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: KuCoin against Phemex−0.058%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$483as in the Funding arb table
Net, price: spread back to 7d avg − costs−$518as in the Price arb table
costs, in and out, $10k−$5135.126% of the position
Funding, last 7 days+0.296%+$30 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.058%, 7d avg −0.007%
=Funding pays, the price is against you. KuCoin is 0.051% cheaper against Phemex than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.007%). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALABUSDT | 345.06 | 0 | get 0.0000% / 8h | 4h 34m | $1.7M | $217K | 10x |
| Short | KuCoin ALABUSDTM | 344.86 | 0.0100 | get 0.0100% / 8h | 4h 34m | $345K | $32K | 20x |
Phemex ALABUSDT
KuCoin ALABUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.058% → −0.007%
- −$5.13
- Slippage, 4 orders
- −$488.6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$496.73
- Costs to cover
- 5.126%
- Break-even
- 172.6 days
Slippage from Phemex: live order book, 4 min ago; KuCoin: live order book, 48 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 | 5.21 bp | 58.1 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 14.95 bp | 236.3 bp −$236 | 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 | 345.00 | −0.018% | $1.4M | $4.3M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 344.92 | −0.041% | $475K | $428K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 344.67 | −0.113% | $596K | $469K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 344.60 | −0.133% | $470K | $323K | 20x | as long as short |
| Bitget ALABUSDT | 0.0000% | 8h | 344.90 | −0.046% | $213K | $154K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 345.18 | +0.035% | $94K | $76K | — | as long as short |
| Phemex ALABUSDTlong | 0.0000% | 8h | 345.06 | long leg | $1.7M | $217K | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 344.35 | −0.207% | $12K | — | 10x | as long as short |
| QFEX ALAB-USD | +0.0044% | 1h | 344.75 | −0.090% | $1.1M | $4.2M | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 344.62 | −0.128% | — | — | 5x | as long as short |
Binance ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Bitget ALABUSDT
Variational Omni ALAB
Extended ALAB_24_5-USD
QFEX ALAB-USD
Vest ALAB-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMshort | +0.0100% | 8h | 344.86 | −0.058% | $345K | $32K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 343.49 | −0.455% | $996 | $377K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 345.24 | +0.052% | $72K | $106K | 20x | as long as short |
HTX ALAB-USDT
BloFin ALAB-USDT