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

LAB

all LAB markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.069%+$7 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LABUSDT0.057370.0100pay 0.0050% / 4h3h 25m$4.2M$3.0M20x
ShortOKX LAB-USDT-SWAP0.057390.0384get 0.0192% / 4h3h 25m$4.0M$7.7M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago8.72 bp40.3 bp −$40469.4 bp −$4,694doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.87 bp18.8 bp −$19116.2 bp −$1,162doesn'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 LABUSDTlong+0.0100%4h0.05737long leg$4.2M$3.0M20x
Gate LAB_USDT+0.0100%4h0.05729−0.139%$3.3M$2.1M20xas long as short
KuCoin LABUSDTM+0.0100%4h0.05727−0.174%$1.9M$1.7M10xas long as short
Variational Omni LAB+0.0100%4h0.05734−0.054%$89K$17Kas long as short
SunX LAB-USDT+0.0100%4h0.05730−0.122%$1K$1.3M20xas long as short
Bitget LABUSDT+0.0226%4h0.05740+0.052%$3.0M$916K10xas long as short
OKX LAB-USDT-SWAPshort+0.0384%4h0.05739+0.035%$4.0M$7.7M10x
Aster LABUSDT+0.0433%4h0.05724−0.223%$47K$82K5xas long as short
BloFin LAB-USDT+0.0511%4h0.05729−0.139%$632K$79K10xas long as short
BingX LAB-USDT+0.0528%4h0.05735−0.035%$1.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC LAB_USDT+0.0540%4h0.05740+0.052%$4.8M$1.2M20xas long as short
Binance LABUSDT+0.0546%4h0.05741+0.066%$14.2M$17.0M10xas long as short
edgeX LABUSDC+0.0558%4h0.05722−0.254%$13K$186K10xas long as short
HTX LAB-USDT+0.0659%4h0.05736−0.017%$71K$36K20xas long as short