Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Phemex+0.027%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2212.205% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.027%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.032% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 338.15 | 0 | get 0.0000% / 8h | 3h 15m | $1.6M | $234K | 10x |
| Short | Bybit ALABUSDT | 338.24 | 0 | get 0.0000% / 8h | 3h 15m | $454K | $437K | 25x |
Phemex ALABUSDT
Bybit ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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
- $0
- Price spread: +0.027% → −0.005%
- $3.19
- Slippage, 4 orders
- −$197.55
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$217.36
- Costs to cover
- 2.205%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Bybit: live order book, 30 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 Phemex live order book, 3 min ago | 6.51 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 30 min ago | 5.27 bp | 34.5 bp −$35 | 189.7 bp −$1,897 | 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 | 338.23 | +0.024% | $1.2M | $4.8M | 20x | as long as short |
| Bybit ALABUSDTshort | 0.0000% | 8h | 338.24 | +0.027% | $454K | $437K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 337.78 | −0.109% | $583K | $466K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 337.90 | −0.074% | $466K | $333K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 338.27 | +0.035% | $207K | $157K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 338.72 | +0.169% | $78K | $90K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 338.15 | long leg | $1.6M | $234K | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 337.49 | −0.195% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 337.72 | −0.127% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0065% | 1h | 338.48 | +0.098% | $1.1M | $4.1M | 10x | as long as short |
Binance ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
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 | 338.12 | −0.009% | $336K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 338.03 | −0.035% | $936 | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 338.72 | +0.169% | $72K | $104K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT