Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against OKX+0.069%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2012.014% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.069%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.072% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ALAB-USDT-SWAP | 345.88 | 0 | get 0.0000% / 8h | 7h 05m | $602K | $468K | 10x |
| Short | Phemex ALABUSDT | 346.12 | 0 | get 0.0000% / 8h | 7h 05m | $1.7M | $211K | 10x |
OKX ALAB-USDT-SWAP
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against OKX. 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
- $0
- Price spread: +0.069% → −0.003%
- $7.24
- Slippage, 4 orders
- −$179.37
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$194.13
- Costs to cover
- 2.014%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Phemex: 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 OKX live order book, 1 min ago | 8.23 bp | 57.0 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 5.49 bp | 55.7 bp −$56 | 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 | 346.31 | +0.124% | $1.3M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 346.07 | +0.055% | $484K | $412K | 25x | as long as short |
| OKX ALAB-USDT-SWAPlong | 0.0000% | 8h | 345.88 | long leg | $602K | $468K | 10x | |
| Gate ALAB_USDT | 0.0000% | 8h | 345.80 | −0.023% | $510K | $304K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 345.82 | −0.017% | $214K | $153K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 346.26 | +0.110% | $80K | $68K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 346.12 | +0.069% | $1.7M | $211K | 10x | |
| QFEX ALAB-USD | +0.0037% | 1h | 346.26 | +0.110% | $1.1M | $5.0M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 346.12 | +0.068% | $12K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 345.79 | −0.026% | — | — | 5x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
QFEX ALAB-USD
Extended ALAB_24_5-USD
Vest ALAB-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 345.86 | −0.006% | $344K | $31K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 346.69 | +0.234% | $1K | $376K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 346.38 | +0.145% | $28K | $106K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT