Funding you earn now, next payment 04:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.96 per $10,000 · paid last 24h −0.073%
Price spread now: Bybit against Binance+0.053%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1141.144% of the position
Funding, last 7 days−0.312%−$31 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now +0.053%, 7d avg −0.001%
=The price spread pays, funding is against you. Bybit is 0.054% dearer against Binance than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.001%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LABUSDT | 0.05651 | 0.0291 | pay 0.0146% / 4h | 46m 01s | $13.8M | $14.3M | 10x |
| Short | Bybit LABUSDT | 0.05654 | 0.0100 | get 0.0050% / 4h | 46m 01s | $4.2M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$40.16
- Price spread: +0.053% → −0.001%
- $5.37
- Slippage, 4 orders
- −$93.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$149.21
- Costs to cover
- 1.144%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 2 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 Binance live order book, 9 min ago | 0.88 bp | 14.8 bp −$15 | 113.2 bp −$1,132 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 8.87 bp | 37.5 bp −$37 | 600.1 bp −$6,001 | 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 | 0.05654 | +0.053% | $4.2M | $2.4M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05646 | −0.088% | $3.3M | $1.7M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05654 | +0.052% | $79K | $369 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05650 | −0.018% | $1K | $1.0M | 20x | as long as short |
| HTX LAB-USDT | +0.0100% | 4h | 0.05653 | +0.035% | $71K | $50K | 20x | as long as short |
| KuCoin LABUSDTM | +0.0226% | 4h | 0.05648 | −0.053% | $1.9M | $1.6M | 10x | as long as short |
| Bitget LABUSDT | +0.0234% | 4h | 0.05640 | −0.195% | $2.9M | $828K | 10x | as long as short |
| MEXC LAB_USDT | +0.0290% | 4h | 0.05652 | +0.018% | $4.8M | $1.1M | 20x | as long as short |
| Binance LABUSDTlong | +0.0291% | 4h | 0.05651 | long leg | $13.8M | $14.3M | 10x | |
| BloFin LAB-USDT | +0.0313% | 4h | 0.05641 | −0.177% | $600K | $64K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LAB-USDT-SWAP | +0.0322% | 4h | 0.05651 | 0.000% | $3.8M | $6.4M | 10x | as long as short |
| edgeX LABUSDC | +0.0324% | 4h | 0.05636 | −0.263% | $13K | $182K | 10x | as long as short |
| BingX LAB-USDT | +0.0324% | 4h | 0.05652 | +0.018% | — | $1.6M | — | as long as short |
| Aster LABUSDT | +0.0353% | 4h | 0.05643 | −0.149% | $46K | $65K | 5x | as long as short |
Binance LABUSDT
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
HTX LAB-USDT
KuCoin LABUSDTM
Bitget LABUSDT
MEXC LAB_USDT
BloFin LAB-USDT
OKX LAB-USDT-SWAP
edgeX LABUSDC
BingX LAB-USDT
Aster LABUSDT