Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance−0.032%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.032%, 7d avg +0.011%
=Funding pays, the price is against you. BloFin is 0.043% cheaper against Binance than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.011%). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.001% in total) that is about 11 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALABUSDT | 341.85 | 0 | get 0.0000% / 8h | 3h 43m | $1.4M | $4.4M | 20x |
| Short | BloFin ALAB-USDT | 341.74 | 0.0120 | get 0.0120% / 8h | 3h 43m | $72K | $105K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: −0.032% → +0.011%
- −$4.35
- Slippage, 4 orders
- −$47.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$48.18
- Costs to cover
- 0.690%
- Break-even
- 20.4 days
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 45 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 Binance live order book, 9 min ago | 2.34 bp | 25.4 bp −$25 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 2.90 bp | 15.6 bp −$16 | 34.6 bp −$346 | 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 ALABUSDTlong | 0.0000% | 8h | 341.85 | long leg | $1.4M | $4.4M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 341.57 | −0.082% | $459K | $435K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 341.66 | −0.056% | $590K | $467K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 341.50 | −0.102% | $466K | $323K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 341.68 | −0.050% | $211K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 341.93 | +0.022% | $93K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 341.77 | −0.023% | $1.7M | $220K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 341.78 | −0.019% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 341.36 | −0.143% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0065% | 1h | 341.91 | +0.018% | $1.1M | $4.1M | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 341.79 | −0.018% | $341K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 341.70 | −0.044% | $964 | $378K | 10x | as long as short |
| BloFin ALAB-USDTshort | +0.0120% | 8h | 341.74 | −0.032% | $72K | $105K | 20x |
Binance ALABUSDT
BloFin ALAB-USDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
KuCoin ALABUSDTM
HTX ALAB-USDT