Funding you earn now, next payment 16:00 UTC+0.0446%/8h= +48.8% APRnext payment +$4.46 per $10,000 · paid last 24h +0.048%
Price spread now: Gate against Bitget+0.195%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$465as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4664.655% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.195%, 7d avg −0.043%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Gate is 0.237% dearer against Bitget than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.043%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.46 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 | 333.55 | −0.0446 | get 0.0446% / 8h | 7h 41m | $214K | $160K | 20x |
| Short | Gate ALAB_USDT | 334.20 | 0 | get 0.0000% / 8h | 7h 41m | $473K | $332K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $93.66
- Price spread: +0.195% → −0.043%
- $23.75
- Slippage, 4 orders
- −$438.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$348.09
- Costs to cover
- 4.655%
- Break-even
- 33.0 days
Slippage from Bitget: live order book, 48 min ago; Gate: live order book, 54 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, 48 min ago | 11.75 bp | 34.2 bp −$34 | 50.0 bp −$500 | doesn't fit | doesn't fit |
| Sell Gate live order book, 54 min ago | 4.46 bp | 230.1 bp −$230 | 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 | −0.0446% | 8h | 333.55 | long leg | $214K | $160K | 20x | |
| Binance ALABUSDT | 0.0000% | 8h | 333.55 | 0.000% | $1.2M | $5.6M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 334.04 | +0.147% | $449K | $203K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 334.80 | +0.375% | $576K | $453K | 10x | as long as short |
| Gate ALAB_USDTshort | 0.0000% | 8h | 334.20 | +0.195% | $473K | $332K | 20x | |
| Variational Omni ALAB | 0.0000% | 8h | 333.83 | +0.084% | $61K | $87K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 333.92 | +0.111% | $1.6M | $262K | 10x | as long as short |
| QFEX ALAB-USD | +0.0024% | 1h | 333.87 | +0.096% | $1.1M | $3.4M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 334.63 | +0.324% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 334.06 | +0.153% | — | — | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 333.80 | +0.075% | $331K | $86K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 334.10 | +0.165% | $1K | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 334.58 | +0.309% | $72K | $105K | 20x | as long as short |
Bitget ALABUSDT
Gate ALAB_USDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT