ALAB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0726%/8h= −79.5% APRnext payment −$7.26 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Phemex−0.030%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$191as in the Funding arb table

Net, price: spread back to 7d avg − costs−$199as in the Price arb table

costs, in and out, $10k−$1961.959% of the position

Long on Phemex Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.030%, 7d avg 0.000%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bitget is 0.030% cheaper against Phemex than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of 0.000%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.047% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ALABUSDT	337.38	0	get 0.0000% / 8h	2h 03m	$1.6M	$256K	10x
Short	Bitget ALABUSDT	337.28	−0.0726	pay 0.0726% / 8h	2h 03m	$206K	$157K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Phemex. 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 PhemexbpFee BitgetbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$152.46
Price spread: −0.030% → 0.000%: −$3
Slippage, 4 orders: −$171.92
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$351.38
Costs to cover: 1.959%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; Bitget: live order book, 36 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 Phemex live order book, 5 min ago	6.52 bp	55.1 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 36 min ago	13.74 bp	49.1 bp −$49	78.3 bp −$783	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
Bitget ALABUSDTshort	−0.0726%	8h	337.28	−0.030%	$206K	$157K	20x
Binance ALABUSDT	0.0000%	8h	337.29	−0.027%	$1.3M	$5.5M	20x	as long as short
Bybit ALABUSDT	0.0000%	8h	337.15	−0.068%	$452K	$443K	25x	as long as short
OKX ALAB-USDT-SWAP	0.0000%	8h	337.80	+0.124%	$582K	$471K	10x	as long as short
Gate ALAB_USDT	0.0000%	8h	337.30	−0.024%	$471K	$348K	20x	as long as short
Variational Omni ALAB	0.0000%	8h	337.51	+0.039%	$62K	$106K	—	as long as short
Phemex ALABUSDTlong	0.0000%	8h	337.38	long leg	$1.6M	$256K	10x
QFEX ALAB-USD	+0.0025%	1h	337.27	−0.033%	$1.2M	$3.6M	10x	as long as short
Extended ALAB_24_5-USD	+0.0040%	1h	336.53	−0.250%	$11K	—	10x	as long as short
Vest ALAB-USD-PERP	+0.0046%	1h	336.41	−0.288%	—	—	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ALABUSDTM	+0.0100%	8h	336.86	−0.154%	$336K	$33K	20x	as long as short
HTX ALAB-USDT	+0.0100%	8h	337.38	0.000%	$1K	$378K	10x	as long as short
BloFin ALAB-USDT	+0.0120%	8h	337.36	−0.006%	$71K	$105K	20x	as long as short