Funding you earn now, next payment 00:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h +0.064%
Price spread now: OKX against SunX+0.141%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1611.608% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 3 days (all we have)−0.449%−$45 · spread now +0.141%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.063% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.079%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.96 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 | SunX LAB-USDT | 0.05660 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $1K | $938K | 20x |
| Short | OKX LAB-USDT-SWAP | 0.05668 | 0.0292 | get 0.0146% / 4h | 2h 39m | $3.9M | $6.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against SunX. 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
- $40.34
- Price spread: +0.141% → +0.079%
- $6.28
- Slippage, 4 orders
- −$142.8
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$114.18
- Costs to cover
- 1.608%
- Break-even
- 26.8 days
Slippage from SunX: live order book, 43 min ago; OKX: live order book, 4 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 SunX live order book, 43 min ago | 35.03 bp | 58.9 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.88 bp | 15.5 bp −$15 | 145.4 bp −$1,454 | 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 | 0.05660 | 0.000% | $4.2M | $2.3M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05664 | +0.071% | $3.3M | $1.7M | 20x | as long as short |
| KuCoin LABUSDTM | +0.0100% | 4h | 0.05664 | +0.071% | $1.9M | $1.5M | 10x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05675 | +0.266% | $79K | $417 | — | as long as short |
| SunX LAB-USDTlong | +0.0100% | 4h | 0.05660 | long leg | $1K | $938K | 20x | |
| Bitget LABUSDT | +0.0132% | 4h | 0.05670 | +0.177% | $3.0M | $822K | 10x | as long as short |
| Binance LABUSDT | +0.0231% | 4h | 0.05668 | +0.141% | $13.9M | $14.0M | 10x | as long as short |
| Aster LABUSDT | +0.0232% | 4h | 0.05665 | +0.085% | $46K | $60K | 5x | as long as short |
| MEXC LAB_USDT | +0.0240% | 4h | 0.05668 | +0.141% | $4.8M | $1.1M | 20x | as long as short |
| edgeX LABUSDC | +0.0257% | 4h | 0.05667 | +0.125% | $13K | $179K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LAB-USDT | +0.0278% | 4h | 0.05667 | +0.124% | $595K | $62K | 10x | as long as short |
| BingX LAB-USDT | +0.0288% | 4h | 0.05665 | +0.088% | — | $1.6M | — | as long as short |
| OKX LAB-USDT-SWAPshort | +0.0292% | 4h | 0.05668 | +0.141% | $3.9M | $6.7M | 10x | |
| HTX LAB-USDT | +0.0558% | 4h | 0.05701 | +0.724% | $72K | $51K | 20x | as long as short |
SunX LAB-USDT
OKX LAB-USDT-SWAP
Bybit LABUSDT
Gate LAB_USDT
KuCoin LABUSDTM
Variational Omni LAB
Bitget LABUSDT
Binance LABUSDT
Aster LABUSDT
MEXC LAB_USDT
edgeX LABUSDC
BloFin LAB-USDT
BingX LAB-USDT
HTX LAB-USDT