Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Phemex−0.339%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$400as in the Price arb table
costs, in and out, $10k−$3643.638% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)+0.405%+$41 · spread now −0.339%, 7d avg +0.025%
=Funding pays, the price is against you. HTX is 0.365% cheaper against Phemex than usual: you would sell low and buy high (spread −0.339% now, against its 7-day average of +0.025%). If the spread goes back, that is −$36 on $10k: about 12 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 341.76 | 0 | get 0.0000% / 8h | 14m 40s | $1.7M | $202K | 10x |
| Short | HTX ALAB-USDT | 340.60 | 0.0100 | get 0.0100% / 8h | 14m 40s | $804 | $375K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: −0.339% → +0.025%
- −$36.47
- Slippage, 4 orders
- −$339.81
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$379.28
- Costs to cover
- 3.638%
- Break-even
- 133.4 days
Slippage from Phemex: live order book, 3 min ago; HTX: live order book, 63 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, 3 min ago | 4.53 bp | 48.9 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 63 min ago | 62.55 bp | 150.1 bp −$150 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ALAB-USDT | −0.0028% | 8h | 341.80 | +0.012% | $71K | $62K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 341.93 | +0.050% | $1.1M | $3.9M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 342.13 | +0.108% | $479K | $416K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 341.91 | +0.044% | $600K | $452K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 341.70 | −0.018% | $486K | $284K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 341.91 | +0.044% | $210K | $152K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 341.90 | +0.041% | $81K | $66K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 341.76 | long leg | $1.7M | $202K | 10x | |
| QFEX ALAB-USD | +0.0022% | 1h | 341.86 | +0.029% | $1.1M | $5.1M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 341.80 | +0.010% | $11K | — | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ALAB-USD-PERP | +0.0046% | 1h | 341.79 | +0.009% | — | — | 5x | as long as short |
| KuCoin ALABUSDTM | +0.0100% | 8h | 341.94 | +0.053% | $341K | $31K | 20x | as long as short |
| HTX ALAB-USDTshort | +0.0100% | 8h | 340.60 | −0.339% | $804 | $375K | 10x |
Phemex ALABUSDT
HTX ALAB-USDT
BloFin ALAB-USDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Extended ALAB_24_5-USD
KuCoin ALABUSDTM