Funding you earn now, next payment 08:00 UTC−0.0370%/8h= −40.5% APRnext payment −$3.70 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BloFin+0.292%45s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as 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−$1421.416% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 4 days (all we have)−0.285%−$29 · spread now +0.292%, 7d avg −0.006%
=The price spread pays, funding is against you. Bitget is 0.298% dearer against BloFin than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of −0.006%): +$30 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.190% in total) that is about 11 days. The two prices were read 45 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 −$3.70 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 | BloFin ALAB-USDT | 335.75 | 0.0120 | pay 0.0120% / 8h | 3h 06m | $71K | $103K | 20x |
| Short | Bitget ALABUSDT | 336.73 | −0.0250 | pay 0.0250% / 8h | 3h 06m | $204K | $159K | 20x |
BloFin ALAB-USDT
Bitget ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$77.7
- Price spread: +0.292% → −0.006%
- $29.76
- Slippage, 4 orders
- −$117.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$189.54
- Costs to cover
- 1.416%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; Bitget: live order book, 38 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 BloFin live order book, 12 min ago | 3.40 bp | 22.6 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 38 min ago | 14.64 bp | 43.3 bp −$43 | 56.4 bp −$564 | 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 ALABUSDTshort | −0.0250% | 8h | 336.73 | +0.292% | $204K | $159K | 20x | |
| Binance ALABUSDT | 0.0000% | 8h | 336.71 | +0.285% | $1.2M | $4.9M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 336.80 | +0.313% | $453K | $439K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.44 | +0.206% | $582K | $469K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.20 | +0.134% | $464K | $335K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 335.62 | −0.038% | $78K | $90K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 335.33 | −0.125% | $1.6M | $236K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 337.64 | +0.563% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.25 | +0.149% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0065% | 1h | 336.51 | +0.226% | $1.1M | $4.1M | 10x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
Vest ALAB-USD-PERP
QFEX ALAB-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 336.29 | +0.161% | $335K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 335.80 | +0.015% | $799 | $377K | 10x | as long as short |
| BloFin ALAB-USDTlong | +0.0120% | 8h | 335.75 | long leg | $71K | $103K | 20x |
KuCoin ALABUSDTM
HTX ALAB-USDT