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

ALPINE

all ALPINE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.022%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1891.886% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.058%−$6 · spread now +0.022%, 7d avg −0.012%
Together, before fees−0.058%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.034% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ALPINE-USDT0.35600.0392pay 0.0196% / 4h2h 10m$1.2M
ShortBinance ALPINEUSDT0.35610.0414get 0.0207% / 4h2h 10m$1.6M$772K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
$4.67
Price spread: +0.022% → −0.012%
$3.38
Slippage, 4 orders
−$168.56
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$180.51
Costs to cover
1.886%
Break-even
277.3 days
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 8 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 BingX live order book, 2 min ago9.83 bp45.7 bp −$46326.1 bp −$3,261doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.82 bp44.0 bp −$44416.9 bp −$4,169doesn't fitdoesn't fit

ALPINE on 7 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
Bybit ALPINEUSDT+0.0100%4h0.3557−0.084%$157K$29K25xas long as short
Variational Omni ALPINE+0.0100%4h0.3560−0.003%$5K$1as long as short
BingX ALPINE-USDTlong+0.0392%4h0.3560long leg$1.2M
Binance ALPINEUSDTshort+0.0414%4h0.3561+0.022%$1.6M$772K10x
MEXC ALPINE_USDT+0.0418%4h0.35600.000%$172K$103K50xas long as short
Gate ALPINE_USDT+0.0431%8h0.35600.000%$69K$20K25xas long as short
KuCoin ALPINEUSDTM+0.0832%4h0.3556−0.112%$232K$539K10xas long as short