Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against MEXC0.000%94s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now 0.000%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.028% cheaper against MEXC than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 46 hours of funding at the current rate (+$1 a day). The two prices were read 94 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 | MEXC ALICE_USDT | 0.1451 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $548K | $120K | 50x |
| Short | BloFin ALICE-USDT | 0.1451 | 0.0148 | get 0.0074% / 4h | 3h 29m | $157K | $13K | 50x |
MEXC ALICE_USDT
BloFin ALICE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $10.16
- Price spread: 0.000% → +0.028%
- −$2.76
- Slippage, 4 orders
- −$51.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.04
- Costs to cover
- 0.674%
- Break-even
- 48.4 days
Slippage from MEXC: live order book, 15 min ago; BloFin: live order book, 52 min ago.
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 MEXC live order book, 15 min ago | 3.45 bp | 11.2 bp −$11 | 39.4 bp −$394 | 519.6 bp −$52.0K | doesn't fit |
| Sell BloFin live order book, 52 min ago | 6.90 bp | 18.0 bp −$18 | 53.3 bp −$533 | doesn't fit | doesn't fit |
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 | 0.1452 | +0.084% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1452 | +0.069% | $2.3M | $2.7M | 50x | as long as short |
| MEXC ALICE_USDTlong | +0.0100% | 4h | 0.1451 | long leg | $548K | $120K | 50x | |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1452 | +0.069% | $423K | $48K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1452 | +0.069% | $996K | $128K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1454 | +0.207% | — | $1.3M | — | as long as short |
| BloFin ALICE-USDTshort | +0.0148% | 4h | 0.1451 | 0.000% | $157K | $13K | 50x | |
| Variational Omni ALICE | +0.0182% | 8h | 0.1455 | +0.299% | $478 | $477 | — | as long as short |
| Gate ALICE_USDT | +0.0370% | 8h | 0.1454 | +0.207% | $92K | $92K | 25x | as long as short |
| Bybit ALICEUSDT | +0.0718% | 8h | 0.1453 | +0.165% | $659K | $193K | 25x | as long as short |
Aster ALICEUSDT
Binance ALICEUSDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
Variational Omni ALICE
Gate ALICE_USDT
Bybit ALICEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.1145% | 1h | 0.1456 | +0.353% | $33K | $4K | 10x | as long as short |
Kraken Futures PF_ALICEUSD