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: Phemex against HTX−0.023%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$420as in the Funding arb table
Net, price: spread back to 7d avg − costs−$400as in the Price arb table
costs, in and out, $10k−$3993.993% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.023%, 7d avg −0.019%
=The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALAB-USDT | 341.66 | 0.0100 | pay 0.0100% / 8h | 3h 44m | $1K | $378K | 10x |
| Short | Phemex ALABUSDT | 341.58 | 0 | get 0.0000% / 8h | 3h 44m | $1.7M | $219K | 10x |
HTX ALAB-USDT
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.023% → −0.019%
- −$0.44
- Slippage, 4 orders
- −$375.33
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$420.77
- Costs to cover
- 3.993%
- Break-even
- never at this rate
Slippage from HTX: live order book, 9 min ago; Phemex: live order book, 4 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, 9 min ago | 76.79 bp | 146.6 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 5.84 bp | 54.7 bp −$55 | 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 | 341.69 | +0.008% | $1.4M | $4.4M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 341.56 | −0.029% | $459K | $435K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 341.66 | 0.000% | $590K | $467K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 341.60 | −0.018% | $466K | $323K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 341.68 | +0.006% | $211K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 341.93 | +0.078% | $93K | $76K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 341.58 | −0.023% | $1.7M | $219K | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 342.22 | +0.164% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 341.30 | −0.105% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0065% | 1h | 341.53 | −0.038% | $1.1M | $4.1M | 10x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
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 | 341.75 | +0.026% | $341K | $33K | 20x | as long as short |
| HTX ALAB-USDTlong | +0.0100% | 8h | 341.66 | long leg | $1K | $378K | 10x | |
| BloFin ALAB-USDT | +0.0120% | 8h | 341.93 | +0.079% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
BloFin ALAB-USDT