Funding you earn now, next payment 03:00 UTC+0.0059%/8h= +6.4% APRpaid last 24h +0.022%
Price spread now: KuCoin against QFEX+0.052%7-day average +0.002% · 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−$806as in the Price arb table
costs, in and out, $10k−$8118.113% of the position
Funding, last 4 days (all we have)+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.052%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.051% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ALAB-USD | 343.95 | 0.0041 | pay 0.0005% / 1h | 27m 43s | $1.1M | $4.4M | 10x |
| Short | KuCoin ALABUSDTM | 344.13 | 0.0100 | get 0.0100% / 8h | 5h 27m | $343K | $32K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against QFEX. 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
- $12.36
- Price spread: +0.052% → +0.002%
- $5.06
- Slippage, 4 orders
- −$789.34
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$793.92
- Costs to cover
- 8.113%
- Break-even
- 456.5 days
Slippage from QFEX: live order book, 6 min ago; KuCoin: live order book, 69 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, 6 min ago | 1.89 bp | 10.5 bp −$10 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 69 min ago | 11.51 bp | 489.4 bp −$489 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ALABUSDT | 0.0000% | 8h | 344.12 | +0.049% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.30 | +0.102% | $474K | $430K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.33 | +0.110% | $596K | $471K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.20 | +0.073% | $506K | $303K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.11 | +0.047% | $213K | $153K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 344.52 | +0.166% | $94K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 344.39 | +0.128% | $1.7M | $215K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 343.74 | −0.061% | $12K | — | 10x | as long as short |
| QFEX ALAB-USDlong | +0.0041% | 1h | 343.95 | long leg | $1.1M | $4.4M | 10x | |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.00 | +0.015% | — | — | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMshort | +0.0100% | 8h | 344.13 | +0.052% | $343K | $32K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 344.21 | +0.076% | $1K | $376K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 344.46 | +0.148% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
HTX ALAB-USDT
BloFin ALAB-USDT