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

ALICE

all ALICE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.048%
Price spread now: KuCoin against Gate0.000%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,020as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,014as in the Price arb table
costs, in and out, $10k−$1,01210.118% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 5 days (all we have)+0.036%+$4 · spread now 0.000%, 7d avg +0.020%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.020% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ALICE_USDT0.14960.0100pay 0.0100% / 8h6h 09m$100K$185K25x
ShortKuCoin ALICEUSDTM0.14960.0100get 0.0050% / 4h2h 09m$415K$111K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$0
Price spread: 0.000% → +0.020%
−$2.01
Slippage, 4 orders
−$984.82
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,013.83
Costs to cover
10.118%
Break-even
never at this rate
Slippage from Gate: live order book, 45 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 45 min ago13.39 bp139.7 bp −$140doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago10.02 bp339.6 bp −$340doesn't fitdoesn't fitdoesn't fit

ALICE on 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ALICE-USDT+0.0078%4h0.1497+0.067%$143K$13K50xas long as short
Aster ALICEUSDT+0.0100%4h0.1497+0.099%$9K$9K5xas long as short
Binance ALICEUSDT+0.0100%4h0.1497+0.071%$2.3M$7.5M50xas long as short
Bybit ALICEUSDT+0.0100%8h0.1498+0.120%$555K$578K25xas long as short
Gate ALICE_USDTlong+0.0100%8h0.1496long leg$100K$185K25x
MEXC ALICE_USDT+0.0100%4h0.1497+0.067%$532K$223K50xas long as short
KuCoin ALICEUSDTMshort+0.0100%4h0.14960.000%$415K$111K30x
Bitget ALICEUSDT+0.0100%4h0.1497+0.067%$1.0M$342K50xas long as short
BingX ALICE-USDT+0.0100%4h0.1497+0.067%$1.3Mas long as short
Variational Omni ALICE+0.0100%8h0.1496+0.005%$2K$2Kas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALICEUSD+0.1782%1h0.1498+0.139%$35K$38K10xas long as short