ALAB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0738%/8h= +80.8% APRnext payment +$7.38 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Bitget−0.075%46s7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$179as 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−$1741.741% of the position

Long on Bitget Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.075%, 7d avg 0.000%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phemex is 0.075% cheaper against Bitget than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of 0.000%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$22 a day). The two prices were read 46 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 -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.38 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	335.40	−0.0738	get 0.0738% / 8h	1h 26m	$205K	$153K	20x
Short	Phemex ALABUSDT	335.15	0	get 0.0000% / 8h	1h 26m	$1.6M	$258K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee PhemexbpOrdersPrice spread, now −0.075%Rate

Funding earned: $154.98
Price spread: −0.075% → 0.000%: −$7.47
Slippage, 4 orders: −$150.12
Fee Bitget: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$26.61
Costs to cover: 1.741%
Break-even: 8.2 days

Slippage from Bitget: live order book, 8 min ago; Phemex: live order book, 2 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, 8 min ago	13.89 bp	32.0 bp −$32	42.0 bp −$420	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	6.41 bp	47.0 bp −$47	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	−0.0738%	8h	335.40	long leg	$205K	$153K	20x
Binance ALABUSDT	0.0000%	8h	335.47	+0.022%	$1.3M	$5.5M	20x	as long as short
Bybit ALABUSDT	0.0000%	8h	335.38	−0.006%	$451K	$399K	25x	as long as short
OKX ALAB-USDT-SWAP	0.0000%	8h	334.72	−0.203%	$577K	$457K	10x	as long as short
Gate ALAB_USDT	0.0000%	8h	334.90	−0.149%	$474K	$350K	20x	as long as short
Variational Omni ALAB	0.0000%	8h	334.86	−0.161%	$61K	$106K	—	as long as short
Phemex ALABUSDTshort	0.0000%	8h	335.15	−0.075%	$1.6M	$258K	10x
Extended ALAB_24_5-USD	+0.0040%	1h	335.50	+0.028%	$11K	—	10x	as long as short
Vest ALAB-USD-PERP	+0.0046%	1h	334.96	−0.131%	—	—	5x	as long as short
QFEX ALAB-USD	+0.0080%	1h	335.18	−0.066%	$1.1M	$3.4M	10x	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	335.40	0.000%	$334K	$34K	20x	as long as short
HTX ALAB-USDT	+0.0100%	8h	335.32	−0.024%	$1K	$379K	10x	as long as short
BloFin ALAB-USDT	+0.0120%	8h	335.35	−0.015%	$71K	$104K	20x	as long as short