Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.010%
Price spread now: OKX against QFEX−0.083%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1121.116% of the position
Funding, last 4 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.083%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.089% cheaper against QFEX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ALAB-USD | 336.45 | 0.0027 | pay 0.0003% / 1h | 33m 33s | $1.1M | $3.4M | 10x |
| Short | OKX ALAB-USDT-SWAP | 336.17 | 0 | get 0.0000% / 8h | 33m 33s | $580K | $458K | 10x |
QFEX ALAB-USD
OKX ALAB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against QFEX. 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
- −$5.68
- Price spread: −0.083% → +0.005%
- −$8.87
- Slippage, 4 orders
- −$91.64
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$126.18
- Costs to cover
- 1.116%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; OKX: live order book, 2 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 QFEX live order book, 5 min ago | 1.34 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 5.35 bp | 25.8 bp −$26 | 945.4 bp −$9,454 | 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 | −0.0591% | 8h | 336.09 | −0.107% | $204K | $156K | 20x | as long as short |
| Binance ALABUSDT | 0.0000% | 8h | 336.56 | +0.033% | $1.3M | $5.6M | 20x | as long as short |
| Bybit ALABUSDT | 0.0000% | 8h | 336.59 | +0.042% | $452K | $236K | 25x | as long as short |
| OKX ALAB-USDT-SWAPshort | 0.0000% | 8h | 336.17 | −0.083% | $580K | $458K | 10x | |
| Gate ALAB_USDT | 0.0000% | 8h | 336.60 | +0.045% | $476K | $349K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 336.25 | −0.058% | $61K | $105K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 336.46 | +0.003% | $1.6M | $262K | 10x | as long as short |
| QFEX ALAB-USDlong | +0.0027% | 1h | 336.45 | long leg | $1.1M | $3.4M | 10x | |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 336.46 | +0.004% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 336.35 | −0.030% | — | — | 5x | as long as short |
Bitget ALABUSDT
Binance ALABUSDT
Bybit ALABUSDT
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
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 | 336.67 | +0.065% | $335K | $34K | 20x | as long as short |
| HTX ALAB-USDT | +0.0100% | 8h | 336.52 | +0.021% | $1K | $380K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 336.41 | −0.012% | $71K | $105K | 20x | as long as short |
KuCoin ALABUSDTM
HTX ALAB-USDT
BloFin ALAB-USDT