Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance+0.372%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,545as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,511as in the Price arb table
costs, in and out, $10k−$1,55115.514% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−1.589%−$159 · spread now +0.372%, 7d avg −0.032%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.404% dearer against Binance than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALABUSDT | 330.75 | 0 | get 0.0000% / 8h | 7h 35m | $1.2M | $5.8M | 20x |
| Short | KuCoin ALABUSDTM | 331.98 | 0.0100 | get 0.0100% / 8h | 7h 35m | $329K | $93K | 20x |
Binance ALABUSDT
KuCoin ALABUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.372% → −0.032%
- $40.41
- Slippage, 4 orders
- −$1,529.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,489.99
- Costs to cover
- 15.514%
- Break-even
- 503.7 days
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 57 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, 3 min ago | 2.71 bp | 18.6 bp −$19 | 64.2 bp −$642 | 217.0 bp −$21.7K | doesn't fit |
| Sell KuCoin live order book, 57 min ago | 12.21 bp | 1258.4 bp −$1,258 | 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 | −0.0465% | 8h | 331.22 | +0.142% | $212K | $160K | 20x | as long as short |
| Bybit ALABUSDT | −0.0102% | 8h | 331.45 | +0.212% | $440K | $210K | 25x | as long as short |
| BloFin ALAB-USDT | −0.0008% | 8h | 331.00 | +0.076% | $71K | $104K | 20x | as long as short |
| Binance ALABUSDTlong | 0.0000% | 8h | 330.75 | long leg | $1.2M | $5.8M | 20x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 331.00 | +0.076% | $569K | $453K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 331.30 | +0.166% | $469K | $334K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 330.71 | −0.013% | $61K | $87K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 331.08 | +0.100% | $1.6M | $267K | 10x | as long as short |
| QFEX ALAB-USD | +0.0024% | 1h | 331.06 | +0.094% | $1.1M | $3.4M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 331.40 | +0.197% | $11K | — | 10x | as long as short |
Bitget ALABUSDT
Bybit ALABUSDT
BloFin ALAB-USDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
QFEX ALAB-USD
Extended ALAB_24_5-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ALAB-USD-PERP | +0.0046% | 1h | 331.23 | +0.145% | — | — | 5x | as long as short |
| KuCoin ALABUSDTMshort | +0.0100% | 8h | 331.98 | +0.372% | $329K | $93K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 330.95 | +0.060% | $1K | $381K | 10x | as long as short |
Vest ALAB-USD-PERP
HTX ALAB-USDT