Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against KuCoin+0.103%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$564as in the Funding arb table
Net, price: spread back to 7d avg − costs−$551as in the Price arb table
costs, in and out, $10k−$5585.580% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.103%, 7d avg +0.031%
=The price spread pays, funding is against you. Binance is 0.072% dearer against KuCoin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.031%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.060% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 337.19 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $336K | $33K | 20x |
| Short | Binance ALABUSDT | 337.54 | 0 | get 0.0000% / 8h | 2h 10m | $1.3M | $5.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$21
- Price spread: +0.103% → +0.031%
- $7.24
- Slippage, 4 orders
- −$536.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$571.78
- Costs to cover
- 5.580%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 47 min ago; Binance: live order book, 12 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 KuCoin live order book, 47 min ago | 14.56 bp | 164.2 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.14 bp | 21.1 bp −$21 | 79.7 bp −$797 | 202.6 bp −$20.3K | 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 ALABUSDT | −0.0743% | 8h | 337.27 | +0.024% | $206K | $157K | 20x | as long as short |
| Binance ALABUSDTshort | 0.0000% | 8h | 337.54 | +0.103% | $1.3M | $5.5M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 337.58 | +0.116% | $453K | $443K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 338.04 | +0.252% | $580K | $471K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 337.50 | +0.092% | $462K | $344K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 337.30 | +0.033% | $62K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 337.53 | +0.101% | $1.6M | $254K | 10x | as long as short |
| QFEX ALAB-USD | +0.0025% | 1h | 337.43 | +0.071% | $1.2M | $3.6M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 336.72 | −0.139% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.77 | −0.125% | — | — | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMlong | +0.0100% | 8h | 337.19 | long leg | $336K | $33K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 337.42 | +0.068% | $1K | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 337.09 | −0.030% | $71K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
Binance ALABUSDT
Bitget ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
HTX ALAB-USDT
BloFin ALAB-USDT