Funding you earn now, next payment 12:00 UTC+0.0550%/8h= +60.2% APRnext payment +$2.75 per $10,000 · paid last 24h +0.098%
Price spread now: BloFin against SunX+0.035%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.035%, 7d avg +0.112%
=Funding pays, the price is against you. BloFin is 0.078% cheaper against SunX than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.112%). If the spread goes back, that is −$8 on $10k: about 11 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.350% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.350% in total (about 18.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.75 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX LAB-USDT | 0.05790 | 0.0100 | pay 0.0050% / 4h | 48m 30s | $2K | $1.4M | 20x |
| Short | BloFin LAB-USDT | 0.05792 | 0.0650 | get 0.0325% / 4h | 48m 30s | $630K | $93K | 10x |
SunX LAB-USDT
BloFin LAB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- $115.44
- Price spread: +0.035% → +0.112%
- −$7.77
- Slippage, 4 orders
- −$124.88
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$37.21
- Costs to cover
- 1.449%
- Break-even
- 9.3 days
Slippage from SunX: live order book, 9 min ago; BloFin: live order book, 56 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 SunX live order book, 9 min ago | 34.19 bp | 51.8 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 1.75 bp | 21.3 bp −$21 | 58.2 bp −$582 | doesn't fit | doesn't fit |
LAB on 14 exchanges
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 | 0.05810 | +0.345% | $4.3M | $3.2M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05805 | +0.259% | $3.4M | $2.1M | 20x | as long as short |
| KuCoin LABUSDTM | +0.0100% | 4h | 0.05800 | +0.173% | $1.9M | $1.7M | 10x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05813 | +0.405% | $81K | $26K | — | as long as short |
| SunX LAB-USDTlong | +0.0100% | 4h | 0.05790 | long leg | $2K | $1.4M | 20x | |
| Bitget LABUSDT | +0.0172% | 4h | 0.05810 | +0.345% | $3.0M | $869K | 10x | as long as short |
| HTX LAB-USDT | +0.0340% | 4h | 0.05804 | +0.242% | $71K | $41K | 20x | as long as short |
| OKX LAB-USDT-SWAP | +0.0463% | 4h | 0.05808 | +0.311% | $4.0M | $8.0M | 10x | as long as short |
| Binance LABUSDT | +0.0599% | 4h | 0.05813 | +0.396% | $14.3M | $16.8M | 10x | as long as short |
| MEXC LAB_USDT | +0.0614% | 4h | 0.05810 | +0.345% | $4.9M | $1.2M | 20x | as long as short |
Bybit LABUSDT
Gate LAB_USDT
KuCoin LABUSDTM
Variational Omni LAB
Bitget LABUSDT
HTX LAB-USDT
OKX LAB-USDT-SWAP
Binance LABUSDT
MEXC LAB_USDTShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster LABUSDT | +0.0624% | 4h | 0.05805 | +0.258% | $48K | $82K | 5x | as long as short |
| BingX LAB-USDT | +0.0626% | 4h | 0.05812 | +0.380% | — | $1.7M | — | as long as short |
| BloFin LAB-USDTshort | +0.0650% | 4h | 0.05792 | +0.035% | $630K | $93K | 10x | |
| edgeX LABUSDC | +0.0651% | 4h | 0.05812 | +0.380% | $13K | $187K | 10x | as long as short |
Aster LABUSDT
BingX LAB-USDT
edgeX LABUSDC