Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.010%
Price spread now: QFEX against Bybit+0.068%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1251.246% of the position
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.068%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.078% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALABUSDT | 336.61 | 0 | get 0.0000% / 8h | 8m 35s | $452K | $203K | 25x |
| Short | QFEX ALAB-USD | 336.84 | 0.0027 | get 0.0003% / 1h | 8m 35s | $1.1M | $3.4M | 10x |
Bybit ALABUSDT
QFEX ALAB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $5.68
- Price spread: +0.068% → −0.010%
- $7.79
- Slippage, 4 orders
- −$103.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$111.15
- Costs to cover
- 1.246%
- Break-even
- 144.0 days
Slippage from Bybit: live order book, 21 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 Bybit live order book, 21 min ago | 10.27 bp | 57.8 bp −$58 | 224.4 bp −$2,244 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.23 bp | 11.2 bp −$11 | 17.9 bp −$179 | 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 | −0.0506% | 8h | 337.07 | +0.137% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 336.83 | +0.066% | $1.3M | $5.6M | 20x | as long as short |
| Bybit ALABUSDTlong | 0.0000% | 8h | 336.61 | long leg | $452K | $203K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.68 | +0.021% | $580K | $459K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.60 | −0.003% | $476K | $351K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.76 | +0.044% | $62K | $105K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 337.01 | +0.119% | $1.6M | $263K | 10x | as long as short |
| QFEX ALAB-USDshort | +0.0027% | 1h | 336.84 | +0.068% | $1.1M | $3.4M | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 337.27 | +0.198% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.86 | +0.074% | — | — | 5x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
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 | 336.44 | −0.051% | $335K | $58K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 336.90 | +0.086% | $1K | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 336.82 | +0.062% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT