Funding you earn now, next payment 08:00 UTC−0.0649%/8h= −71.1% APRnext payment −$6.49 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.051%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,601as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,572as in the Price arb table
costs, in and out, $10k−$1,57615.761% of the position
Funding, last 7 days−0.249%−$25 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.051%, 7d avg +0.008%
=The price spread pays, funding is against you. Bitget is 0.042% dearer against KuCoin than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of +0.008%): +$4 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.249% in total) that is about 29 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.249% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 336.25 | 0.0100 | pay 0.0100% / 8h | 18m 18s | $335K | $46K | 20x |
| Short | Bitget ALABUSDT | 336.42 | −0.0549 | pay 0.0549% / 8h | 18m 18s | $204K | $156K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$136.29
- Price spread: +0.051% → +0.008%
- $4.23
- Slippage, 4 orders
- −$1,552.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,708.14
- Costs to cover
- 15.761%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 14 min ago; Bitget: live order book, 11 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 KuCoin live order book, 14 min ago | 12.21 bp | 247.3 bp −$247 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 11 min ago | 11.75 bp | 36.2 bp −$36 | 71.6 bp −$716 | 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 ALABUSDTshort | −0.0549% | 8h | 336.42 | +0.051% | $204K | $156K | 20x | |
| Binance ALABUSDT | 0.0000% | 8h | 336.74 | +0.146% | $1.3M | $5.6M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 336.53 | +0.083% | $452K | $203K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.26 | +0.003% | $580K | $458K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.40 | +0.045% | $476K | $350K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.29 | +0.011% | $61K | $105K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 336.59 | +0.101% | $1.6M | $263K | 10x | as long as short |
| QFEX ALAB-USD | +0.0027% | 1h | 336.57 | +0.095% | $1.1M | $3.4M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 337.03 | +0.233% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.33 | +0.024% | — | — | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMlong | +0.0100% | 8h | 336.25 | long leg | $335K | $46K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 336.62 | +0.110% | $1K | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 336.36 | +0.033% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
Bitget ALABUSDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
HTX ALAB-USDT
BloFin ALAB-USDT