Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Binance−0.070%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1561.564% of the position
Funding, last 7 days−0.313%−$31 on $10k
+Price spread, last 2 days (all we have)+0.043%+$4 · spread now −0.070%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.042% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALABUSDT | 341.96 | 0 | get 0.0000% / 8h | 20m 43s | $1.1M | $3.9M | 20x |
| Short | Phemex ALABUSDT | 341.72 | 0 | get 0.0000% / 8h | 20m 43s | $1.7M | $202K | 10x |
Binance ALABUSDT
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- $0
- Price spread: −0.070% → −0.029%
- −$4.15
- Slippage, 4 orders
- −$134.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$160.56
- Costs to cover
- 1.564%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Phemex: live order book, 2 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 Binance live order book, 16 min ago | 2.78 bp | 15.1 bp −$15 | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 4.54 bp | 58.2 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
ALAB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ALABUSDTlong | 0.0000% | 8h | 341.96 | long leg | $1.1M | $3.9M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 342.17 | +0.061% | $479K | $416K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 341.91 | −0.015% | $600K | $452K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 341.60 | −0.105% | $486K | $284K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 341.56 | −0.117% | $210K | $152K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 341.85 | −0.031% | $81K | $66K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 341.72 | −0.070% | $1.7M | $202K | 10x | |
| BloFin ALAB-USDT | +0.0017% | 8h | 342.50 | +0.158% | $72K | $60K | 20x | as long as short |
| QFEX ALAB-USD | +0.0022% | 1h | 341.84 | −0.035% | $1.1M | $5.1M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 341.71 | −0.073% | $11K | — | 10x | as long as short |
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
BloFin ALAB-USDT
QFEX ALAB-USD
Extended ALAB_24_5-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ALAB-USD-PERP | +0.0046% | 1h | 341.67 | −0.085% | — | — | 5x | as long as short |
| KuCoin ALABUSDTM | +0.0100% | 8h | 341.75 | −0.061% | $341K | $31K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 342.66 | +0.205% | $965 | $375K | 10x | as long as short |
Vest ALAB-USD-PERP
KuCoin ALABUSDTM
HTX ALAB-USDT