Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against HTX−0.291%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3433.427% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.291%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.268% cheaper against HTX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALAB-USDT | 338.33 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $859 | $377K | 10x |
| Short | Binance ALABUSDT | 337.35 | 0 | get 0.0000% / 8h | 2h 54m | $1.2M | $4.9M | 20x |
HTX ALAB-USDT
Binance ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- −$21
- Price spread: −0.291% → −0.023%
- −$26.81
- Slippage, 4 orders
- −$320.71
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$390.51
- Costs to cover
- 3.427%
- Break-even
- never at this rate
Slippage from HTX: live order book, 58 min ago; Binance: live order book, 12 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 HTX live order book, 58 min ago | 76.79 bp | 146.6 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.02 bp | 19.4 bp −$19 | 20.5 bp −$205 | 132.6 bp −$13.3K | 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 | −0.0419% | 8h | 337.43 | −0.266% | $204K | $160K | 20x | as long as short |
| Binance ALABUSDTshort | 0.0000% | 8h | 337.35 | −0.291% | $1.2M | $4.9M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 337.72 | −0.180% | $453K | $440K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 337.22 | −0.328% | $583K | $470K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 337.10 | −0.364% | $465K | $330K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 337.51 | −0.242% | $62K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 337.48 | −0.251% | $1.6M | $239K | 10x | as long as short |
| QFEX ALAB-USD | +0.0025% | 1h | 337.42 | −0.269% | $1.1M | $4.1M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 337.56 | −0.226% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 337.45 | −0.260% | — | — | 5x | as long as short |
Bitget ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
QFEX ALAB-USD
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 | 337.43 | −0.266% | $336K | $33K | 20x | as long as short |
| HTX ALAB-USDTlong | +0.0100% | 8h | 338.33 | long leg | $859 | $377K | 10x | |
| BloFin ALAB-USDT | +0.0120% | 8h | 337.66 | −0.198% | $72K | $104K | 20x | as long as short |
KuCoin ALABUSDTM
BloFin ALAB-USDT