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 | +0.0100 | pay 0.0100% / 8h | 7h 58m | $105K | $22K | 25x | Long Gate | |
| SHORT | 0.1233 | +0.0127 | get 0.0064% / 4h | 3h 58m | $103K | $9K | 50x | Short BloFin |
Price gap0.000%
Funding gap+0.0027% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.023% above its 7d average: +$2 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0027% /8h now · paid −0.002% over the last 7D
Price+$2spread 0.000% now, avg −0.023% → +0.023% 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
Now0.000%
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
1 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$400 + $200Gate 25x, BloFin 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.82Long Gate: 3 payments, −$3.00; short BloFin: 6 payments, +$3.82.
- OK: Entry gap works for you0.000% vs −0.023%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$103K vs $105K OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · BloFin LimitedKYC 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 spread0.000% → −0.023% (7d avg)+$2.27
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Gate bp × 2 orders−$15.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Gate: live order book, 38 min ago; BloFin: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate16.27doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBloFin8.1024.4 bp−$24107.9 bp−$1,079doesn’t fitdoesn’t fit
Closing costs about the same again.

