Settings8H · net · $10k
Funding arb · Price arb /

LAB

all LAB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0165%/8h= −18.0% APRnext payment $0.82 per $10,000 · paid last 24h −0.089%
Price spread now: Bybit against BingX−0.088%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1431.430% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.326%−$33 on $10k
Price spread, last 7 days+0.077%+$8 · spread now −0.088%, 7d avg +0.012%
Together, before fees−0.249%−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.099% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LAB-USDT0.057050.0265pay 0.0132% / 4h36m 53s$1.6M
ShortBybit LABUSDT0.057000.0100get 0.0050% / 4h36m 53s$4.2M$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$34.61
Price spread: −0.088% → +0.012%
−$9.94
Slippage, 4 orders
−$122.01
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$187.55
Costs to cover
1.430%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago1.75 bp11.8 bp −$1222.5 bp −$225114.7 bp −$11.5Kdoesn't fit
Sell Bybit live order book, 1 min ago8.76 bp65.9 bp −$66642.3 bp −$6,423doesn't fitdoesn't fit

LAB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LABUSDTshort+0.0100%4h0.05700−0.088%$4.2M$2.3M20x
Gate LAB_USDT+0.0100%4h0.05701−0.070%$3.3M$1.7M20xas long as short
Variational Omni LAB+0.0100%4h0.05704−0.012%$80K$417as long as short
SunX LAB-USDT+0.0100%4h0.05700−0.088%$2K$966K20xas long as short
Bitget LABUSDT+0.0108%4h0.05700−0.088%$3.0M$804K10xas long as short
edgeX LABUSDC+0.0209%4h0.05703−0.032%$13K$180K10xas long as short
MEXC LAB_USDT+0.0212%4h0.05704−0.018%$4.8M$1.1M20xas long as short
Binance LABUSDT+0.0213%4h0.05705+0.005%$14.0M$14.1M10xas long as short
KuCoin LABUSDTM+0.0228%4h0.05698−0.123%$1.9M$1.5M10xas long as short
BloFin LAB-USDT+0.0235%4h0.05703−0.035%$605K$63K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LABUSDT+0.0259%4h0.05704−0.023%$46K$65K5xas long as short
OKX LAB-USDT-SWAP+0.0263%4h0.057050.000%$3.9M$6.8M10xas long as short
BingX LAB-USDTlong+0.0265%4h0.05705long leg$1.6M
HTX LAB-USDT+0.0505%4h0.05726+0.368%$72K$51K20xas long as short