Funding you earn now, next payment 04:00 UTC−0.0140%/8h= −15.4% APRnext payment −$0.70 per $10,000 · paid last 24h −0.060%
Price spread now: SunX against OKX+0.122%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1471.474% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 3 days (all we have)−0.035%−$4 · spread now +0.122%, 7d avg −0.077%
=The price spread pays, funding is against you. SunX is 0.199% dearer against OKX than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of −0.077%): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 7 days (−0.140% in total) that is about 9.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LAB-USDT-SWAP | 0.05723 | 0.0240 | pay 0.0120% / 4h | 2h 29m | $3.9M | $6.6M | 10x |
| Short | SunX LAB-USDT | 0.05730 | 0.0100 | get 0.0050% / 4h | 2h 29m | $1K | $1.0M | 20x |
OKX LAB-USDT-SWAP
SunX LAB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$29.5
- Price spread: +0.122% → −0.077%
- $19.9
- Slippage, 4 orders
- −$129.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$157
- Costs to cover
- 1.474%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; SunX: live order book, 3 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, 4 min ago | 0.87 bp | 21.4 bp −$21 | 202.2 bp −$2,022 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 34.84 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
LAB on 13 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 | 0.05720 | −0.052% | $4.2M | $2.4M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05725 | +0.035% | $3.3M | $1.7M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05724 | +0.019% | $80K | $370 | — | as long as short |
| SunX LAB-USDTshort | +0.0100% | 4h | 0.05730 | +0.122% | $1K | $1.0M | 20x | |
| HTX LAB-USDT | +0.0171% | 4h | 0.05735 | +0.210% | $72K | $49K | 20x | as long as short |
| KuCoin LABUSDTM | +0.0182% | 4h | 0.05727 | +0.070% | $1.9M | $1.6M | 10x | as long as short |
| OKX LAB-USDT-SWAPlong | +0.0240% | 4h | 0.05723 | long leg | $3.9M | $6.6M | 10x | |
| Bitget LABUSDT | +0.0290% | 4h | 0.05730 | +0.122% | $3.0M | $822K | 10x | as long as short |
| BingX LAB-USDT | +0.0364% | 4h | 0.05724 | +0.017% | — | $1.6M | — | as long as short |
| MEXC LAB_USDT | +0.0368% | 4h | 0.05729 | +0.105% | $4.9M | $1.1M | 20x | as long as short |
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
HTX LAB-USDT
KuCoin LABUSDTM
Bitget LABUSDT
BingX LAB-USDT
MEXC LAB_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LABUSDT | +0.0373% | 4h | 0.05720 | −0.052% | $14.0M | $14.3M | 10x | as long as short |
| Aster LABUSDT | +0.0380% | 4h | 0.05725 | +0.035% | $47K | $66K | 5x | as long as short |
| edgeX LABUSDC | +0.0385% | 4h | 0.05726 | +0.056% | $13K | $182K | 10x | as long as short |
Binance LABUSDT
Aster LABUSDT
edgeX LABUSDC