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: Phemex against HTX0.000%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$379as in the Price arb table
costs, in and out, $10k−$3823.820% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now 0.000%, 7d avg −0.025%
=The price spread pays, funding is against you. Phemex is 0.025% dearer against HTX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALAB-USDT | 346.08 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $1K | $375K | 10x |
| Short | Phemex ALABUSDT | 346.08 | 0 | get 0.0000% / 8h | 7h 54m | $1.7M | $203K | 10x |
HTX ALAB-USDT
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: 0.000% → −0.025%
- $2.53
- Slippage, 4 orders
- −$357.95
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$400.42
- Costs to cover
- 3.820%
- Break-even
- never at this rate
Slippage from HTX: live order book, 19 min ago; Phemex: 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 HTX live order book, 19 min ago | 69.45 bp | 148.7 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 5.67 bp | 48.9 bp −$49 | doesn't fit | 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 | 345.99 | −0.026% | $1.1M | $4.1M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 346.08 | 0.000% | $484K | $414K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 345.40 | −0.196% | $600K | $460K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 345.90 | −0.052% | $493K | $282K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 345.42 | −0.191% | $214K | $150K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 345.28 | −0.232% | $82K | $66K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 346.08 | 0.000% | $1.7M | $203K | 10x | |
| BloFin ALAB-USDT | +0.0022% | 8h | 345.53 | −0.159% | $72K | $71K | 20x | as long as short |
| QFEX ALAB-USD | +0.0037% | 1h | 346.12 | +0.012% | $1.1M | $5.1M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.59 | −0.431% | $12K | — | 10x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
BloFin ALAB-USDT
QFEX ALAB-USD
Extended ALAB_24_5-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ALAB-USD-PERP | +0.0046% | 1h | 345.21 | −0.251% | — | — | 5x | as long as short |
| KuCoin ALABUSDTM | +0.0100% | 8h | 345.87 | −0.061% | $345K | $31K | 20x | as long as short |
| HTX ALAB-USDTlong | +0.0100% | 8h | 346.08 | long leg | $1K | $375K | 10x |
Vest ALAB-USD-PERP
KuCoin ALABUSDTM