LAB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0322%/8h= −35.2% APRnext payment −$1.61 per $10,000 · paid last 24h −0.059%

Price spread now: Bybit against OKX−0.120%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1081.083% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 7 days+0.164%+$16 · spread now −0.120%, 7d avg +0.011%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.132% cheaper against OKX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.011%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.149% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.61 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	OKX LAB-USDT-SWAP	0.05827	0.0422	pay 0.0211% / 4h	38m 08s	$4.0M	$7.5M	10x
Short	Bybit LABUSDT	0.05820	0.0100	get 0.0050% / 4h	38m 08s	$4.3M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now −0.120%Rate

Funding earned: −$67.54
Price spread: −0.120% → +0.011%: −$13.16
Slippage, 4 orders: −$87.3
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$189
Costs to cover: 1.083%
Break-even: never at this rate

Slippage from OKX: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	0.86 bp	21.9 bp −$22	159.8 bp −$1,598	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	8.57 bp	39.9 bp −$40	488.1 bp −$4,881	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	0.05820	−0.120%	$4.3M	$2.9M	20x
Gate LAB_USDT	+0.0100%	4h	0.05822	−0.086%	$3.4M	$2.0M	20x	as long as short
KuCoin LABUSDTM	+0.0100%	4h	0.05819	−0.137%	$1.9M	$1.7M	10x	as long as short
Variational Omni LAB	+0.0100%	4h	0.05824	−0.054%	$81K	$273	—	as long as short
SunX LAB-USDT	+0.0100%	4h	0.05830	+0.051%	$2K	$1.2M	20x	as long as short
HTX LAB-USDT	+0.0227%	4h	0.05844	+0.292%	$73K	$39K	20x	as long as short
Bitget LABUSDT	+0.0236%	4h	0.05830	+0.051%	$3.1M	$906K	10x	as long as short
OKX LAB-USDT-SWAPlong	+0.0422%	4h	0.05827	long leg	$4.0M	$7.5M	10x
BingX LAB-USDT	+0.0493%	4h	0.05823	−0.069%	—	$1.7M	—	as long as short
Aster LABUSDT	+0.0500%	4h	0.05820	−0.120%	$48K	$82K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LAB-USDT	+0.0526%	4h	0.05836	+0.154%	$625K	$74K	10x	as long as short
edgeX LABUSDC	+0.0527%	4h	0.05826	−0.012%	$14K	$184K	10x	as long as short
MEXC LAB_USDT	+0.0530%	4h	0.05828	+0.017%	$5.0M	$1.2M	20x	as long as short
Binance LABUSDT	+0.0532%	4h	0.05828	+0.017%	$14.4M	$16.3M	10x	as long as short