Funding arb · Price arb /

ALAB

RWAall ALAB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.022%

Price spread now: QFEX against KuCoin+0.203%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$341as in the Price arb table

costs, in and out, $10k−$3623.616% of the position

Long on KuCoin Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.097%−$10 on $10k

Price spread, last 4 days (all we have)−0.222%−$22 · spread now +0.203%, 7d avg −0.001%

Together, before fees−0.319%−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.204% dearer against KuCoin than usual: you sell high and buy low (spread +0.203% now, against its 7-day average of −0.001%): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ALABUSDTM	344.96	0.0100	pay 0.0100% / 8h	6h 59m	$343K	$31K	20x
Short	QFEX ALAB-USD	345.66	0.0037	get 0.0005% / 1h	59m 01s	$1.1M	$5.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against KuCoin. 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 KuCoinbpFee QFEXbpOrdersPrice spread, now +0.203%Rate

Funding earned: −$13.27
Price spread: +0.203% → −0.001%: $20.37
Slippage, 4 orders: −$339.56
Fee KuCoin: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$354.46
Costs to cover: 3.616%
Break-even: never at this rate

Slippage from KuCoin: live order book, 52 min ago; QFEX: live order book, 9 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, 52 min ago	16.65 bp	194.1 bp −$194	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 9 min ago	2.17 bp	10.3 bp −$10	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
Binance ALABUSDT	0.0000%	8h	344.96	−0.001%	$1.3M	$4.3M	20x	as long as short
Bybit ALABUSDT	0.0000%	8h	345.42	+0.133%	$483K	$412K	25x	as long as short
OKX ALAB-USDT-SWAP	0.0000%	8h	345.56	+0.174%	$601K	$467K	10x	as long as short
Gate ALAB_USDT	0.0000%	8h	345.80	+0.244%	$510K	$295K	20x	as long as short
Bitget ALABUSDT	0.0000%	8h	345.38	+0.122%	$214K	$153K	20x	as long as short
Variational Omni ALAB	0.0000%	8h	345.74	+0.227%	$94K	$82K	—	as long as short
Phemex ALABUSDT	0.0000%	8h	345.86	+0.261%	$1.7M	$213K	10x	as long as short
QFEX ALAB-USDshort	+0.0037%	1h	345.66	+0.203%	$1.1M	$5.0M	10x
Extended ALAB_24_5-USD	+0.0040%	1h	343.65	−0.380%	$12K	—	10x	as long as short
Vest ALAB-USD-PERP	+0.0046%	1h	345.58	+0.180%	—	—	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	344.96	long leg	$343K	$31K	20x
HTX ALAB-USDT	+0.0100%	8h	346.39	+0.415%	$1K	$376K	10x	as long as short
BloFin ALAB-USDT	+0.0120%	8h	345.69	+0.212%	$72K	$106K	20x	as long as short