Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against BloFin−0.089%52s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1661.660% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.089%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.079% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALAB-USDT | 336.81 | 0.0120 | pay 0.0120% / 8h | 7h 00m | $71K | $107K | 20x |
| Short | Bybit ALABUSDT | 336.51 | 0 | get 0.0000% / 8h | 7h 00m | $445K | $213K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$25.2
- Price spread: −0.089% → −0.010%
- −$7.89
- Slippage, 4 orders
- −$142.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$199.05
- Costs to cover
- 1.660%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; Bybit: live order book, 24 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, 55 min ago | 1.50 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 24 min ago | 8.43 bp | 43.1 bp −$43 | 214.9 bp −$2,149 | 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 ALABUSDT | −0.0531% | 8h | 336.19 | −0.184% | $215K | $158K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 336.29 | −0.154% | $1.1M | $5.9M | 20x | as long as short |
| Bybit ALABUSDTshort | 0.0000% | 8h | 336.51 | −0.089% | $445K | $213K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.49 | −0.095% | $578K | $454K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.10 | −0.211% | $473K | $348K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.40 | −0.121% | $61K | $87K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 336.21 | −0.178% | $1.6M | $275K | 10x | as long as short |
| QFEX ALAB-USD | +0.0024% | 1h | 336.22 | −0.175% | $1.1M | $3.3M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 336.87 | +0.016% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.03 | −0.232% | — | — | 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 | 336.22 | −0.175% | $334K | $131K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 336.47 | −0.101% | $1K | $381K | 10x | as long as short |
| BloFin ALAB-USDTlong | +0.0120% | 8h | 336.81 | long leg | $71K | $107K | 20x |
BloFin ALAB-USDT
Bybit ALABUSDT
Bitget ALABUSDT
Binance ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
KuCoin ALABUSDTM
HTX ALAB-USDT