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−0.0386%/8h= −42.2% APRnext payment $1.93 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against Binance−0.009%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.657% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.189%−$19 on $10k
Price spread, last 7 days−0.048%−$5 · spread now −0.009%, 7d avg −0.011%
Together, before fees−0.237%−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.189% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LABUSDT0.057950.0786pay 0.0393% / 4h3h 01m$14.4M$16.9M10x
ShortOKX LAB-USDT-SWAP0.057940.0400get 0.0200% / 4h3h 01m$4.0M$7.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
−$81.03
Price spread: −0.009% → −0.011%
$0.22
Slippage, 4 orders
−$45.73
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$146.54
Costs to cover
0.657%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; OKX: live order book, 1 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 Binance live order book, 9 min ago0.86 bp14.1 bp −$14121.3 bp −$1,213doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.86 bp16.3 bp −$16134.5 bp −$1,345doesn't fitdoesn'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%4h0.05794−0.009%$4.3M$3.0M20xas long as short
Gate LAB_USDT+0.0100%4h0.05792−0.043%$3.4M$2.1M20xas long as short
KuCoin LABUSDTM+0.0100%4h0.05786−0.147%$1.9M$1.7M10xas long as short
Variational Omni LAB+0.0100%4h0.05804+0.165%$90K$17Kas long as short
SunX LAB-USDT+0.0100%4h0.05790−0.078%$2K$1.3M20xas long as short
Bitget LABUSDT+0.0208%4h0.05790−0.078%$3.0M$899K10xas long as short
OKX LAB-USDT-SWAPshort+0.0400%4h0.05794−0.009%$4.0M$7.7M10x
HTX LAB-USDT+0.0456%4h0.05815+0.354%$72K$36K20xas long as short
Aster LABUSDT+0.0716%4h0.05795+0.015%$48K$82K5xas long as short
BloFin LAB-USDT+0.0761%4h0.05812+0.302%$627K$81K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LAB-USDT+0.0778%4h0.05795+0.009%$1.7Mas long as short
Binance LABUSDTlong+0.0786%4h0.05795long leg$14.4M$16.9M10x
MEXC LAB_USDT+0.0786%4h0.05793−0.026%$4.9M$1.2M20xas long as short
edgeX LABUSDC+0.0810%4h0.05806+0.206%$13K$186K10xas long as short