Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Bitget−0.175%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1481.478% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.275%+$27 · spread now −0.175%, 7d avg +0.051%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.227% cheaper against Bitget than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LABUSDT | 0.05700 | 0.0158 | pay 0.0079% / 4h | 2h 32m | $3.0M | $809K | 10x |
| Short | Bybit LABUSDT | 0.05690 | 0.0100 | get 0.0050% / 4h | 2h 32m | $4.2M | $2.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$12.18
- Price spread: −0.175% → +0.051%
- −$22.68
- Slippage, 4 orders
- −$124.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$182.7
- Costs to cover
- 1.478%
- Break-even
- never at this rate
Slippage from Bitget: live order book, just now; Bybit: live order book, just now.
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 Bitget live order book, just now | 8.78 bp | 29.0 bp −$29 | 376.8 bp −$3,768 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 8.78 bp | 49.3 bp −$49 | 573.6 bp −$5,736 | 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 | 0.05690 | −0.175% | $4.2M | $2.3M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05693 | −0.123% | $3.3M | $1.7M | 20x | as long as short |
| KuCoin LABUSDTM | +0.0100% | 4h | 0.05696 | −0.070% | $1.9M | $1.5M | 10x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05695 | −0.091% | $79K | $417 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05690 | −0.175% | $1K | $937K | 20x | as long as short |
| Bitget LABUSDTlong | +0.0158% | 4h | 0.05700 | long leg | $3.0M | $809K | 10x | |
| BloFin LAB-USDT | +0.0181% | 4h | 0.05696 | −0.070% | $599K | $62K | 10x | as long as short |
| edgeX LABUSDC | +0.0221% | 4h | 0.05696 | −0.078% | $13K | $180K | 10x | as long as short |
| MEXC LAB_USDT | +0.0240% | 4h | 0.05692 | −0.140% | $4.8M | $1.1M | 20x | as long as short |
| Binance LABUSDT | +0.0253% | 4h | 0.05693 | −0.114% | $14.0M | $13.9M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster LABUSDT | +0.0263% | 4h | 0.05692 | −0.140% | $46K | $60K | 5x | as long as short |
| BingX LAB-USDT | +0.0296% | 4h | 0.05695 | −0.088% | — | $1.6M | — | as long as short |
| OKX LAB-USDT-SWAP | +0.0309% | 4h | 0.05695 | −0.088% | $3.9M | $6.7M | 10x | as long as short |
| HTX LAB-USDT | +0.0509% | 4h | 0.05728 | +0.491% | $72K | $51K | 20x | as long as short |
Bitget LABUSDT
Bybit LABUSDT
Gate LAB_USDT
KuCoin LABUSDTM
Variational Omni LAB
SunX LAB-USDT
BloFin LAB-USDT
edgeX LABUSDC
MEXC LAB_USDT
Binance LABUSDT
Aster LABUSDT
BingX LAB-USDT
OKX LAB-USDT-SWAP
HTX LAB-USDT