ALAB

Alert: funding

Alert: spread

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 KuCoin+0.084%50s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$542as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$5135.126% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.296%−$30 on $10k

Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.084%, 7d avg +0.007%

Together, before fees−0.484%−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.077% dearer against KuCoin than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.007%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ALABUSDTM	344.86	0.0100	pay 0.0100% / 8h	4h 34m	$345K	$32K	20x
Short	Phemex ALABUSDT	345.15	0	get 0.0000% / 8h	4h 34m	$1.7M	$217K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee PhemexbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$21
Price spread: +0.084% → +0.007%: $7.74
Slippage, 4 orders: −$488.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$525.86
Costs to cover: 5.126%
Break-even: never at this rate

Slippage from KuCoin: live order book, 47 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 KuCoin live order book, 47 min ago	14.95 bp	166.0 bp −$166	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	5.21 bp	52.3 bp −$52	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	344.97	+0.031%	$1.4M	$4.3M	20x	as long as short
Bybit ALABUSDT	0.0000%	8h	344.87	+0.003%	$475K	$428K	25x	as long as short
OKX ALAB-USDT-SWAP	0.0000%	8h	344.67	−0.055%	$596K	$469K	10x	as long as short
Gate ALAB_USDT	0.0000%	8h	344.60	−0.075%	$470K	$323K	20x	as long as short
Bitget ALABUSDT	0.0000%	8h	344.90	+0.012%	$213K	$154K	20x	as long as short
Variational Omni ALAB	0.0000%	8h	345.18	+0.093%	$94K	$76K	—	as long as short
Phemex ALABUSDTshort	0.0000%	8h	345.15	+0.084%	$1.7M	$217K	10x
Extended ALAB_24_5-USD	+0.0040%	1h	344.09	−0.223%	$12K	—	10x	as long as short
QFEX ALAB-USD	+0.0044%	1h	344.75	−0.032%	$1.1M	$4.2M	10x	as long as short
Vest ALAB-USD-PERP	+0.0046%	1h	344.62	−0.070%	—	—	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	344.86	long leg	$345K	$32K	20x
HTX ALAB-USDT	+0.0100%	8h	345.19	+0.096%	$1K	$377K	10x	as long as short
BloFin ALAB-USDT	+0.0120%	8h	345.24	+0.110%	$72K	$106K	20x	as long as short