Funding arb · Price arb /

ALAB

RWAall ALAB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.009%

Price spread now: Bitget against QFEX+0.047%7-day average +0.012% · 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−$116as in the Price arb table

costs, in and out, $10k−$1191.193% of the position

Long on QFEX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.015%−$2 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.047%, 7d avg +0.012%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.036% dearer against QFEX than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.012%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours. At the pace of the last 4 days (−0.015% in total) that is about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ALAB-USD	337.94	0.0065	pay 0.0008% / 1h	17m 39s	$1.1M	$4.1M	10x
Short	Bitget ALABUSDT	338.10	0	get 0.0000% / 8h	3h 17m	$207K	$157K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. 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 QFEXbpFee BitgetbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$13.68
Price spread: +0.047% → +0.012%: $3.57
Slippage, 4 orders: −$97.25
Fee QFEX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$129.36
Costs to cover: 1.193%
Break-even: never at this rate

Slippage from QFEX: live order book, 6 min ago; Bitget: live order book, 27 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 QFEX live order book, 6 min ago	1.48 bp	10.1 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 27 min ago	14.64 bp	43.3 bp −$43	56.4 bp −$564	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	338.37	+0.126%	$1.2M	$4.8M	20x	as long as short
Bybit ALABUSDT	0.0000%	8h	338.20	+0.077%	$454K	$437K	25x	as long as short
OKX ALAB-USDT-SWAP	0.0000%	8h	338.34	+0.118%	$584K	$467K	10x	as long as short
Gate ALAB_USDT	0.0000%	8h	338.00	+0.018%	$466K	$332K	20x	as long as short
Bitget ALABUSDTshort	0.0000%	8h	338.10	+0.047%	$207K	$157K	20x
Variational Omni ALAB	0.0000%	8h	338.92	+0.289%	$78K	$90K	—	as long as short
Phemex ALABUSDT	0.0000%	8h	337.89	−0.015%	$1.6M	$234K	10x	as long as short
Extended ALAB_24_5-USD	+0.0040%	1h	337.15	−0.232%	$11K	—	10x	as long as short
Vest ALAB-USD-PERP	+0.0046%	1h	336.78	−0.343%	—	—	5x	as long as short
QFEX ALAB-USDlong	+0.0065%	1h	337.94	long leg	$1.1M	$4.1M	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ALABUSDTM	+0.0100%	8h	338.08	+0.041%	$336K	$33K	20x	as long as short
HTX ALAB-USDT	+0.0100%	8h	337.85	−0.027%	$1K	$378K	10x	as long as short
BloFin ALAB-USDT	+0.0120%	8h	338.11	+0.050%	$71K	$104K	20x	as long as short