Funding arb · Price arb /

ALAB

RWAall ALAB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.007%

Price spread now: QFEX against Phemex+0.035%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1271.267% of the position

Long on Phemex Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.012%+$1 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.035%, 7d avg −0.008%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.043% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ALABUSDT	341.33	0	get 0.0000% / 8h	1h 05m	$1.7M	$203K	10x
Short	QFEX ALAB-USD	341.45	0.0031	get 0.0004% / 1h	5m 35s	$1.1M	$5.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $6.43
Price spread: +0.035% → −0.008%: $4.27
Slippage, 4 orders: −$104.7
Fee Phemex: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$116
Costs to cover: 1.267%
Break-even: 133.2 days

Slippage from Phemex: live order book, 3 min ago; QFEX: 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 Phemex live order book, 3 min ago	6.59 bp	54.3 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	2.05 bp	8.4 bp −$8	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	341.49	+0.047%	$72K	$36K	20x	as long as short
Binance ALABUSDT	0.0000%	8h	341.37	+0.012%	$1.1M	$3.9M	20x	as long as short
Bybit ALABUSDT	0.0000%	8h	341.38	+0.015%	$477K	$421K	25x	as long as short
OKX ALAB-USDT-SWAP	0.0000%	8h	340.80	−0.155%	$599K	$449K	10x	as long as short
Gate ALAB_USDT	0.0000%	8h	341.30	−0.009%	$485K	$285K	20x	as long as short
Bitget ALABUSDT	0.0000%	8h	341.15	−0.053%	$210K	$153K	20x	as long as short
Variational Omni ALAB	0.0000%	8h	341.36	+0.010%	$81K	$66K	—	as long as short
Phemex ALABUSDTlong	0.0000%	8h	341.33	long leg	$1.7M	$203K	10x
QFEX ALAB-USDshort	+0.0031%	1h	341.45	+0.035%	$1.1M	$5.0M	10x
Extended ALAB_24_5-USD	+0.0040%	1h	341.24	−0.026%	$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	341.32	−0.003%	—	—	5x	as long as short
KuCoin ALABUSDTM	+0.0100%	8h	341.19	−0.041%	$344K	$31K	20x	as long as short
HTX ALAB-USDT	+0.0100%	8h	341.48	+0.044%	$2K	$374K	10x	as long as short