Funding arb · Price arb /

ALAB

RWAall ALAB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Phemex+0.080%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$226as in the Funding arb table

Net, price: spread back to 7d avg − costs−$217as in the Price arb table

costs, in and out, $10k−$2262.259% of the position

Long on Phemex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.080%, 7d avg −0.005%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.085% dearer against Phemex than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ALABUSDT	336.04	0	get 0.0000% / 8h	6h 59m	$1.6M	$275K	10x
Short	Bybit ALABUSDT	336.31	0	get 0.0000% / 8h	6h 59m	$444K	$213K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee BybitbpOrdersPrice spread, now +0.080%Rate

Funding earned: $0
Price spread: +0.080% → −0.005%: $8.49
Slippage, 4 orders: −$202.89
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$217.4
Costs to cover: 2.259%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; Bybit: live order book, 25 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, 4 min ago	4.16 bp	45.9 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 25 min ago	8.43 bp	43.1 bp −$43	214.9 bp −$2,149	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 ALABUSDT	−0.0527%	8h	336.26	+0.065%	$215K	$158K	20x	as long as short
Binance ALABUSDT	0.0000%	8h	336.36	+0.095%	$1.1M	$5.9M	20x	as long as short
Bybit ALABUSDTshort	0.0000%	8h	336.31	+0.080%	$444K	$213K	25x
OKX ALAB-USDT-SWAP	0.0000%	8h	336.49	+0.134%	$578K	$454K	10x	as long as short
Gate ALAB_USDT	0.0000%	8h	336.40	+0.107%	$474K	$339K	20x	as long as short
Variational Omni ALAB	0.0000%	8h	336.40	+0.108%	$61K	$87K	—	as long as short
Phemex ALABUSDTlong	0.0000%	8h	336.04	long leg	$1.6M	$275K	10x
QFEX ALAB-USD	+0.0024%	1h	336.26	+0.065%	$1.1M	$3.3M	10x	as long as short
Extended ALAB_24_5-USD	+0.0040%	1h	336.87	+0.246%	$11K	—	10x	as long as short
Vest ALAB-USD-PERP	+0.0046%	1h	335.90	−0.042%	—	—	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ALABUSDTM	+0.0100%	8h	336.10	+0.018%	$333K	$132K	20x	as long as short
HTX ALAB-USDT	+0.0100%	8h	336.31	+0.080%	$1K	$381K	10x	as long as short
BloFin ALAB-USDT	+0.0120%	8h	336.81	+0.229%	$71K	$107K	20x	as long as short