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: Bybit against Phemex−0.080%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2152.153% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.080%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.074% cheaper against Phemex than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 337.53 | 0 | get 0.0000% / 8h | 2h 11m | $1.6M | $254K | 10x |
| Short | Bybit ALABUSDT | 337.26 | 0 | get 0.0000% / 8h | 2h 11m | $453K | $443K | 25x |
Phemex ALABUSDT
Bybit ALABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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: −0.080% → −0.006%
- −$7.41
- Slippage, 4 orders
- −$192.32
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$222.72
- Costs to cover
- 2.153%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 29 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, 2 min ago | 5.20 bp | 43.1 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 29 min ago | 11.95 bp | 20.4 bp −$20 | 180.3 bp −$1,803 | 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 ALABUSDT | −0.0746% | 8h | 337.26 | −0.080% | $206K | $157K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 337.20 | −0.098% | $1.3M | $5.5M | 20x | as long as short |
| Bybit ALABUSDTshort | 0.0000% | 8h | 337.26 | −0.080% | $453K | $443K | 25x | |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.83 | −0.207% | $580K | $469K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 337.10 | −0.127% | $461K | $344K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 335.33 | −0.650% | $61K | $106K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 337.53 | long leg | $1.6M | $254K | 10x | |
| QFEX ALAB-USD | +0.0025% | 1h | 337.42 | −0.033% | $1.2M | $3.6M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 335.98 | −0.461% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.65 | −0.261% | — | — | 5x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
QFEX ALAB-USD
Extended ALAB_24_5-USD
Vest ALAB-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTM | +0.0100% | 8h | 337.06 | −0.139% | $336K | $33K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 337.42 | −0.033% | $1K | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 337.09 | −0.130% | $71K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT