Funding you earn now, next payment 03:00 UTC−0.0079%/8h= −8.6% APRpaid last 24h +0.009%
Price spread now: QFEX against BloFin−0.119%7-day average −0.012% · 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−$77as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 4 days (all we have)−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.119%, 7d avg −0.012%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.107% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALAB-USDT | 344.13 | 0.0120 | pay 0.0120% / 8h | 5h 46m | — | $105K | 20x |
| Short | QFEX ALAB-USD | 343.72 | 0.0041 | get 0.0005% / 1h | 46m 42s | $1.1M | $4.5M | 10x |
BloFin ALAB-USDT
QFEX ALAB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$16.56
- Price spread: −0.119% → −0.012%
- −$10.73
- Slippage, 4 orders
- −$44.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$93.59
- Costs to cover
- 0.663%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 85 min ago; QFEX: live order book, 7 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, 85 min ago | 5.34 bp | 24.9 bp −$25 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.31 bp | 9.9 bp −$10 | 17.1 bp −$171 | 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 | 344.10 | −0.009% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 343.70 | −0.125% | $473K | $430K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.29 | +0.046% | $595K | $472K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.10 | −0.009% | $505K | $302K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.11 | −0.006% | $213K | $153K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 344.79 | +0.191% | $94K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 344.15 | +0.006% | $1.7M | $214K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.00 | −0.036% | $12K | — | 10x | as long as short |
| QFEX ALAB-USDshort | +0.0041% | 1h | 343.72 | −0.119% | $1.1M | $4.5M | 10x | |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 343.42 | −0.206% | — | — | 5x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Phemex ALABUSDT
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 | 344.03 | −0.029% | $343K | $32K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 343.81 | −0.093% | $880 | $376K | 10x | as long as short |
| BloFin ALAB-USDTlong | +0.0120% | 8h | 344.13 | long leg | — | $105K | 20x |
KuCoin ALABUSDTM
HTX ALAB-USDT