Funding you earn now, next payment 04:00 UTC−0.0335%/8h= −36.7% APRnext payment −$1.67 per $10,000 · paid last 24h −0.074%
Price spread now: Bybit against Binance−0.087%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1111.105% of the position
Funding, last 7 days−0.313%−$31 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now −0.087%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.087% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LABUSDT | 0.05715 | 0.0435 | pay 0.0217% / 4h | 2h 10m | $14.0M | $14.3M | 10x |
| Short | Bybit LABUSDT | 0.05710 | 0.0100 | get 0.0050% / 4h | 2h 10m | $4.2M | $2.4M | 20x |
Binance LABUSDT
Bybit LABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$70.3
- Price spread: −0.087% → −0.001%
- −$8.67
- Slippage, 4 orders
- −$89.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$189.48
- Costs to cover
- 1.105%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: 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 Binance live order book, 15 min ago | 0.87 bp | 13.7 bp −$14 | 111.6 bp −$1,116 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 8.73 bp | 38.2 bp −$38 | 577.7 bp −$5,777 | doesn't fit | doesn't fit |
LAB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LABUSDTshort | +0.0100% | 4h | 0.05710 | −0.087% | $4.2M | $2.4M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05714 | −0.017% | $3.3M | $1.8M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05714 | −0.017% | $80K | $370 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05710 | −0.087% | $2K | $1.0M | 20x | as long as short |
| HTX LAB-USDT | +0.0100% | 4h | 0.05749 | +0.595% | $72K | $50K | 20x | as long as short |
| KuCoin LABUSDTM | +0.0168% | 4h | 0.05711 | −0.070% | $1.9M | $1.6M | 10x | as long as short |
| OKX LAB-USDT-SWAP | +0.0268% | 4h | 0.05715 | 0.000% | $3.9M | $6.6M | 10x | as long as short |
| Bitget LABUSDT | +0.0298% | 4h | 0.05710 | −0.087% | $3.0M | $831K | 10x | as long as short |
| BingX LAB-USDT | +0.0424% | 4h | 0.05715 | 0.000% | — | $1.6M | — | as long as short |
| MEXC LAB_USDT | +0.0434% | 4h | 0.05713 | −0.035% | $4.9M | $1.1M | 20x | as long as short |
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
HTX LAB-USDT
KuCoin LABUSDTM
OKX LAB-USDT-SWAP
Bitget LABUSDT
BingX LAB-USDT
MEXC LAB_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LABUSDTlong | +0.0435% | 4h | 0.05715 | long leg | $14.0M | $14.3M | 10x | |
| Aster LABUSDT | +0.0442% | 4h | 0.05719 | +0.070% | $47K | $66K | 5x | as long as short |
| edgeX LABUSDC | +0.0448% | 4h | 0.05725 | +0.168% | $13K | $182K | 10x | as long as short |
Aster LABUSDT
edgeX LABUSDC