Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against OKX+0.055%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1971.975% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)−0.086%−$9 · spread now +0.055%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.059% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ALAB-USDT-SWAP | 343.52 | 0 | get 0.0000% / 8h | 6h 34m | $592K | $470K | 10x |
| Short | Phemex ALABUSDT | 343.71 | 0 | get 0.0000% / 8h | 6h 34m | $1.7M | $218K | 10x |
OKX ALAB-USDT-SWAP
Phemex ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against OKX. 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
- $0
- Price spread: +0.055% → −0.003%
- $5.86
- Slippage, 4 orders
- −$175.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$191.6
- Costs to cover
- 1.975%
- Break-even
- never at this rate
Slippage from OKX: live order book, 32 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 OKX live order book, 32 min ago | 8.23 bp | 57.0 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 3.93 bp | 45.9 bp −$46 | doesn't fit | 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 | 343.64 | +0.035% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 343.53 | +0.003% | $479K | $424K | 25x | as long as short |
| OKX ALAB-USDT-SWAPlong | 0.0000% | 8h | 343.52 | long leg | $592K | $470K | 10x | |
| Gate ALAB_USDT | 0.0000% | 8h | 343.60 | +0.023% | $505K | $302K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 343.76 | +0.070% | $213K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 343.49 | −0.008% | $93K | $76K | — | as long as short |
| Phemex ALABUSDTshort | 0.0000% | 8h | 343.71 | +0.055% | $1.7M | $218K | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 343.38 | −0.042% | $12K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 343.26 | −0.076% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0054% | 1h | 343.34 | −0.052% | $1.1M | $4.9M | 10x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Extended ALAB_24_5-USD
Vest ALAB-USD-PERP
QFEX ALAB-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 343.33 | −0.055% | $342K | $32K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 343.63 | +0.032% | $821 | $376K | 10x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT