Funding you earn now, next payment 10:00 UTC−0.1767%/8h= −193.5% APRpaid last 24h −0.344%
Price spread now: BingX against Kraken Futures−0.149%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and BingX is 0.149% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 | Kraken Futures PF_ALICEUSD | 0.1436 | 0.1867 | pay 0.0233% / 1h | 20m 30s | $33K | $3K | 10x |
| Short | BingX ALICE-USDT | 0.1434 | 0.0100 | get 0.0050% / 4h | 2h 20m | — | $1.3M | — |
Kraken Futures PF_ALICEUSD
BingX ALICE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$371.1
- Price spread: −0.149% → 0.000%
- −$14.93
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$406.03
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 3 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 13.93 bp | 33.4 bp −$33 | 106.7 bp −$1,067 | 676.7 bp −$67.7K | 1113.5 bp −$556.7K |
Kraken Futures: 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 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-USDT | +0.0091% | 4h | 0.1433 | −0.219% | $156K | $23K | 50x | as long as short |
| Aster ALICEUSDT | +0.0100% | 4h | 0.1432 | −0.291% | $9K | $19 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1432 | −0.289% | $2.3M | $2.8M | 50x | as long as short |
| Gate ALICE_USDT | +0.0100% | 8h | 0.1435 | −0.080% | $93K | $100K | 25x | as long as short |
| MEXC ALICE_USDT | +0.0100% | 4h | 0.1432 | −0.289% | $533K | $125K | 50x | as long as short |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1434 | −0.149% | $412K | $48K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1433 | −0.219% | $990K | $136K | 50x | as long as short |
| BingX ALICE-USDTshort | +0.0100% | 4h | 0.1434 | −0.149% | — | $1.3M | — | |
| Variational Omni ALICE | +0.0100% | 8h | 0.1437 | +0.036% | $472 | $472 | — | as long as short |
| Bybit ALICEUSDT | +0.1018% | 8h | 0.1436 | +0.011% | $680K | $223K | 25x | as long as short |
BloFin ALICE-USDT
Aster ALICEUSDT
Binance ALICEUSDT
Gate ALICE_USDT
MEXC ALICE_USDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
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_ALICEUSDlong | +0.1867% | 1h | 0.1436 | long leg | $33K | $3K | 10x |