Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.010%
Price spread now: QFEX against Phemex−0.045%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.086% of the position
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.045%, 7d avg −0.010%
=Funding pays, the price is against you. QFEX is 0.034% cheaper against Phemex than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.010%). If the spread goes back, that is −$3 on $10k: about 4.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 336.52 | 0 | get 0.0000% / 8h | 31m 57s | $1.6M | $262K | 10x |
| Short | QFEX ALAB-USD | 336.37 | 0.0027 | get 0.0003% / 1h | 31m 57s | $1.1M | $3.4M | 10x |
Phemex ALABUSDT
QFEX ALAB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $5.68
- Price spread: −0.045% → −0.010%
- −$3.42
- Slippage, 4 orders
- −$86.61
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$106.35
- Costs to cover
- 1.086%
- Break-even
- 138.1 days
Slippage from Phemex: live order book, 1 min ago; QFEX: live order book, 6 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, 1 min ago | 2.08 bp | 48.9 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.34 bp | 9.1 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALABUSDT | −0.0588% | 8h | 336.09 | −0.128% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 336.69 | +0.050% | $1.3M | $5.6M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 336.54 | +0.006% | $452K | $236K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.52 | 0.000% | $580K | $458K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.60 | +0.024% | $476K | $349K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.25 | −0.079% | $61K | $105K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 336.52 | long leg | $1.6M | $262K | 10x | |
| QFEX ALAB-USDshort | +0.0027% | 1h | 336.37 | −0.045% | $1.1M | $3.4M | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 336.39 | −0.037% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.33 | −0.056% | — | — | 5x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
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 | 336.57 | +0.015% | $335K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 337.49 | +0.288% | $881 | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 336.45 | −0.021% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT