Funding you earn now, next payment 16:00 UTC−0.0659%/8h= −72.2% APRnext payment −$6.59 per $10,000 · paid last 24h −0.058%
Price spread now: Bitget against BloFin−0.125%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1511.505% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 4 days (all we have)+0.319%+$32 · spread now −0.125%, 7d avg −0.005%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.120% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.59 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 | BloFin ALAB-USDT | 336.39 | 0.0120 | pay 0.0120% / 8h | 7h 02m | $72K | $107K | 20x |
| Short | Bitget ALABUSDT | 335.97 | −0.0539 | pay 0.0539% / 8h | 7h 02m | $215K | $158K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$138.39
- Price spread: −0.125% → −0.005%
- −$11.96
- Slippage, 4 orders
- −$126.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$300.89
- Costs to cover
- 1.505%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 52 min ago; Bitget: live order book, 22 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 BloFin live order book, 52 min ago | 1.50 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 22 min ago | 13.11 bp | 31.6 bp −$32 | 48.4 bp −$484 | 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 ALABUSDTshort | −0.0539% | 8h | 335.97 | −0.125% | $215K | $158K | 20x | |
| Binance ALABUSDT | 0.0000% | 8h | 336.41 | +0.006% | $1.1M | $5.9M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 336.53 | +0.042% | $445K | $213K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.49 | +0.030% | $578K | $455K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.20 | −0.056% | $473K | $346K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 335.54 | −0.253% | $61K | $87K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 336.16 | −0.068% | $1.6M | $276K | 10x | as long as short |
| QFEX ALAB-USD | +0.0024% | 1h | 336.34 | −0.015% | $1.1M | $3.3M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 335.37 | −0.305% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 335.92 | −0.140% | — | — | 5x | 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 | 335.87 | −0.155% | $333K | $128K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 336.20 | −0.056% | $1K | $381K | 10x | as long as short |
| BloFin ALAB-USDTlong | +0.0120% | 8h | 336.39 | long leg | $72K | $107K | 20x |
BloFin ALAB-USDT
Bitget ALABUSDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
KuCoin ALABUSDTM
HTX ALAB-USDT