Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against BloFin−0.110%80s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$425as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4314.308% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)+0.194%+$19 · spread now −0.110%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.095% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALAB-USDT | 345.24 | 0.0120 | pay 0.0120% / 8h | 4h 33m | $72K | $106K | 20x |
| Short | KuCoin ALABUSDTM | 344.86 | 0.0100 | get 0.0100% / 8h | 4h 33m | $345K | $32K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$4.2
- Price spread: −0.110% → −0.015%
- −$9.49
- Slippage, 4 orders
- −$406.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$444.45
- Costs to cover
- 4.308%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; KuCoin: live order book, 48 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 BloFin live order book, 61 min ago | 0.58 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 14.95 bp | 236.3 bp −$236 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ALABUSDT | 0.0000% | 8h | 344.76 | −0.139% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.91 | −0.096% | $475K | $428K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.67 | −0.165% | $596K | $469K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.60 | −0.185% | $470K | $323K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.90 | −0.098% | $213K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 345.18 | −0.017% | $94K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 345.06 | −0.052% | $1.7M | $217K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.24 | −0.290% | $12K | — | 10x | as long as short |
| QFEX ALAB-USD | +0.0044% | 1h | 344.75 | −0.142% | $1.1M | $4.2M | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.62 | −0.180% | — | — | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMshort | +0.0100% | 8h | 344.86 | −0.110% | $345K | $32K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 343.49 | −0.507% | $996 | $377K | 10x | as long as short |
| BloFin ALAB-USDTlong | +0.0120% | 8h | 345.24 | long leg | $72K | $106K | 20x |
BloFin ALAB-USDT
KuCoin ALABUSDTM
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
HTX ALAB-USDT