Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Phemex−0.027%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$594as in the Funding arb table
Net, price: spread back to 7d avg − costs−$625as in the Price arb table
costs, in and out, $10k−$6246.236% of the position
Funding, last 7 days+0.296%+$30 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.027%, 7d avg −0.010%
=The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 338.69 | 0 | get 0.0000% / 8h | 5h 45m | $1.6M | $277K | 10x |
| Short | KuCoin ALABUSDTM | 338.60 | 0.0100 | get 0.0100% / 8h | 5h 45m | $337K | $213K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.027% → −0.010%
- −$1.69
- Slippage, 4 orders
- −$599.63
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$604.32
- Costs to cover
- 6.236%
- Break-even
- 208.4 days
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 58 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, 5 min ago | 4.42 bp | 39.1 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 0.15 bp | 350.6 bp −$351 | doesn't fit | doesn't fit | doesn't fit |
ALAB on 13 exchanges
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 | −0.0258% | 8h | 338.44 | −0.074% | $217K | $159K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 338.50 | −0.056% | $1.2M | $5.9M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 338.87 | +0.053% | $445K | $233K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 338.90 | +0.062% | $582K | $450K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 338.90 | +0.062% | $478K | $342K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 339.34 | +0.193% | $62K | $87K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 338.69 | long leg | $1.6M | $277K | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 339.25 | +0.165% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 338.58 | −0.032% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0047% | 1h | 338.50 | −0.056% | $1.1M | $3.4M | 10x | as long as short |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMshort | +0.0100% | 8h | 338.60 | −0.027% | $337K | $213K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 338.45 | −0.071% | $704 | $382K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 338.90 | +0.062% | $72K | $108K | 20x | as long as short |
Phemex ALABUSDT
KuCoin ALABUSDTM
Bitget ALABUSDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Extended ALAB_24_5-USD
HTX ALAB-USDT
BloFin ALAB-USDT