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

ALPINE

all ALPINE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0382%/8h= +41.8% APRnext payment +$1.91 per $10,000 · paid last 24h +0.141%
Price spread now: KuCoin against MEXC+0.056%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,526as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,561as in the Price arb table
costs, in and out, $10k−$1,56115.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.351%+$35 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.056%, 7d avg +0.049%
Together, before fees+0.272%+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALPINE_USDT0.35450.0100pay 0.0050% / 4h2h 35m$169K$103K50x
ShortKuCoin ALPINEUSDTM0.35470.0482get 0.0241% / 4h2h 35m$232K$622K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
$80.22
Price spread: +0.056% → +0.049%
$0.72
Slippage, 4 orders
−$1,545.47
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,480.53
Costs to cover
15.615%
Break-even
136.2 days
Slippage from MEXC: live order book, 50 min ago; KuCoin: live order book, 23 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 MEXC live order book, 50 min ago2.80 bp21.8 bp −$2275.5 bp −$755111.1 bp −$11.1K315.2 bp −$157.6K
Sell KuCoin live order book, 23 min ago5.64 bp785.1 bp −$785doesn't fitdoesn'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
Binance ALPINEUSDT+0.0100%4h0.3546+0.022%$1.6M$756K10xas long as short
Bybit ALPINEUSDT+0.0100%4h0.3544−0.028%$156K$29K25xas long as short
Gate ALPINE_USDT+0.0100%8h0.3543−0.056%$68K$19K25xas long as short
MEXC ALPINE_USDTlong+0.0100%4h0.3545long leg$169K$103K50x
Variational Omni ALPINE+0.0100%4h0.3549+0.111%$5K$1as long as short
BingX ALPINE-USDT+0.0126%4h0.3546+0.028%$1.2Mas long as short
KuCoin ALPINEUSDTMshort+0.0482%4h0.3547+0.056%$232K$622K10x