Funding you earn now, next payment 12:00 UTC+0.0284%/8h= +31.1% APRnext payment +$1.42 per $10,000 · paid last 24h +0.060%
Price spread now: OKX against Bybit+0.035%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1251.248% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 7 days−0.095%−$9 · spread now +0.035%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and OKX is 0.046% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.012%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.42 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 | Bybit LABUSDT | 0.05737 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $4.2M | $3.0M | 20x |
| Short | OKX LAB-USDT-SWAP | 0.05739 | 0.0384 | get 0.0192% / 4h | 3h 25m | $4.0M | $7.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $59.6
- Price spread: +0.035% → −0.012%
- $4.64
- Slippage, 4 orders
- −$103.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$60.53
- Costs to cover
- 1.248%
- Break-even
- 14.1 days
Slippage from Bybit: live order book, 2 min ago; OKX: 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 Bybit live order book, 2 min ago | 8.72 bp | 40.3 bp −$40 | 469.4 bp −$4,694 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.87 bp | 18.8 bp −$19 | 116.2 bp −$1,162 | 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 LABUSDTlong | +0.0100% | 4h | 0.05737 | long leg | $4.2M | $3.0M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05729 | −0.139% | $3.3M | $2.1M | 20x | as long as short |
| KuCoin LABUSDTM | +0.0100% | 4h | 0.05727 | −0.174% | $1.9M | $1.7M | 10x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05734 | −0.054% | $89K | $17K | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05730 | −0.122% | $1K | $1.3M | 20x | as long as short |
| Bitget LABUSDT | +0.0226% | 4h | 0.05740 | +0.052% | $3.0M | $916K | 10x | as long as short |
| OKX LAB-USDT-SWAPshort | +0.0384% | 4h | 0.05739 | +0.035% | $4.0M | $7.7M | 10x | |
| Aster LABUSDT | +0.0433% | 4h | 0.05724 | −0.223% | $47K | $82K | 5x | as long as short |
| BloFin LAB-USDT | +0.0511% | 4h | 0.05729 | −0.139% | $632K | $79K | 10x | as long as short |
| BingX LAB-USDT | +0.0528% | 4h | 0.05735 | −0.035% | — | $1.7M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LAB_USDT | +0.0540% | 4h | 0.05740 | +0.052% | $4.8M | $1.2M | 20x | as long as short |
| Binance LABUSDT | +0.0546% | 4h | 0.05741 | +0.066% | $14.2M | $17.0M | 10x | as long as short |
| edgeX LABUSDC | +0.0558% | 4h | 0.05722 | −0.254% | $13K | $186K | 10x | as long as short |
| HTX LAB-USDT | +0.0659% | 4h | 0.05736 | −0.017% | $71K | $36K | 20x | as long as short |
Bybit LABUSDT
OKX LAB-USDT-SWAP
Gate LAB_USDT
KuCoin LABUSDTM
Variational Omni LAB
SunX LAB-USDT
Bitget LABUSDT
Aster LABUSDT
BloFin LAB-USDT
BingX LAB-USDT
MEXC LAB_USDT
Binance LABUSDT
edgeX LABUSDC
HTX LAB-USDT