Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Binance+0.012%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1311.306% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 2 days (all we have)−0.039%−$4 · spread now +0.012%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.038% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALABUSDT | 345.61 | 0 | get 0.0000% / 8h | 7h 22m | $1.3M | $4.2M | 20x |
| Short | Phemex ALABUSDT | 345.65 | 0 | get 0.0000% / 8h | 7h 22m | $1.7M | $210K | 10x |
Binance ALABUSDT
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.012% → −0.026%
- $3.76
- Slippage, 4 orders
- −$108.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$126.8
- Costs to cover
- 1.306%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.87 bp | 21.5 bp −$21 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 6.66 bp | 44.3 bp −$44 | 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 ALABUSDTlong | 0.0000% | 8h | 345.61 | long leg | $1.3M | $4.2M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 345.50 | −0.032% | $483K | $414K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 346.03 | +0.122% | $602K | $471K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 345.50 | −0.032% | $509K | $303K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 345.48 | −0.037% | $214K | $153K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 346.61 | +0.290% | $80K | $68K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 345.65 | +0.012% | $1.7M | $210K | 10x | |
| BloFin ALAB-USDT | +0.0029% | 8h | 345.40 | −0.061% | $28K | $71K | 20x | as long as short |
| QFEX ALAB-USD | +0.0037% | 1h | 345.43 | −0.052% | $1.1M | $5.1M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 345.17 | −0.127% | $12K | — | 10x | as long as short |
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
BloFin ALAB-USDT
QFEX ALAB-USD
Extended ALAB_24_5-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ALAB-USD-PERP | +0.0046% | 1h | 345.06 | −0.159% | — | — | 5x | as long as short |
| KuCoin ALABUSDTM | +0.0100% | 8h | 345.24 | −0.107% | $343K | $31K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 344.99 | −0.179% | $1K | $375K | 10x | as long as short |
Vest ALAB-USD-PERP
KuCoin ALABUSDTM
HTX ALAB-USDT