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: Bybit against HTX−0.122%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3793.790% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.122%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.098% cheaper against HTX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALAB-USDT | 335.19 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $1K | $379K | 10x |
| Short | Bybit ALABUSDT | 334.78 | 0 | get 0.0000% / 8h | 1h 33m | $450K | $399K | 25x |
HTX ALAB-USDT
Bybit ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.122% → −0.024%
- −$9.82
- Slippage, 4 orders
- −$355.98
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$409.8
- Costs to cover
- 3.790%
- Break-even
- never at this rate
Slippage from HTX: live order book, 9 min ago; Bybit: live order book, 1 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, 9 min ago | 42.64 bp | 142.9 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 11.20 bp | 89.5 bp −$89 | 207.3 bp −$2,073 | 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 | −0.0714% | 8h | 335.31 | +0.036% | $204K | $157K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 334.86 | −0.098% | $1.3M | $5.5M | 20x | as long as short |
| Bybit ALABUSDTshort | 0.0000% | 8h | 334.78 | −0.122% | $450K | $399K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 334.99 | −0.060% | $577K | $459K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 335.00 | −0.057% | $468K | $345K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 334.49 | −0.208% | $61K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 335.06 | −0.039% | $1.6M | $258K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 334.57 | −0.185% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 334.56 | −0.188% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0080% | 1h | 334.74 | −0.134% | $1.1M | $3.4M | 10x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
Vest ALAB-USD-PERP
QFEX ALAB-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 334.54 | −0.194% | $334K | $33K | 20x | as long as short |
| HTX ALAB-USDTlong | +0.0100% | 8h | 335.19 | long leg | $1K | $379K | 10x | |
| BloFin ALAB-USDT | +0.0120% | 8h | 334.90 | −0.087% | $71K | $104K | 20x | as long as short |
KuCoin ALABUSDTM
BloFin ALAB-USDT