Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.010%
Price spread now: Phemex against QFEX−0.006%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1131.127% of the position
Funding, last 4 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.006%, 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: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ALAB-USD | 336.90 | 0.0027 | pay 0.0003% / 1h | 12m 25s | $1.1M | $3.4M | 10x |
| Short | Phemex ALABUSDT | 336.88 | 0 | get 0.0000% / 8h | 12m 25s | $1.6M | $263K | 10x |
QFEX ALAB-USD
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$5.68
- Price spread: −0.006% → +0.010%
- −$1.63
- Slippage, 4 orders
- −$90.72
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$120.03
- Costs to cover
- 1.127%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Phemex: live order book, 1 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 | 1.63 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 7.27 bp | 45.5 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALABUSDT | −0.0528% | 8h | 336.79 | −0.033% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 336.70 | −0.059% | $1.3M | $5.6M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 336.66 | −0.071% | $452K | $202K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.31 | −0.175% | $580K | $458K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.50 | −0.119% | $476K | $351K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.69 | −0.061% | $61K | $105K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 336.88 | −0.006% | $1.6M | $263K | 10x | |
| QFEX ALAB-USDlong | +0.0027% | 1h | 336.90 | long leg | $1.1M | $3.4M | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 337.43 | +0.156% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.84 | −0.018% | — | — | 5x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Extended ALAB_24_5-USD
Vest ALAB-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 336.54 | −0.107% | $335K | $52K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 337.08 | +0.053% | $964 | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 336.94 | +0.012% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT