Funding you earn now, next payment 04:00 UTC−0.0317%/8h= −34.7% APRnext payment −$1.58 per $10,000 · paid last 24h −0.074%
Price spread now: SunX against Binance−0.299%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
Funding, last 7 days−0.313%−$31 on $10k
+Price spread, last 3 days (all we have)+0.425%+$43 · spread now −0.299%, 7d avg −0.067%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.233% cheaper against Binance than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LABUSDT | 0.05717 | 0.0417 | pay 0.0208% / 4h | 2h 08m | $14.0M | $14.4M | 10x |
| Short | SunX LAB-USDT | 0.05700 | 0.0100 | get 0.0050% / 4h | 2h 08m | $1K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$66.53
- Price spread: −0.299% → −0.067%
- −$23.27
- Slippage, 4 orders
- −$121.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$229.13
- Costs to cover
- 1.393%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; SunX: live order book, 5 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, 2 min ago | 0.88 bp | 14.2 bp −$14 | 103.9 bp −$1,039 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 34.90 bp | 50.0 bp −$50 | doesn't fit | 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 LABUSDT | +0.0100% | 4h | 0.05715 | −0.037% | $4.2M | $2.4M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05705 | −0.212% | $3.3M | $1.8M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05714 | −0.054% | $80K | $370 | — | as long as short |
| SunX LAB-USDTshort | +0.0100% | 4h | 0.05700 | −0.299% | $1K | $1.0M | 20x | |
| HTX LAB-USDT | +0.0100% | 4h | 0.05711 | −0.107% | $72K | $50K | 20x | as long as short |
| KuCoin LABUSDTM | +0.0154% | 4h | 0.05702 | −0.264% | $1.9M | $1.6M | 10x | as long as short |
| OKX LAB-USDT-SWAP | +0.0270% | 4h | 0.05716 | −0.020% | $3.9M | $6.6M | 10x | as long as short |
| Bitget LABUSDT | +0.0288% | 4h | 0.05720 | +0.050% | $3.0M | $834K | 10x | as long as short |
| MEXC LAB_USDT | +0.0416% | 4h | 0.05714 | −0.054% | $4.9M | $1.1M | 20x | as long as short |
| Binance LABUSDTlong | +0.0417% | 4h | 0.05717 | long leg | $14.0M | $14.4M | 10x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LAB-USDT | +0.0418% | 4h | 0.05717 | −0.002% | — | $1.6M | — | as long as short |
| Aster LABUSDT | +0.0422% | 4h | 0.05702 | −0.259% | $47K | $66K | 5x | as long as short |
| edgeX LABUSDC | +0.0435% | 4h | 0.05718 | +0.014% | $13K | $181K | 10x | as long as short |
Binance LABUSDT
SunX LAB-USDT
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
HTX LAB-USDT
KuCoin LABUSDTM
OKX LAB-USDT-SWAP
Bitget LABUSDT
MEXC LAB_USDT
BingX LAB-USDT
Aster LABUSDT
edgeX LABUSDC