Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.060%
Price spread now: OKX against Bybit+0.018%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1541.540% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.018%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LABUSDT | 0.05690 | 0.0100 | pay 0.0050% / 4h | 3h 35m | $4.2M | $2.3M | 20x |
| Short | OKX LAB-USDT-SWAP | 0.05691 | 0.0204 | get 0.0102% / 4h | 3h 35m | $3.9M | $6.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $21.84
- Price spread: +0.018% → −0.012%
- $2.96
- Slippage, 4 orders
- −$133
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$129.19
- Costs to cover
- 1.540%
- Break-even
- 48.4 days
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 3 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 Bybit live order book, 2 min ago | 8.78 bp | 65.8 bp −$66 | 684.9 bp −$6,849 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.88 bp | 21.9 bp −$22 | 149.3 bp −$1,493 | 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 LABUSDTlong | +0.0100% | 4h | 0.05690 | long leg | $4.2M | $2.3M | 20x | |
| Gate LAB_USDT | +0.0100% | 4h | 0.05693 | +0.053% | $3.3M | $1.7M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05704 | +0.248% | $80K | $417 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05690 | 0.000% | $1K | $983K | 20x | as long as short |
| Bitget LABUSDT | +0.0174% | 4h | 0.05700 | +0.176% | $3.0M | $797K | 10x | as long as short |
| OKX LAB-USDT-SWAPshort | +0.0204% | 4h | 0.05691 | +0.018% | $3.9M | $6.6M | 10x | |
| BloFin LAB-USDT | +0.0221% | 4h | 0.05697 | +0.123% | $597K | $63K | 10x | as long as short |
| HTX LAB-USDT | +0.0239% | 4h | 0.05708 | +0.316% | $72K | $49K | 20x | as long as short |
| MEXC LAB_USDT | +0.0250% | 4h | 0.05700 | +0.176% | $4.8M | $1.1M | 20x | as long as short |
| Binance LABUSDT | +0.0250% | 4h | 0.05697 | +0.123% | $14.0M | $14.1M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LABUSDTM | +0.0252% | 4h | 0.05699 | +0.158% | $1.9M | $1.5M | 10x | as long as short |
| BingX LAB-USDT | +0.0262% | 4h | 0.05705 | +0.264% | — | $1.6M | — | as long as short |
| edgeX LABUSDC | +0.0265% | 4h | 0.05696 | +0.100% | $13K | $181K | 10x | as long as short |
| Aster LABUSDT | +0.0284% | 4h | 0.05696 | +0.098% | $47K | $66K | 5x | as long as short |
Bybit LABUSDT
OKX LAB-USDT-SWAP
Gate LAB_USDT
Variational Omni LAB
SunX LAB-USDT
Bitget LABUSDT
BloFin LAB-USDT
HTX LAB-USDT
MEXC LAB_USDT
Binance LABUSDT
KuCoin LABUSDTM
BingX LAB-USDT
edgeX LABUSDC
Aster LABUSDT