Settings8H · net · $10k
Funding arb · Price arb /

LAB

all LAB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0480%/8h= −52.6% APRnext payment $2.40 per $10,000 · paid last 24h −0.094%
Price spread now: Bybit against BingX−0.017%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.373%−$37 on $10k
Price spread, last 7 days+0.021%+$2 · spread now −0.017%, 7d avg +0.013%
Together, before fees−0.353%−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bybit is 0.031% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LAB-USDT0.058110.0580pay 0.0290% / 4h3h 18m$1.7M
ShortBybit LABUSDT0.058100.0100get 0.0050% / 4h3h 18m$4.3M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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

Funding earned
−$100.8
Price spread: −0.017% → +0.013%
−$3.06
Slippage, 4 orders
−$83.25
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$208.11
Costs to cover
1.042%
Break-even
never at this rate
Slippage from BingX: live order book, 14 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago2.62 bp11.8 bp −$1226.8 bp −$268128.4 bp −$12.8Kdoesn't fit
Sell Bybit live order book, 5 min ago8.66 bp28.7 bp −$29400.9 bp −$4,009doesn't fitdoesn't fit

LAB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LABUSDTshort+0.0100%4h0.05810−0.017%$4.3M$3.0M20x
Gate LAB_USDT+0.0100%4h0.05805−0.103%$3.4M$2.1M20xas long as short
KuCoin LABUSDTM+0.0100%4h0.05804−0.120%$1.9M$1.7M10xas long as short
Variational Omni LAB+0.0100%4h0.05794−0.290%$90K$17Kas long as short
SunX LAB-USDT+0.0100%4h0.05800−0.189%$2K$1.3M20xas long as short
Bitget LABUSDT+0.0236%4h0.05800−0.189%$3.0M$905K10xas long as short
OKX LAB-USDT-SWAP+0.0406%4h0.05806−0.086%$4.1M$7.8M10xas long as short
HTX LAB-USDT+0.0462%4h0.05808−0.052%$72K$36K20xas long as short
Aster LABUSDT+0.0554%4h0.05790−0.361%$47K$82K5xas long as short
edgeX LABUSDC+0.0557%4h0.05788−0.402%$13K$186K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LAB-USDT+0.0565%4h0.05804−0.120%$631K$80K10xas long as short
BingX LAB-USDTlong+0.0580%4h0.05811long leg$1.7M
MEXC LAB_USDT+0.0610%4h0.05809−0.034%$4.9M$1.2M20xas long as short
Binance LABUSDT+0.0648%4h0.05810−0.014%$14.4M$17.0M10xas long as short