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: Binance against KuCoin+0.137%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,548as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,531as in the Price arb table
costs, in and out, $10k−$1,54215.420% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.250%+$25 · spread now +0.137%, 7d avg +0.030%
=The price spread pays, funding is against you. Binance is 0.107% dearer against KuCoin than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.030%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.060% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 336.46 | 0.0100 | pay 0.0100% / 8h | 6m 21s | $335K | $59K | 20x |
| Short | Binance ALABUSDT | 336.92 | 0 | get 0.0000% / 8h | 6m 21s | $1.3M | $5.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.137% → +0.030%
- $10.66
- Slippage, 4 orders
- −$1,520.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,552.36
- Costs to cover
- 15.420%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; Binance: live order book, 2 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 KuCoin live order book, 26 min ago | 12.21 bp | 247.3 bp −$247 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.38 bp | 18.7 bp −$19 | 66.1 bp −$661 | 377.9 bp −$37.8K | 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 | −0.0501% | 8h | 336.96 | +0.149% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDTshort | 0.0000% | 8h | 336.92 | +0.137% | $1.3M | $5.6M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 336.68 | +0.065% | $452K | $203K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.68 | +0.065% | $580K | $459K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.70 | +0.071% | $476K | $351K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.76 | +0.089% | $62K | $105K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 336.94 | +0.143% | $1.6M | $263K | 10x | as long as short |
| QFEX ALAB-USD | +0.0027% | 1h | 336.99 | +0.158% | $1.1M | $3.4M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 336.26 | −0.058% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.91 | +0.134% | — | — | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMlong | +0.0100% | 8h | 336.46 | long leg | $335K | $59K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 337.71 | +0.372% | $912 | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 336.82 | +0.107% | $72K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
Binance ALABUSDT
Bitget ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
HTX ALAB-USDT
BloFin ALAB-USDT