Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Binance+0.038%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1371.365% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.038%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.032% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALABUSDT | 336.96 | 0 | get 0.0000% / 8h | 1m 59s | $1.3M | $5.6M | 20x |
| Short | Phemex ALABUSDT | 337.09 | 0 | get 0.0000% / 8h | 1m 59s | $1.6M | $263K | 10x |
Binance ALABUSDT
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.038% → +0.006%
- $3.24
- Slippage, 4 orders
- −$114.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$133.28
- Costs to cover
- 1.365%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Phemex: live order book, 1 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, 6 min ago | 2.38 bp | 17.6 bp −$18 | 57.3 bp −$573 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 5.64 bp | 54.4 bp −$54 | 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 | −0.0483% | 8h | 337.12 | +0.047% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDTlong | 0.0000% | 8h | 336.96 | long leg | $1.3M | $5.6M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 336.54 | −0.125% | $452K | $203K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.58 | −0.113% | $580K | $458K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.60 | −0.107% | $476K | $351K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.87 | −0.026% | $61K | $105K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 337.09 | +0.038% | $1.6M | $263K | 10x | |
| QFEX ALAB-USD | +0.0027% | 1h | 337.06 | +0.029% | $1.1M | $3.4M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 336.03 | −0.277% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.92 | −0.012% | — | — | 5x | as long as short |
Bitget ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
QFEX ALAB-USD
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 | 336.53 | −0.128% | $335K | $66K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 336.93 | −0.009% | $940 | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 337.26 | +0.088% | $72K | $106K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT