Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.021%
Price spread now: QFEX against KuCoin−0.093%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4174.172% of the position
Funding, last 4 days (all we have)−0.095%−$10 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.093%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.092% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 344.54 | 0.0100 | pay 0.0100% / 8h | 4h 13m | $344K | $32K | 20x |
| Short | QFEX ALAB-USD | 344.22 | 0.0044 | get 0.0006% / 1h | 13m 01s | $1.1M | $4.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$11.73
- Price spread: −0.093% → −0.001%
- −$9.18
- Slippage, 4 orders
- −$395.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$438.11
- Costs to cover
- 4.172%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 69 min ago; QFEX: live order book, 5 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, 69 min ago | 14.95 bp | 166.0 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.03 bp | 7.7 bp −$8 | 13.8 bp −$138 | 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 | 344.36 | −0.052% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.33 | −0.061% | $474K | $428K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.67 | +0.038% | $596K | $469K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.40 | −0.041% | $470K | $324K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.53 | −0.003% | $213K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 344.60 | +0.017% | $94K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 344.51 | −0.009% | $1.7M | $218K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 343.63 | −0.266% | $12K | — | 10x | as long as short |
| QFEX ALAB-USDshort | +0.0044% | 1h | 344.22 | −0.093% | $1.1M | $4.2M | 10x | |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 343.86 | −0.197% | — | — | 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 | 344.54 | long leg | $344K | $32K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 344.37 | −0.049% | $981 | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 344.37 | −0.049% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
HTX ALAB-USDT
BloFin ALAB-USDT