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: Gate against KuCoin−0.152%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$690as in the Price arb table
costs, in and out, $10k−$6786.777% of the position
Funding, last 7 days−0.296%−$30 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.152%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.119% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 341.82 | 0.0100 | pay 0.0100% / 8h | 3h 47m | $341K | $32K | 20x |
| Short | Gate ALAB_USDT | 341.30 | 0 | get 0.0000% / 8h | 3h 47m | $466K | $323K | 20x |
KuCoin ALABUSDTM
Gate ALAB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: −0.152% → −0.033%
- −$11.87
- Slippage, 4 orders
- −$650.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$710.55
- Costs to cover
- 6.777%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 25 min ago; Gate: live order book, 3 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, 25 min ago | 10.45 bp | 125.2 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.84 bp | 178.9 bp −$179 | 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 | 341.94 | +0.035% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 341.70 | −0.035% | $460K | $435K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 341.66 | −0.047% | $590K | $467K | 10x | as long as short |
| Gate ALAB_USDTshort | 0.0000% | 8h | 341.30 | −0.152% | $466K | $323K | 20x | |
| Bitget ALABUSDT | 0.0000% | 8h | 341.86 | +0.012% | $211K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 342.13 | +0.089% | $93K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 341.64 | −0.053% | $1.7M | $219K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 341.47 | −0.102% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 341.29 | −0.155% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0065% | 1h | 341.67 | −0.044% | $1.1M | $4.1M | 10x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Bitget ALABUSDT
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 ALABUSDTMlong | +0.0100% | 8h | 341.82 | long leg | $341K | $32K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 341.98 | +0.047% | $992 | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 342.23 | +0.120% | $72K | $105K | 20x | as long as short |
HTX ALAB-USDT
BloFin ALAB-USDT