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: Binance against Phemex−0.012%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1531.527% of the position
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 2 days (all we have)+0.032%+$3 · spread now −0.012%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% cheaper against Phemex than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 344.30 | 0 | get 0.0000% / 8h | 6h 45m | $1.7M | $217K | 10x |
| Short | Binance ALABUSDT | 344.26 | 0 | get 0.0000% / 8h | 6h 45m | $1.4M | $4.3M | 20x |
Phemex ALABUSDT
Binance ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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: −0.012% → +0.025%
- −$3.64
- Slippage, 4 orders
- −$130.74
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$156.39
- Costs to cover
- 1.527%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Binance: live order book, 6 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 Phemex live order book, 2 min ago | 5.66 bp | 69.1 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 4.49 bp | 22.4 bp −$22 | 67.7 bp −$677 | 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 ALABUSDTshort | 0.0000% | 8h | 344.26 | −0.012% | $1.4M | $4.3M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 344.27 | −0.009% | $481K | $422K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 343.98 | −0.093% | $594K | $467K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 343.80 | −0.145% | $505K | $300K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.27 | −0.009% | $213K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 344.13 | −0.050% | $93K | $76K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 344.30 | long leg | $1.7M | $217K | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 343.88 | −0.123% | $12K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.19 | −0.032% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0054% | 1h | 344.15 | −0.044% | $1.1M | $4.9M | 10x | as long as short |
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
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 ALABUSDTM | +0.0100% | 8h | 344.23 | −0.020% | $342K | $32K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 344.35 | +0.015% | $854 | $376K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 345.14 | +0.244% | $72K | $106K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT