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: HTX against Phemex+0.231%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$373as in the Price arb table
costs, in and out, $10k−$3943.939% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)−0.159%−$16 · spread now +0.231%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.208% dearer against Phemex than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 346.02 | 0 | get 0.0000% / 8h | 7h 00m | $1.7M | $212K | 10x |
| Short | HTX ALAB-USDT | 346.82 | 0.0100 | get 0.0100% / 8h | 7h 00m | $1K | $376K | 10x |
Phemex ALABUSDT
HTX ALAB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.231% → +0.023%
- $20.8
- Slippage, 4 orders
- −$369.93
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$352.13
- Costs to cover
- 3.939%
- Break-even
- 124.4 days
Slippage from Phemex: live order book, 3 min ago; HTX: live order book, 8 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 | 16.34 bp | 61.7 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 8 min ago | 56.18 bp | 167.4 bp −$167 | 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 | 346.05 | +0.009% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 346.16 | +0.040% | $484K | $412K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 345.96 | −0.017% | $602K | $468K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 346.10 | +0.023% | $510K | $305K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 345.98 | −0.012% | $215K | $153K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 345.74 | −0.080% | $94K | $82K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 346.02 | long leg | $1.7M | $212K | 10x | |
| QFEX ALAB-USD | +0.0037% | 1h | 345.88 | −0.040% | $1.1M | $5.0M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 345.49 | −0.153% | $12K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 345.63 | −0.113% | — | — | 5x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
QFEX ALAB-USD
Extended ALAB_24_5-USD
Vest ALAB-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 345.99 | −0.009% | $344K | $31K | 20x | as long as short |
| HTX ALAB-USDTshort | +0.0100% | 8h | 346.82 | +0.231% | $1K | $376K | 10x | |
| BloFin ALAB-USDT | +0.0120% | 8h | 345.77 | −0.072% | $72K | $106K | 20x | as long as short |
KuCoin ALABUSDTM
BloFin ALAB-USDT