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

LAB

all LAB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0520%/8h= +56.9% APRnext payment +$2.60 per $10,000 · paid last 24h +0.094%
Price spread now: BingX against SunX+0.034%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.373%+$37 on $10k
Price spread, last 4 days (all we have)−0.784%−$78 · spread now +0.034%, 7d avg +0.058%
Together, before fees−0.411%−$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.024% cheaper against SunX than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.058%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.373% in total) that is about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LAB-USDT0.058400.0100pay 0.0050% / 4h3h 49m$2K$1.3M20x
ShortBingX LAB-USDT0.058420.0620get 0.0310% / 4h3h 49m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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
$109.2
Price spread: +0.034% → +0.058%
−$2.42
Slippage, 4 orders
−$107.14
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$18.37
Costs to cover
1.251%
Break-even
8.2 days
Slippage from SunX: live order book, 4 min ago; BingX: live order book, 12 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 SunX live order book, 4 min ago34.13 bp48.7 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago0.85 bp9.0 bp −$919.3 bp −$193104.8 bp −$10.5Kdoesn'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 LABUSDT+0.0100%4h0.05850+0.171%$4.3M$3.0M20xas long as short
Gate LAB_USDT+0.0100%4h0.05839−0.017%$3.4M$2.0M20xas long as short
KuCoin LABUSDTM+0.0100%4h0.05841+0.017%$1.9M$1.7M10xas long as short
Variational Omni LAB+0.0100%4h0.05844+0.069%$94K$13Kas long as short
SunX LAB-USDTlong+0.0100%4h0.05840long leg$2K$1.3M20x
Bitget LABUSDT+0.0254%4h0.05850+0.171%$3.1M$915K10xas long as short
OKX LAB-USDT-SWAP+0.0398%4h0.05850+0.171%$4.1M$7.8M10xas long as short
Aster LABUSDT+0.0530%4h0.05842+0.038%$48K$82K5xas long as short
BingX LAB-USDTshort+0.0620%4h0.05842+0.034%$1.7M
Binance LABUSDT+0.0634%4h0.05850+0.168%$14.6M$16.8M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC LAB_USDT+0.0636%4h0.05849+0.154%$5.0M$1.2M20xas long as short
BloFin LAB-USDT+0.0653%4h0.05849+0.154%$631K$77K10xas long as short
edgeX LABUSDC+0.0663%4h0.05865+0.422%$13K$185K10xas long as short
HTX LAB-USDT+0.0738%4h0.05851+0.188%$73K$39K20xas long as short