Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against HTX−0.318%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$388as in the Price arb table
costs, in and out, $10k−$3583.585% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 3 days (all we have)+0.285%+$28 · spread now −0.318%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.297% cheaper against HTX than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALAB-USDT | 345.75 | 0.0100 | pay 0.0100% / 8h | 5h 51m | $754 | $375K | 10x |
| Short | OKX ALAB-USDT-SWAP | 344.65 | 0 | get 0.0000% / 8h | 5h 51m | $596K | $472K | 10x |
HTX ALAB-USDT
OKX ALAB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against HTX. 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
- −$21
- Price spread: −0.318% → −0.021%
- −$29.67
- Slippage, 4 orders
- −$336.49
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$409.16
- Costs to cover
- 3.585%
- Break-even
- never at this rate
Slippage from HTX: live order book, 12 min ago; OKX: live order book, 9 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 HTX live order book, 12 min ago | 54.98 bp | 119.5 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 9 min ago | 4.51 bp | 39.8 bp −$40 | 1390.3 bp −$13.9K | 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 | 344.76 | −0.287% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.73 | −0.295% | $475K | $429K | 25x | as long as short |
| OKX ALAB-USDT-SWAPshort | 0.0000% | 8h | 344.65 | −0.318% | $596K | $472K | 10x | |
| Gate ALAB_USDT | 0.0000% | 8h | 344.30 | −0.419% | $506K | $302K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.14 | −0.466% | $213K | $153K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 344.57 | −0.340% | $93K | $76K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 344.65 | −0.318% | $1.7M | $214K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.62 | −0.328% | $12K | — | 10x | as long as short |
| QFEX ALAB-USD | +0.0041% | 1h | 344.80 | −0.275% | $1.1M | $4.5M | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.53 | −0.353% | — | — | 5x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
QFEX ALAB-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 | 344.46 | −0.373% | $344K | $32K | 20x | as long as short |
| HTX ALAB-USDTlong | +0.0100% | 8h | 345.75 | long leg | $754 | $375K | 10x |
KuCoin ALABUSDTM