Funding arb · Price arb /

LAB

all LAB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against SunX+0.085%46s7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2052.047% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.085%, 7d avg +0.052%

Together, before fees−0.235%−$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.033% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.052%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LAB-USDT	0.05870	0.0100	pay 0.0050% / 4h	2h 16m	$1K	$1.2M	20x
Short	Bybit LABUSDT	0.05875	0.0100	get 0.0050% / 4h	2h 16m	$4.4M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee SunXbpFee BybitbpOrdersPrice spread, now +0.085%Rate

Funding earned: $0
Price spread: +0.085% → +0.052%: $3.34
Slippage, 4 orders: −$185.71
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$201.37
Costs to cover: 2.047%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; Bybit: 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 SunX live order book, 7 min ago	34.36 bp	57.9 bp −$58	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	8.51 bp	46.9 bp −$47	445.6 bp −$4,456	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	0.05875	+0.085%	$4.4M	$2.7M	20x
Gate LAB_USDT	+0.0100%	4h	0.05873	+0.051%	$3.4M	$2.0M	20x	as long as short
Variational Omni LAB	+0.0100%	4h	0.05834	−0.614%	$81K	$530	—	as long as short
SunX LAB-USDTlong	+0.0100%	4h	0.05870	long leg	$1K	$1.2M	20x
HTX LAB-USDT	+0.0100%	4h	0.05875	+0.085%	$73K	$51K	20x	as long as short
KuCoin LABUSDTM	+0.0134%	4h	0.05872	+0.034%	$2.0M	$1.6M	10x	as long as short
edgeX LABUSDC	+0.0204%	4h	0.05834	−0.615%	$13K	$184K	10x	as long as short
Bitget LABUSDT	+0.0218%	4h	0.05880	+0.170%	$3.1M	$893K	10x	as long as short
Aster LABUSDT	+0.0221%	4h	0.05877	+0.117%	$48K	$77K	5x	as long as short
BloFin LAB-USDT	+0.0224%	4h	0.05876	+0.102%	$621K	$70K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC LAB_USDT	+0.0232%	4h	0.05874	+0.068%	$4.9M	$1.1M	20x	as long as short
Binance LABUSDT	+0.0233%	4h	0.05874	+0.068%	$14.5M	$15.5M	10x	as long as short
BingX LAB-USDT	+0.0332%	4h	0.05877	+0.119%	—	$1.7M	—	as long as short
OKX LAB-USDT-SWAP	+0.0350%	4h	0.05871	+0.017%	$4.0M	$7.2M	10x	as long as short