Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Phemex against Extended+0.131%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Phemex is 0.131% dearer against Extended than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALAB_24_5-USD | 344.39 | 0.0040 | pay 0.0005% / 1h | 17m 53s | $12K | — | 10x |
| Short | Phemex ALABUSDT | 344.84 | 0 | get 0.0000% / 8h | 4h 17m | $1.7M | $218K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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: +0.131% → 0.000%
- $13.07
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$12.33
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Phemex: live order book, 5 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 4.35 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 344.63 | +0.070% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.28 | −0.032% | $474K | $428K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.67 | +0.081% | $596K | $469K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.70 | +0.090% | $470K | $324K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.54 | +0.044% | $213K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 345.09 | +0.204% | $94K | $76K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 344.84 | +0.131% | $1.7M | $218K | 10x | |
| Extended ALAB_24_5-USDlong | +0.0040% | 1h | 344.39 | long leg | $12K | — | 10x | |
| QFEX ALAB-USD | +0.0044% | 1h | 344.61 | +0.064% | $1.1M | $4.2M | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.33 | −0.017% | — | — | 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 | 344.44 | +0.015% | $344K | $32K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 345.11 | +0.209% | $815 | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 344.93 | +0.157% | $72K | $106K | 20x | as long as short |
Extended ALAB_24_5-USD
Phemex ALABUSDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT