Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against BloFin+0.097%81s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 3 days (all we have)−1.117%−$112 · spread now +0.097%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.145% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LAB-USDT | 0.05665 | 0.0248 | pay 0.0124% / 4h | 2h 56m | $599K | $62K | 10x |
| Short | Binance LABUSDT | 0.05670 | 0.0287 | get 0.0144% / 4h | 2h 56m | $13.9M | $14.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $8.33
- Price spread: +0.097% → −0.048%
- $14.52
- Slippage, 4 orders
- −$38.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.28
- Costs to cover
- 0.601%
- Break-even
- 38.3 days
Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 15 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 BloFin live order book, 30 min ago | 0.88 bp | 16.3 bp −$16 | 61.8 bp −$618 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.88 bp | 19.4 bp −$19 | 98.5 bp −$985 | 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 | 0.05670 | +0.088% | $4.2M | $2.3M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05664 | −0.018% | $3.3M | $1.7M | 20x | as long as short |
| KuCoin LABUSDTM | +0.0100% | 4h | 0.05663 | −0.035% | $1.9M | $1.5M | 10x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05685 | +0.355% | $79K | $417 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05650 | −0.265% | $1K | $933K | 20x | as long as short |
| Bitget LABUSDT | +0.0158% | 4h | 0.05660 | −0.088% | $3.0M | $813K | 10x | as long as short |
| OKX LAB-USDT-SWAP | +0.0228% | 4h | 0.05672 | +0.124% | $3.9M | $6.7M | 10x | as long as short |
| BloFin LAB-USDTlong | +0.0248% | 4h | 0.05665 | long leg | $599K | $62K | 10x | |
| Binance LABUSDTshort | +0.0287% | 4h | 0.05670 | +0.097% | $13.9M | $14.0M | 10x | |
| Aster LABUSDT | +0.0292% | 4h | 0.05660 | −0.080% | $46K | $64K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LAB_USDT | +0.0298% | 4h | 0.05664 | −0.018% | $4.8M | $1.1M | 20x | as long as short |
| edgeX LABUSDC | +0.0322% | 4h | 0.05681 | +0.289% | $13K | $178K | 10x | as long as short |
| BingX LAB-USDT | +0.0330% | 4h | 0.05671 | +0.106% | — | $1.6M | — | as long as short |
| HTX LAB-USDT | +0.0587% | 4h | 0.05693 | +0.494% | $72K | $59K | 20x | as long as short |
BloFin LAB-USDT
Binance LABUSDT
Bybit LABUSDT
Gate LAB_USDT
KuCoin LABUSDTM
Variational Omni LAB
SunX LAB-USDT
Bitget LABUSDT
OKX LAB-USDT-SWAP
Aster LABUSDT
MEXC LAB_USDT
edgeX LABUSDC
BingX LAB-USDT
HTX LAB-USDT