Funding you earn now, next payment 00:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against OKX−0.087%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$388as in the Price arb table
costs, in and out, $10k−$3833.831% of the position
Funding, last 7 days+0.699%+$70 on $10k
+Price spread, last 7 days+0.123%+$12 · spread now −0.087%, 7d avg −0.042%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.045% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.042%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.699%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LAB-USDT-SWAP | 0.05755 | 0.0208 | pay 0.0104% / 4h | 3h 30m | $4.0M | $6.8M | 10x |
| Short | KuCoin LABUSDTM | 0.05750 | 0.0100 | get 0.0050% / 4h | 3h 30m | $1.9M | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- −$22.6
- Price spread: −0.087% → −0.042%
- −$4.46
- Slippage, 4 orders
- −$361.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$410.19
- Costs to cover
- 3.831%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 1 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, 3 min ago | 0.87 bp | 17.8 bp −$18 | 160.6 bp −$1,606 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.57 bp | 198.4 bp −$198 | doesn't fit | 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 LABUSDT | +0.0100% | 4h | 0.05750 | −0.087% | $4.2M | $2.3M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05750 | −0.087% | $3.3M | $1.7M | 20x | as long as short |
| KuCoin LABUSDTMshort | +0.0100% | 4h | 0.05750 | −0.087% | $1.9M | $1.5M | 10x | |
| Variational Omni LAB | +0.0100% | 4h | 0.05755 | +0.002% | $81K | $417 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05750 | −0.087% | $2K | $921K | 20x | as long as short |
| OKX LAB-USDT-SWAPlong | +0.0208% | 4h | 0.05755 | long leg | $4.0M | $6.8M | 10x | |
| Bitget LABUSDT | +0.0216% | 4h | 0.05750 | −0.087% | $3.0M | $807K | 10x | as long as short |
| BingX LAB-USDT | +0.0414% | 4h | 0.05754 | −0.017% | — | $1.6M | — | as long as short |
| MEXC LAB_USDT | +0.0432% | 4h | 0.05754 | −0.017% | $4.9M | $1.1M | 20x | as long as short |
| Binance LABUSDT | +0.0434% | 4h | 0.05755 | 0.000% | $14.2M | $14.0M | 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 | +0.0435% | 4h | 0.05751 | −0.070% | $47K | $64K | 5x | as long as short |
| edgeX LABUSDC | +0.0457% | 4h | 0.05753 | −0.030% | $13K | $180K | 10x | as long as short |
| BloFin LAB-USDT | +0.0480% | 4h | 0.05755 | 0.000% | $606K | $65K | 10x | as long as short |
| HTX LAB-USDT | +0.0505% | 4h | 0.05783 | +0.487% | $73K | $60K | 20x | as long as short |
OKX LAB-USDT-SWAP
KuCoin LABUSDTM
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
Bitget LABUSDT
BingX LAB-USDT
MEXC LAB_USDT
Binance LABUSDT
Aster LABUSDT
edgeX LABUSDC
BloFin LAB-USDT
HTX LAB-USDT