long leg | $652K | $187K | 25x |
BloFin ALICE-USDT
Aster ALICEUSDT
Binance ALICEUSDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
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 | +0.0832% | 1h | 0.1442 | +0.135% | $33K | $4K | 10x | as long as short |
Kraken Futures PF_ALICEUSD