Funding you earn now, next payment 08:00 UTC+0.0829%/8h= +90.8% APRnext payment +$8.29 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bitget−0.033%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.033%, 7d avg +0.007%
=Funding pays, the price is against you. BloFin is 0.039% cheaper against Bitget than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.190% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALABUSDT | 335.60 | −0.0709 | get 0.0709% / 8h | 1h 15m | $205K | $153K | 20x |
| Short | BloFin ALAB-USDT | 335.49 | 0.0120 | get 0.0120% / 8h | 1h 15m | $71K | $105K | 20x |
Bitget ALABUSDT
BloFin ALAB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $174.09
- Price spread: −0.033% → +0.007%
- −$3.94
- Slippage, 4 orders
- −$99.87
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $46.28
- Costs to cover
- 1.239%
- Break-even
- 5.1 days
Slippage from Bitget: live order book, 19 min ago; BloFin: live order book, 56 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 Bitget live order book, 19 min ago | 13.89 bp | 32.0 bp −$32 | 42.0 bp −$420 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 3.41 bp | 25.3 bp −$25 | 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 ALABUSDTlong | −0.0709% | 8h | 335.60 | long leg | $205K | $153K | 20x | |
| Binance ALABUSDT | 0.0000% | 8h | 335.64 | +0.012% | $1.3M | $5.5M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 335.99 | +0.116% | $451K | $399K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 335.78 | +0.054% | $579K | $457K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 335.50 | −0.030% | $475K | $351K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 335.46 | −0.041% | $61K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 335.67 | +0.021% | $1.6M | $259K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 335.74 | +0.040% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 335.21 | −0.116% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0080% | 1h | 335.41 | −0.057% | $1.1M | $3.4M | 10x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
Vest ALAB-USD-PERP
QFEX ALAB-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 335.69 | +0.027% | $334K | $34K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 334.36 | −0.369% | $1K | $379K | 10x | as long as short |
| BloFin ALAB-USDTshort | +0.0120% | 8h | 335.49 | −0.033% | $71K | $105K | 20x |
KuCoin ALABUSDTM
HTX ALAB-USDT