Funding you earn now, next payment 08:00 UTC+0.0813%/8h= +89.0% APRnext payment +$8.13 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bitget+0.108%85s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1331.328% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.108%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BloFin is 0.101% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALABUSDT | 334.08 | −0.0693 | get 0.0693% / 8h | 2h 25m | $204K | $156K | 20x |
| Short | BloFin ALAB-USDT | 334.44 | 0.0120 | get 0.0120% / 8h | 2h 25m | $71K | $104K | 20x |
Bitget ALABUSDT
BloFin ALAB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $170.73
- Price spread: +0.108% → +0.007%
- $10.07
- Slippage, 4 orders
- −$108.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $48.01
- Costs to cover
- 1.328%
- Break-even
- 5.0 days
Slippage from Bitget: live order book, 14 min ago; BloFin: live order book, 52 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 Bitget live order book, 14 min ago | 13.74 bp | 39.5 bp −$39 | 95.8 bp −$958 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 3.40 bp | 21.6 bp −$22 | 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 ALABUSDTlong | −0.0693% | 8h | 334.08 | long leg | $204K | $156K | 20x | |
| Binance ALABUSDT | 0.0000% | 8h | 334.37 | +0.086% | $1.2M | $5.4M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 334.21 | +0.039% | $449K | $441K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 334.14 | +0.018% | $577K | $464K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 333.90 | −0.054% | $458K | $339K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 334.27 | +0.057% | $61K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 334.20 | +0.036% | $1.6M | $249K | 10x | as long as short |
| QFEX ALAB-USD | +0.0025% | 1h | 333.78 | −0.090% | $1.1M | $3.8M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 334.45 | +0.112% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 333.82 | −0.078% | — | — | 5x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
QFEX ALAB-USD
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 | 334.24 | +0.048% | $332K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 333.94 | −0.042% | $1K | $378K | 10x | as long as short |
| BloFin ALAB-USDTshort | +0.0120% | 8h | 334.44 | +0.108% | $71K | $104K | 20x |
KuCoin ALABUSDTM
HTX ALAB-USDT