Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.011%
Price spread now: Binance against BingX−0.012%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now −0.012%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.023% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LAB-USDT | 0.05738 | 0.0297 | pay 0.0148% / 4h | 2h 56m | — | $1.6M | — |
| Short | Binance LABUSDT | 0.05737 | 0.0265 | get 0.0133% / 4h | 2h 56m | $14.1M | $14.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$6.67
- Price spread: −0.012% → +0.011%
- −$2.3
- Slippage, 4 orders
- −$30.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.32
- Costs to cover
- 0.503%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 14 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 BingX live order book, 5 min ago | 0.87 bp | 7.4 bp −$7 | 11.3 bp −$113 | 50.6 bp −$5,058 | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.86 bp | 18.4 bp −$18 | 100.3 bp −$1,003 | doesn't fit | doesn't fit |
LAB on 14 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 | 0.05736 | −0.035% | $4.2M | $2.3M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05736 | −0.035% | $3.3M | $1.7M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05754 | +0.279% | $80K | $351 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05740 | +0.035% | $1K | $997K | 20x | as long as short |
| OKX LAB-USDT-SWAP | +0.0191% | 4h | 0.05734 | −0.070% | $3.9M | $6.6M | 10x | as long as short |
| KuCoin LABUSDTM | +0.0198% | 4h | 0.05730 | −0.139% | $1.9M | $1.6M | 10x | as long as short |
| BloFin LAB-USDT | +0.0236% | 4h | 0.05745 | +0.122% | $604K | $66K | 10x | as long as short |
| Bitget LABUSDT | +0.0240% | 4h | 0.05730 | −0.139% | $3.0M | $818K | 10x | as long as short |
| Binance LABUSDTshort | +0.0265% | 4h | 0.05737 | −0.012% | $14.1M | $14.2M | 10x | |
| MEXC LAB_USDT | +0.0270% | 4h | 0.05730 | −0.139% | $4.9M | $1.1M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX LABUSDC | +0.0283% | 4h | 0.05755 | +0.293% | $13K | $180K | 10x | as long as short |
| Aster LABUSDT | +0.0290% | 4h | 0.05726 | −0.205% | $47K | $66K | 5x | as long as short |
| BingX LAB-USDTlong | +0.0297% | 4h | 0.05738 | long leg | — | $1.6M | — | |
| HTX LAB-USDT | +0.0343% | 4h | 0.05757 | +0.331% | $72K | $49K | 20x | as long as short |
BingX LAB-USDT
Binance LABUSDT
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
OKX LAB-USDT-SWAP
KuCoin LABUSDTM
BloFin LAB-USDT
Bitget LABUSDT
MEXC LAB_USDT
edgeX LABUSDC
Aster LABUSDT
HTX LAB-USDT