Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.087%
Price spread now: Binance against Bybit−0.051%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1201.199% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.051%, 7d avg −0.001%
=Funding pays, the price is against you. Binance is 0.050% cheaper against Bybit than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.001%). If the spread goes back, that is −$5 on $10k: about 3.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.326% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LABUSDT | 0.05860 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $4.4M | $2.7M | 20x |
| Short | Binance LABUSDT | 0.05857 | 0.0145 | get 0.0072% / 4h | 2h 43m | $14.5M | $15.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $9.37
- Price spread: −0.051% → −0.001%
- −$5.04
- Slippage, 4 orders
- −$98.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.56
- Costs to cover
- 1.199%
- Break-even
- 93.3 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 12 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 Bybit live order book, 4 min ago | 8.51 bp | 48.9 bp −$49 | 674.7 bp −$6,747 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.86 bp | 17.1 bp −$17 | 94.3 bp −$943 | 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 LABUSDTlong | +0.0100% | 4h | 0.05860 | long leg | $4.4M | $2.7M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05857 | −0.051% | $3.4M | $1.9M | 20x | as long as short |
| KuCoin LABUSDTM | +0.0100% | 4h | 0.05853 | −0.119% | $2.0M | $1.6M | 10x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05874 | +0.238% | $82K | $369 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05860 | 0.000% | $2K | $1.1M | 20x | as long as short |
| HTX LAB-USDT | +0.0100% | 4h | 0.05868 | +0.137% | $73K | $51K | 20x | as long as short |
| Aster LABUSDT | +0.0122% | 4h | 0.05857 | −0.045% | $49K | $75K | 5x | as long as short |
| MEXC LAB_USDT | +0.0144% | 4h | 0.05857 | −0.051% | $5.0M | $1.1M | 20x | as long as short |
| Binance LABUSDTshort | +0.0145% | 4h | 0.05857 | −0.051% | $14.5M | $15.3M | 10x | |
| BloFin LAB-USDT | +0.0156% | 4h | 0.05870 | +0.171% | $629K | $69K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX LABUSDC | +0.0157% | 4h | 0.05871 | +0.185% | $13K | $184K | 10x | as long as short |
| Bitget LABUSDT | +0.0206% | 4h | 0.05850 | −0.171% | $3.1M | $883K | 10x | as long as short |
| OKX LAB-USDT-SWAP | +0.0334% | 4h | 0.05852 | −0.137% | $4.0M | $7.1M | 10x | as long as short |
| BingX LAB-USDT | +0.0348% | 4h | 0.05856 | −0.068% | — | $1.7M | — | as long as short |
Bybit LABUSDT
Binance LABUSDT
Gate LAB_USDT
KuCoin LABUSDTM
Variational Omni LAB
SunX LAB-USDT
HTX LAB-USDT
Aster LABUSDT
MEXC LAB_USDT
BloFin LAB-USDT
edgeX LABUSDC
Bitget LABUSDT
OKX LAB-USDT-SWAP
BingX LAB-USDT