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

ALICE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.1983%/8h= −217.1% APRpaid last 24h −0.283%
Price spread now: Bitget against Kraken Futures−0.077%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and Bitget is 0.077% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ALICEUSD0.14420.2083pay 0.0260% / 1h14m 00s$33K$4K10x
ShortBitget ALICEUSDT0.14410.0100get 0.0050% / 4h1h 14m$991K$114K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$416.37
Price spread: −0.077% → 0.000%
−$7.73
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$446.1
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 47 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Bitget live order book, 47 min ago10.43 bp31.9 bp −$3288.5 bp −$885doesn't fitdoesn't fit
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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ALICEUSDT+0.0100%4h0.1442−0.034%$9K$5375xas long as short
Binance ALICEUSDT+0.0100%4h0.1440−0.147%$2.3M$2.5M50xas long as short
MEXC ALICE_USDT+0.0100%4h0.1440−0.147%$531K$114K50xas long as short
KuCoin ALICEUSDTM+0.0100%4h0.1442−0.008%$418K$47K30xas long as short
Bitget ALICEUSDTshort+0.0100%4h0.1441−0.077%$991K$114K50x
BingX ALICE-USDT+0.0100%4h0.1444+0.131%$1.3Mas long as short
BloFin ALICE-USDT+0.0117%4h0.1445+0.200%$160K$13K50xas long as short
Variational Omni ALICE+0.0253%8h0.1446+0.274%$475$478as long as short
Gate ALICE_USDT+0.0836%8h0.1443+0.061%$90K$89K25xas long as short
Bybit ALICEUSDT+0.0881%8h0.1444+0.110%$642K$175K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALICEUSDlong+0.2083%1h0.1442long leg$33K$4K10x