Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.14 per $10,000 · paid last 24h +0.012%
Price spread now: Binance against OKX−0.127%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$730.733% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.127%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.140% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.012%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.171%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LAB-USDT-SWAP | 0.05752 | 0.0335 | pay 0.0168% / 4h | 1h 55m | $3.9M | $6.8M | 10x |
| Short | Binance LABUSDT | 0.05745 | 0.0306 | get 0.0153% / 4h | 1h 55m | $14.1M | $13.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$6.07
- Price spread: −0.127% → +0.012%
- −$13.97
- Slippage, 4 orders
- −$53.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.3
- Costs to cover
- 0.733%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.87 bp | 20.9 bp −$21 | 197.0 bp −$1,970 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.75 bp | 19.5 bp −$20 | 107.9 bp −$1,079 | 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 | 0.05742 | −0.174% | $4.2M | $2.3M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05746 | −0.104% | $3.4M | $1.7M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05745 | −0.130% | $80K | $417 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05740 | −0.209% | $1K | $945K | 20x | as long as short |
| Bitget LABUSDT | +0.0124% | 4h | 0.05760 | +0.139% | $3.0M | $803K | 10x | as long as short |
| KuCoin LABUSDTM | +0.0182% | 4h | 0.05745 | −0.122% | $1.9M | $1.5M | 10x | as long as short |
| edgeX LABUSDC | +0.0302% | 4h | 0.05727 | −0.431% | $13K | $179K | 10x | as long as short |
| MEXC LAB_USDT | +0.0306% | 4h | 0.05740 | −0.209% | $4.8M | $1.1M | 20x | as long as short |
| Binance LABUSDTshort | +0.0306% | 4h | 0.05745 | −0.127% | $14.1M | $13.9M | 10x | |
| BloFin LAB-USDT | +0.0312% | 4h | 0.05756 | +0.070% | $602K | $64K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LAB-USDT | +0.0332% | 4h | 0.05749 | −0.052% | — | $1.6M | — | as long as short |
| OKX LAB-USDT-SWAPlong | +0.0335% | 4h | 0.05752 | long leg | $3.9M | $6.8M | 10x | |
| Aster LABUSDT | +0.0358% | 4h | 0.05749 | −0.048% | $47K | $60K | 5x | as long as short |
| HTX LAB-USDT | +0.0429% | 4h | 0.05763 | +0.191% | $73K | $51K | 20x | as long as short |
OKX LAB-USDT-SWAP
Binance LABUSDT
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
Bitget LABUSDT
KuCoin LABUSDTM
edgeX LABUSDC
MEXC LAB_USDT
BloFin LAB-USDT
BingX LAB-USDT
Aster LABUSDT
HTX LAB-USDT