Funding you earn now, next payment 16:00 UTC−0.0560%/8h= −61.3% APRnext payment −$5.60 per $10,000 · paid last 24h −0.048%
Price spread now: Bitget against Bybit+0.260%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$2222.221% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.518%−$52 · spread now +0.260%, 7d avg 0.000%
=The price spread pays, funding is against you. Bitget is 0.260% dearer against Bybit than usual: you sell high and buy low (spread +0.260% now, against its 7-day average of 0.000%): +$26 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.001% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.60 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 | Bybit ALABUSDT | 334.82 | 0 | get 0.0000% / 8h | 7h 07m | $443K | $213K | 25x |
| Short | Bitget ALABUSDT | 335.69 | −0.0560 | pay 0.0560% / 8h | 7h 07m | $215K | $160K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$117.6
- Price spread: +0.260% → 0.000%
- $25.99
- Slippage, 4 orders
- −$199.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$313.68
- Costs to cover
- 2.221%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 17 min ago; Bitget: live order book, 17 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 Bybit live order book, 17 min ago | 8.43 bp | 75.6 bp −$76 | 200.6 bp −$2,006 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 17 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 | −0.0560% | 8h | 335.69 | +0.260% | $215K | $160K | 20x | |
| Binance ALABUSDT | 0.0000% | 8h | 335.69 | +0.261% | $1.1M | $5.9M | 20x | as long as short |
| Bybit ALABUSDTlong | 0.0000% | 8h | 334.82 | long leg | $443K | $213K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 335.78 | +0.287% | $577K | $461K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 335.70 | +0.263% | $473K | $342K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 335.72 | +0.269% | $61K | $87K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 335.50 | +0.203% | $1.6M | $276K | 10x | as long as short |
| QFEX ALAB-USD | +0.0024% | 1h | 335.36 | +0.161% | $1.1M | $3.3M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 335.37 | +0.163% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 335.35 | +0.158% | — | — | 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 | 335.01 | +0.057% | $332K | $123K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 334.84 | +0.006% | $1K | $381K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 335.58 | +0.227% | $71K | $106K | 20x | as long as short |
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
BloFin ALAB-USDT