LAB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0270%/8h= −29.6% APRnext payment −$1.35 per $10,000 · paid last 24h −0.060%

Price spread now: Bybit against OKX+0.018%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1261.257% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

Price spread, last 7 days−0.051%−$5 · spread now +0.018%, 7d avg +0.011%

Together, before fees−0.191%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LAB-USDT-SWAP	0.05703	0.0370	pay 0.0185% / 4h	1h 18m	$3.9M	$6.5M	10x
Short	Bybit LABUSDT	0.05704	0.0100	get 0.0050% / 4h	1h 18m	$4.2M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$56.7
Price spread: +0.018% → +0.011%: $0.68
Slippage, 4 orders: −$104.69
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$181.71
Costs to cover: 1.257%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago	0.88 bp	23.9 bp −$24	199.4 bp −$1,994	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	8.78 bp	47.0 bp −$47	596.6 bp −$5,966	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 LABUSDTshort	+0.0100%	4h	0.05704	+0.018%	$4.2M	$2.4M	20x
Gate LAB_USDT	+0.0100%	4h	0.05702	−0.018%	$3.3M	$1.8M	20x	as long as short
Variational Omni LAB	+0.0100%	4h	0.05714	+0.192%	$80K	$370	—	as long as short
SunX LAB-USDT	+0.0100%	4h	0.05700	−0.053%	$2K	$1.0M	20x	as long as short
HTX LAB-USDT	+0.0100%	4h	0.05703	0.000%	$71K	$50K	20x	as long as short
KuCoin LABUSDTM	+0.0212%	4h	0.05704	+0.018%	$1.9M	$1.6M	10x	as long as short
BloFin LAB-USDT	+0.0271%	4h	0.05710	+0.123%	$605K	$65K	10x	as long as short
Bitget LABUSDT	+0.0316%	4h	0.05710	+0.123%	$3.0M	$840K	10x	as long as short
edgeX LABUSDC	+0.0328%	4h	0.05706	+0.045%	$13K	$182K	10x	as long as short
MEXC LAB_USDT	+0.0330%	4h	0.05705	+0.035%	$4.8M	$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
Binance LABUSDT	+0.0337%	4h	0.05704	+0.024%	$14.0M	$14.2M	10x	as long as short
BingX LAB-USDT	+0.0352%	4h	0.05702	−0.018%	—	$1.6M	—	as long as short
OKX LAB-USDT-SWAPlong	+0.0370%	4h	0.05703	long leg	$3.9M	$6.5M	10x
Aster LABUSDT	+0.0390%	4h	0.05694	−0.161%	$47K	$66K	5x	as long as short