Funding arb · Price arb /

ALAB

RWAall ALAB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.008%

Price spread now: Binance against QFEX+0.049%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−$63as in the Price arb table

costs, in and out, $10k−$670.668% of the position

Long on QFEX Short on Binance

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 2 days (all we have)−0.006%−$1 · spread now +0.049%, 7d avg +0.008%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.042% dearer against QFEX than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.008%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ALAB-USD	344.15	0.0054	pay 0.0007% / 1h	46m 17s	$1.1M	$4.9M	10x
Short	Binance ALABUSDT	344.32	0	get 0.0000% / 8h	6h 46m	$1.4M	$4.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against QFEX. 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 QFEXbpFee BinancebpOrdersPrice spread, now +0.049%Rate

Funding earned: −$11.41
Price spread: +0.049% → +0.008%: $4.17
Slippage, 4 orders: −$46.76
Fee QFEX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$74
Costs to cover: 0.668%
Break-even: never at this rate

Slippage from QFEX: live order book, 12 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 QFEX live order book, 12 min ago	1.16 bp	11.2 bp −$11	19.6 bp −$196	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	344.32	+0.049%	$1.4M	$4.3M	20x
Bybit ALABUSDT	0.0000%	8h	344.27	+0.035%	$481K	$422K	25x	as long as short
OKX ALAB-USDT-SWAP	0.0000%	8h	343.98	−0.049%	$594K	$467K	10x	as long as short
Gate ALAB_USDT	0.0000%	8h	343.70	−0.131%	$505K	$299K	20x	as long as short
Bitget ALABUSDT	0.0000%	8h	344.17	+0.006%	$213K	$154K	20x	as long as short
Variational Omni ALAB	0.0000%	8h	344.13	−0.007%	$93K	$76K	—	as long as short
Phemex ALABUSDT	0.0000%	8h	344.36	+0.061%	$1.7M	$217K	10x	as long as short
Extended ALAB_24_5-USD	+0.0040%	1h	343.69	−0.135%	$12K	—	10x	as long as short
Vest ALAB-USD-PERP	+0.0046%	1h	344.19	+0.012%	—	—	5x	as long as short
QFEX ALAB-USDlong	+0.0054%	1h	344.15	long leg	$1.1M	$4.9M	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ALABUSDTM	+0.0100%	8h	344.22	+0.020%	$342K	$32K	20x	as long as short
HTX ALAB-USDT	+0.0100%	8h	343.19	−0.279%	$851	$376K	10x	as long as short
BloFin ALAB-USDT	+0.0120%	8h	345.14	+0.288%	$72K	$106K	20x	as long as short