Funding you earn now, next payment 08:00 UTC+0.0246%/8h= +26.9% APRnext payment +$2.46 per $10,000 · paid last 24h −0.025%
Price spread now: Bybit against Gate−0.083%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.083% cheaper against Gate than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 27 hours of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.46 per $10,000. 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 | Gate ALICE_USDT | 0.1440 | 0.0335 | pay 0.0335% / 8h | 2h 40m | $91K | $94K | 25x |
| Short | Bybit ALICEUSDT | 0.1439 | 0.0581 | get 0.0581% / 8h | 2h 40m | $652K | $187K | 25x |
Gate ALICE_USDT
Bybit ALICEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $51.56
- Price spread: −0.083% → 0.000%
- −$8.33
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $17.23
- Costs to cover
- 0.260%
- Break-even
- 4.7 days
Slippage unknown: Gate: no order-book sample; Bybit: live order book, 65 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 65 min ago | 7.22 bp | 135.5 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
Gate: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ALICEUSDT | +0.0100% | 4h | 0.1437 | −0.219% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1437 | −0.208% | $2.3M | $2.8M | 50x | as long as short |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1437 | −0.208% | $555K | $120K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1440 | 0.000% | $422K | $44K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1438 | −0.139% | $986K | $117K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1437 | −0.208% | — | $1.3M | — | as long as short |
| BloFin ALICE-USDT | +0.0136% | 4h | 0.1444 | +0.278% | $157K | $13K | 50x | as long as short |
| Variational Omni ALICE | +0.0148% | 8h | 0.1443 | +0.200% | $476 | $477 | — | as long as short |
| Gate ALICE_USDTlong | +0.0335% | 8h | 0.1440 | long leg | $91K | $94K | 25x | |
| Bybit ALICEUSDTshort | +0.0581% | 8h | 0.1439 | −0.083% | $652K | $187K | 25x |
Aster ALICEUSDT
Binance ALICEUSDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
BloFin ALICE-USDT
Variational Omni ALICEShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.0832% | 1h | 0.1441 | +0.042% | $33K | $4K | 10x | as long as short |
Kraken Futures PF_ALICEUSD