Funding you earn now, next payment 03:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.008%
Price spread now: QFEX against Bitget+0.017%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 4 days (all we have)+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.017%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALABUSDT | 344.47 | 0 | get 0.0000% / 8h | 5h 33m | $213K | $153K | 20x |
| Short | QFEX ALAB-USD | 344.53 | 0.0041 | get 0.0005% / 1h | 33m 25s | $1.1M | $4.4M | 10x |
Bitget ALABUSDT
QFEX ALAB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $8.64
- Price spread: +0.017% → −0.011%
- $2.88
- Slippage, 4 orders
- −$91.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$101.75
- Costs to cover
- 1.133%
- Break-even
- 89.5 days
Slippage from Bitget: live order book, 21 min ago; QFEX: live order book, 5 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, 21 min ago | 10.88 bp | 32.8 bp −$33 | 47.1 bp −$471 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.03 bp | 8.7 bp −$9 | 16.6 bp −$166 | 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 ALABUSDT | 0.0000% | 8h | 344.54 | +0.021% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.36 | −0.032% | $474K | $430K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.82 | +0.102% | $596K | $472K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.60 | +0.038% | $506K | $303K | 20x | as long as short |
| Bitget ALABUSDTlong | 0.0000% | 8h | 344.47 | long leg | $213K | $153K | 20x | |
| Variational Omni ALAB | 0.0000% | 8h | 344.53 | +0.017% | $94K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 344.56 | +0.026% | $1.7M | $215K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.00 | −0.135% | $12K | — | 10x | as long as short |
| QFEX ALAB-USDshort | +0.0041% | 1h | 344.53 | +0.017% | $1.1M | $4.4M | 10x | |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.48 | +0.003% | — | — | 5x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
Vest ALAB-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 344.40 | −0.020% | $343K | $32K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 344.67 | +0.058% | $1K | $376K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 344.41 | −0.017% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT