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: HTX against Phemex+0.039%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$437as in the Price arb table
costs, in and out, $10k−$4394.393% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.039%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.021% dearer against Phemex than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 336.98 | 0 | get 0.0000% / 8h | 3m 53s | $1.6M | $263K | 10x |
| Short | HTX ALAB-USDT | 337.11 | 0.0100 | get 0.0100% / 8h | 3m 53s | $1K | $380K | 10x |
Phemex ALABUSDT
HTX ALAB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.039% → +0.017%
- $2.14
- Slippage, 4 orders
- −$415.29
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$416.16
- Costs to cover
- 4.393%
- Break-even
- 145.7 days
Slippage from Phemex: live order book, 4 min ago; HTX: live order book, 34 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, 4 min ago | 5.20 bp | 54.5 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 34 min ago | 69.67 bp | 173.7 bp −$174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALABUSDT | −0.0493% | 8h | 337.10 | +0.036% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 337.02 | +0.011% | $1.3M | $5.6M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 336.92 | −0.018% | $453K | $203K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 336.68 | −0.089% | $580K | $459K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 336.70 | −0.083% | $476K | $351K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.87 | −0.031% | $61K | $105K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 336.98 | long leg | $1.6M | $263K | 10x | |
| QFEX ALAB-USD | +0.0027% | 1h | 337.08 | +0.030% | $1.1M | $3.4M | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 336.03 | −0.282% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 337.00 | +0.006% | — | — | 5x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
Bybit 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 | 336.66 | −0.095% | $335K | $63K | 20x | as long as short |
| HTX ALAB-USDTshort | +0.0100% | 8h | 337.11 | +0.039% | $1K | $380K | 10x | |
| BloFin ALAB-USDT | +0.0120% | 8h | 337.17 | +0.056% | $72K | $106K | 20x | as long as short |
KuCoin ALABUSDTM
BloFin ALAB-USDT