Funding you earn now, next payment 06:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.009%
Price spread now: Gate against QFEX−0.144%7-day average −0.032% · 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−$404as in the Price arb table
costs, in and out, $10k−$3933.927% of the position
Funding, last 4 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.144%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.112% cheaper against QFEX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ALAB-USD | 334.28 | 0.0025 | pay 0.0003% / 1h | 24m 10s | $1.1M | $3.8M | 10x |
| Short | Gate ALAB_USDT | 333.80 | 0 | get 0.0000% / 8h | 2h 24m | $458K | $340K | 20x |
QFEX ALAB-USD
Gate ALAB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- −$5.16
- Price spread: −0.144% → −0.032%
- −$11.16
- Slippage, 4 orders
- −$367.75
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$409.07
- Costs to cover
- 3.927%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Gate: live order book, 22 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, 4 min ago | 2.09 bp | 10.5 bp −$10 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 7.41 bp | 174.6 bp −$175 | 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 | −0.0725% | 8h | 334.48 | +0.060% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 334.59 | +0.093% | $1.2M | $5.4M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 334.46 | +0.054% | $450K | $442K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 334.15 | −0.039% | $576K | $465K | 10x | as long as short |
| Gate ALAB_USDTshort | 0.0000% | 8h | 333.80 | −0.144% | $458K | $340K | 20x | |
| Variational Omni ALAB | 0.0000% | 8h | 334.27 | −0.003% | $61K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 334.49 | +0.063% | $1.6M | $249K | 10x | as long as short |
| QFEX ALAB-USDlong | +0.0025% | 1h | 334.28 | long leg | $1.1M | $3.8M | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 333.97 | −0.093% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 334.01 | −0.081% | — | — | 5x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Variational Omni ALAB
Phemex ALABUSDT
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 | 334.26 | −0.006% | $333K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 334.93 | +0.194% | $1K | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 334.73 | +0.135% | $71K | $104K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT