Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against BloFin+0.032%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1351.350% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.032%, 7d avg −0.007%
=The price spread pays, funding is against you. Phemex is 0.039% dearer against BloFin than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.007%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALAB-USDT | 344.59 | 0.0120 | pay 0.0120% / 8h | 5h 30m | $72K | $105K | 20x |
| Short | Phemex ALABUSDT | 344.70 | 0 | get 0.0000% / 8h | 5h 30m | $1.7M | $215K | 10x |
BloFin ALAB-USDT
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.032% → −0.007%
- $3.89
- Slippage, 4 orders
- −$110.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$156.28
- Costs to cover
- 1.350%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 0.58 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 3.48 bp | 63.6 bp −$64 | 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 ALABUSDT | 0.0000% | 8h | 344.60 | +0.002% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.44 | −0.044% | $474K | $430K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.82 | +0.067% | $596K | $472K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.50 | −0.026% | $506K | $303K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.20 | −0.113% | $213K | $153K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 344.52 | −0.020% | $94K | $76K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 344.70 | +0.032% | $1.7M | $215K | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.00 | −0.171% | $12K | — | 10x | as long as short |
| QFEX ALAB-USD | +0.0041% | 1h | 344.27 | −0.093% | $1.1M | $4.4M | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.09 | −0.145% | — | — | 5x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Extended ALAB_24_5-USD
QFEX ALAB-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 | 344.45 | −0.041% | $343K | $32K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 344.67 | +0.023% | $1K | $376K | 10x | as long as short |
| BloFin ALAB-USDTlong | +0.0120% | 8h | 344.59 | long leg | $72K | $105K | 20x |
KuCoin ALABUSDTM
HTX ALAB-USDT