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 Bybit−0.033%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1991.991% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.033%, 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 0.039% cheaper against Bybit than usual: you would sell low and buy high, −$4 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 | Bybit ALABUSDT | 335.14 | 0 | get 0.0000% / 8h | 1h 39m | $450K | $399K | 25x |
| Short | Phemex ALABUSDT | 335.03 | 0 | get 0.0000% / 8h | 1h 39m | $1.6M | $259K | 10x |
Bybit ALABUSDT
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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: −0.033% → +0.006%
- −$3.9
- Slippage, 4 orders
- −$176.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$202.96
- Costs to cover
- 1.991%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 60 min ago; Phemex: live order book, 3 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 Bybit live order book, 60 min ago | 11.95 bp | 87.6 bp −$88 | 201.5 bp −$2,015 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 6.12 bp | 40.2 bp −$40 | 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 | −0.0696% | 8h | 335.31 | +0.051% | $204K | $157K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 334.87 | −0.081% | $1.3M | $5.5M | 20x | as long as short |
| Bybit ALABUSDTlong | 0.0000% | 8h | 335.14 | long leg | $450K | $399K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 334.80 | −0.101% | $577K | $460K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 334.90 | −0.072% | $468K | $345K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 335.21 | +0.020% | $61K | $106K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 335.03 | −0.033% | $1.6M | $259K | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 334.88 | −0.078% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 334.61 | −0.158% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0080% | 1h | 334.95 | −0.057% | $1.1M | $3.5M | 10x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
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 | 334.86 | −0.084% | $334K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 334.40 | −0.221% | $2K | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 335.33 | +0.057% | $72K | $104K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT