Funding you earn now, next payment 05:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.009%
Price spread now: QFEX against Gate−0.003%7-day average +0.032% · 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−$356as in the Price arb table
costs, in and out, $10k−$3533.530% of the position
Funding, last 4 days (all we have)+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.003%, 7d avg +0.032%
=Funding pays, the price is against you. QFEX is 0.034% cheaper against Gate than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.032%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.015% in total) that is about 8.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALAB_USDT | 340.40 | 0 | get 0.0000% / 8h | 3h 29m | $464K | $326K | 20x |
| Short | QFEX ALAB-USD | 340.39 | 0.0065 | get 0.0008% / 1h | 29m 28s | $1.1M | $4.2M | 10x |
Gate ALAB_USDT
QFEX ALAB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- $13.68
- Price spread: −0.003% → +0.032%
- −$3.45
- Slippage, 4 orders
- −$328.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$342.81
- Costs to cover
- 3.530%
- Break-even
- 182.5 days
Slippage from Gate: live order book, 21 min ago; QFEX: live order book, 4 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 Gate live order book, 21 min ago | 5.84 bp | 157.0 bp −$157 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.06 bp | 8.6 bp −$9 | 16.2 bp −$162 | 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 | 340.63 | +0.067% | $1.4M | $4.5M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 340.72 | +0.094% | $458K | $435K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 341.20 | +0.235% | $589K | $467K | 10x | as long as short |
| Gate ALAB_USDTlong | 0.0000% | 8h | 340.40 | long leg | $464K | $326K | 20x | |
| Bitget ALABUSDT | 0.0000% | 8h | 340.33 | −0.021% | $209K | $156K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 340.31 | −0.026% | $79K | $90K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 340.51 | +0.032% | $1.7M | $228K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 338.79 | −0.473% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 340.04 | −0.106% | — | — | 5x | as long as short |
| QFEX ALAB-USDshort | +0.0065% | 1h | 340.39 | −0.003% | $1.1M | $4.2M | 10x |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Bitget ALABUSDT
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 | 340.75 | +0.103% | $339K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 340.73 | +0.097% | $1K | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 340.38 | −0.006% | $72K | $104K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT