Funding you earn now, next payment 02:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.008%
Price spread now: QFEX against Bitget−0.131%7-day average −0.010% · 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−$179as in the Price arb table
costs, in and out, $10k−$1671.667% of the position
Funding, last 3 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.131%, 7d avg −0.010%
=Funding pays, the price is against you. QFEX is 0.121% cheaper against Bitget than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.010%). If the spread goes back, that is −$12 on $10k: about 7.4 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.013% in total) that is about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALABUSDT | 344.42 | 0 | get 0.0000% / 8h | 6h 18m | $213K | $154K | 20x |
| Short | QFEX ALAB-USD | 343.97 | 0.0054 | get 0.0007% / 1h | 18m 13s | $1.1M | $4.7M | 10x |
Bitget ALABUSDT
QFEX ALAB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $11.41
- Price spread: −0.131% → −0.010%
- −$12.06
- Slippage, 4 orders
- −$144.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$167.39
- Costs to cover
- 1.667%
- Break-even
- 109.7 days
Slippage from Bitget: live order book, 41 min ago; QFEX: live order book, 5 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, 41 min ago | 10.85 bp | 33.6 bp −$34 | 75.3 bp −$753 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.60 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
ALAB on 12 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 ALABUSDT | 0.0000% | 8h | 344.78 | +0.105% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.79 | +0.107% | $479K | $426K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.92 | +0.145% | $595K | $469K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.20 | −0.064% | $505K | $304K | 20x | as long as short |
| Bitget ALABUSDTlong | 0.0000% | 8h | 344.42 | long leg | $213K | $154K | 20x | |
| Variational Omni ALAB | 0.0000% | 8h | 344.28 | −0.039% | $94K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 344.82 | +0.116% | $1.7M | $215K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.78 | +0.105% | $12K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.03 | −0.113% | — | — | 5x | as long as short |
| QFEX ALAB-USDshort | +0.0054% | 1h | 343.97 | −0.131% | $1.1M | $4.7M | 10x |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
Vest ALAB-USD-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 344.59 | +0.049% | $343K | $32K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 344.79 | +0.107% | $776 | $376K | 10x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT