Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.009%
Price spread now: QFEX against BloFin−0.048%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.048%, 7d avg −0.017%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.031% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALAB-USDT | 335.87 | 0.0120 | pay 0.0120% / 8h | 1h 48m | $72K | $104K | 20x |
| Short | QFEX ALAB-USD | 335.71 | 0.0080 | get 0.0010% / 1h | 48m 30s | $1.1M | $3.5M | 10x |
BloFin ALAB-USDT
QFEX ALAB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$8.4
- Price spread: −0.048% → −0.017%
- −$3.07
- Slippage, 4 orders
- −$44.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$77.75
- Costs to cover
- 0.663%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 23 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 BloFin live order book, 23 min ago | 3.41 bp | 17.8 bp −$18 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.79 bp | 11.9 bp −$12 | 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 ALABUSDT | −0.0690% | 8h | 336.19 | +0.095% | $205K | $157K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 335.39 | −0.143% | $1.3M | $5.5M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 335.69 | −0.054% | $451K | $399K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 335.58 | −0.086% | $578K | $461K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 335.70 | −0.051% | $469K | $344K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.31 | +0.132% | $61K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 335.52 | −0.104% | $1.6M | $259K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 335.55 | −0.095% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 335.73 | −0.042% | — | — | 5x | as long as short |
| QFEX ALAB-USDshort | +0.0080% | 1h | 335.71 | −0.048% | $1.1M | $3.5M | 10x |
Bitget ALABUSDT
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 | 335.36 | −0.152% | $334K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 335.68 | −0.057% | $2K | $378K | 10x | as long as short |
| BloFin ALAB-USDTlong | +0.0120% | 8h | 335.87 | long leg | $72K | $104K | 20x |
KuCoin ALABUSDTM
HTX ALAB-USDT