Funding you earn now, next payment 08:00 UTC+0.0700%/8h= +76.6% APRnext payment +$7.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.182%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$436as in the Funding arb table
Net, price: spread back to 7d avg − costs−$445as in the Price arb table
costs, in and out, $10k−$4314.312% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.182%, 7d avg −0.043%
=Funding pays, the price is against you. Gate is 0.139% cheaper against Bitget than usual: you would sell low and buy high (spread −0.182% now, against its 7-day average of −0.043%). If the spread goes back, that is −$14 on $10k: about 16 hours of funding at the current rate (+$21 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALABUSDT | 335.31 | −0.0700 | get 0.0700% / 8h | 1h 37m | $204K | $157K | 20x |
| Short | Gate ALAB_USDT | 334.70 | 0 | get 0.0000% / 8h | 1h 37m | $467K | $345K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $147
- Price spread: −0.182% → −0.043%
- −$13.94
- Slippage, 4 orders
- −$404.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$298.16
- Costs to cover
- 4.312%
- Break-even
- 21.2 days
Slippage from Bitget: live order book, 62 min ago; Gate: live order book, 4 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 Bitget live order book, 62 min ago | 13.74 bp | 39.5 bp −$39 | 95.8 bp −$958 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.46 bp | 151.7 bp −$152 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALABUSDTlong | −0.0700% | 8h | 335.31 | long leg | $204K | $157K | 20x | |
| Binance ALABUSDT | 0.0000% | 8h | 334.76 | −0.164% | $1.3M | $5.5M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 334.72 | −0.176% | $450K | $399K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 334.88 | −0.128% | $577K | $458K | 10x | as long as short |
| Gate ALAB_USDTshort | 0.0000% | 8h | 334.70 | −0.182% | $467K | $345K | 20x | |
| Variational Omni ALAB | 0.0000% | 8h | 335.21 | −0.031% | $61K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 334.81 | −0.149% | $1.6M | $258K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 334.90 | −0.121% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 334.59 | −0.215% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0080% | 1h | 334.89 | −0.125% | $1.1M | $3.5M | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 334.67 | −0.191% | $334K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 335.12 | −0.057% | $2K | $379K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 334.94 | −0.110% | $71K | $104K | 20x | as long as short |
Bitget ALABUSDT
Gate ALAB_USDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT