Funding you earn now, next payment 04:00 UTC−0.0268%/8h= −29.3% APRnext payment −$1.34 per $10,000 · paid last 24h −0.085%
Price spread now: Bybit against BingX−0.052%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$990.989% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.052%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.064% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LAB-USDT | 0.05743 | 0.0368 | pay 0.0184% / 4h | 2h 28m | — | $1.6M | — |
| Short | Bybit LABUSDT | 0.05740 | 0.0100 | get 0.0050% / 4h | 2h 28m | $4.2M | $2.4M | 20x |
BingX LAB-USDT
Bybit LABUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$56.28
- Price spread: −0.052% → +0.012%
- −$6.39
- Slippage, 4 orders
- −$77.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$161.52
- Costs to cover
- 0.989%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 4 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 BingX live order book, 9 min ago | 0.87 bp | 9.7 bp −$10 | 21.8 bp −$218 | 135.5 bp −$13.6K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 8.72 bp | 36.0 bp −$36 | 546.1 bp −$5,461 | doesn't fit | doesn't fit |
LAB on 13 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 | 0.05740 | −0.052% | $4.2M | $2.4M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05730 | −0.226% | $3.3M | $1.7M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05724 | −0.329% | $80K | $370 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05730 | −0.226% | $2K | $1.0M | 20x | as long as short |
| HTX LAB-USDT | +0.0186% | 4h | 0.05739 | −0.070% | $72K | $49K | 20x | as long as short |
| KuCoin LABUSDTM | +0.0194% | 4h | 0.05729 | −0.244% | $1.9M | $1.6M | 10x | as long as short |
| OKX LAB-USDT-SWAP | +0.0248% | 4h | 0.05745 | +0.035% | $3.9M | $6.6M | 10x | as long as short |
| Bitget LABUSDT | +0.0288% | 4h | 0.05730 | −0.226% | $3.0M | $823K | 10x | as long as short |
| BingX LAB-USDTlong | +0.0368% | 4h | 0.05743 | long leg | — | $1.6M | — | |
| MEXC LAB_USDT | +0.0372% | 4h | 0.05735 | −0.139% | $4.9M | $1.1M | 20x | as long as short |
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
HTX LAB-USDT
KuCoin LABUSDTM
OKX LAB-USDT-SWAP
Bitget LABUSDT
MEXC LAB_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LABUSDT | +0.0373% | 4h | 0.05743 | −0.003% | $14.1M | $14.3M | 10x | as long as short |
| Aster LABUSDT | +0.0385% | 4h | 0.05725 | −0.313% | $47K | $66K | 5x | as long as short |
| edgeX LABUSDC | +0.0385% | 4h | 0.05726 | −0.292% | $13K | $182K | 10x | as long as short |
Binance LABUSDT
Aster LABUSDT
edgeX LABUSDC