Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance−0.110%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,550as in the Price arb table
costs, in and out, $10k−$1,54215.420% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.277%−$28 · spread now −0.110%, 7d avg −0.030%
=Funding pays, the price is against you. KuCoin is 0.080% cheaper against Binance than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of −0.030%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.060% in total) that is about 9.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALABUSDT | 337.08 | 0 | get 0.0000% / 8h | 4m 09s | $1.3M | $5.6M | 20x |
| Short | KuCoin ALABUSDTM | 336.71 | 0.0100 | get 0.0100% / 8h | 4m 09s | $335K | $63K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: −0.110% → −0.030%
- −$7.99
- Slippage, 4 orders
- −$1,520.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,529.01
- Costs to cover
- 15.420%
- Break-even
- 516.7 days
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 28 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 Binance live order book, 4 min ago | 2.38 bp | 17.6 bp −$18 | 57.3 bp −$573 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 12.21 bp | 1258.4 bp −$1,258 | 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 | −0.0493% | 8h | 337.12 | +0.011% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDTlong | 0.0000% | 8h | 337.08 | long leg | $1.3M | $5.6M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 336.94 | −0.042% | $453K | $203K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.68 | −0.119% | $580K | $459K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.70 | −0.113% | $476K | $351K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.87 | −0.062% | $61K | $105K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 336.98 | −0.030% | $1.6M | $263K | 10x | as long as short |
| QFEX ALAB-USD | +0.0027% | 1h | 337.08 | −0.001% | $1.1M | $3.4M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 336.03 | −0.312% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 337.00 | −0.024% | — | — | 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 | 336.71 | −0.110% | $335K | $63K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 337.11 | +0.008% | $1K | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 337.17 | +0.026% | $72K | $106K | 20x | as long as short |
Binance ALABUSDT
KuCoin ALABUSDTM
Bitget ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
HTX ALAB-USDT
BloFin ALAB-USDT