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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LABUSDT | 0.05795 | 0.0786 | pay 0.0393% / 4h | 3h 01m | $14.4M | $16.9M | 10x |
| Short | OKX LAB-USDT-SWAP | 0.05794 | 0.0400 | get 0.0200% / 4h | 3h 01m | $4.0M | $7.7M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 9 min ago | 0.86 bp | 14.1 bp −$14 | 121.3 bp −$1,213 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.86 bp | 16.3 bp −$16 | 134.5 bp −$1,345 | 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 | 0.05794 | −0.009% | $4.3M | $3.0M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05792 | −0.043% | $3.4M | $2.1M | 20x | as long as short |
| KuCoin LABUSDTM | +0.0100% | 4h | 0.05786 | −0.147% | $1.9M | $1.7M | 10x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05804 | +0.165% | $90K | $17K | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05790 | −0.078% | $2K | $1.3M | 20x | as long as short |
| Bitget LABUSDT | +0.0208% | 4h | 0.05790 | −0.078% | $3.0M | $899K | 10x | as long as short |
| OKX LAB-USDT-SWAPshort | +0.0400% | 4h | 0.05794 | −0.009% | $4.0M | $7.7M | 10x | |
| HTX LAB-USDT | +0.0456% | 4h | 0.05815 | +0.354% | $72K | $36K | 20x | as long as short |
| Aster LABUSDT | +0.0716% | 4h | 0.05795 | +0.015% | $48K | $82K | 5x | as long as short |
| BloFin LAB-USDT | +0.0761% | 4h | 0.05812 | +0.302% | $627K | $81K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LAB-USDT | +0.0778% | 4h | 0.05795 | +0.009% | — | $1.7M | — | as long as short |
| Binance LABUSDTlong | +0.0786% | 4h | 0.05795 | long leg | $14.4M | $16.9M | 10x | |
| MEXC LAB_USDT | +0.0786% | 4h | 0.05793 | −0.026% | $4.9M | $1.2M | 20x | as long as short |
| edgeX LABUSDC | +0.0810% | 4h | 0.05806 | +0.206% | $13K | $186K | 10x | as long as short |
Binance LABUSDT
OKX LAB-USDT-SWAP
Bybit LABUSDT
Gate LAB_USDT
KuCoin LABUSDTM
Variational Omni LAB
SunX LAB-USDT
Bitget LABUSDT
HTX LAB-USDT
Aster LABUSDT
BloFin LAB-USDT
BingX LAB-USDT
MEXC LAB_USDT
edgeX LABUSDC