Funding you earn now, next payment 04:00 UTC+0.0214%/8h= +23.4% APRnext payment +$1.07 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against Gate−0.035%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1251.254% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now −0.035%, 7d avg +0.052%
=Funding pays, the price is against you. Bitget is 0.087% cheaper against Gate than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.052%). If the spread goes back, that is −$9 on $10k: about 33 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.050% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.07 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 | Gate LAB_USDT | 0.05682 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $3.3M | $1.7M | 20x |
| Short | Bitget LABUSDT | 0.05680 | 0.0314 | get 0.0157% / 4h | 1h 43m | $3.0M | $836K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $44.94
- Price spread: −0.035% → +0.052%
- −$8.71
- Slippage, 4 orders
- −$98.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$89.2
- Costs to cover
- 1.254%
- Break-even
- 20.9 days
Slippage from Gate: live order book, 4 min ago; Bitget: 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 Gate live order book, 4 min ago | 3.52 bp | 32.3 bp −$32 | 62.1 bp −$621 | 82.6 bp −$8,260 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 8.81 bp | 21.1 bp −$21 | 437.1 bp −$4,371 | 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 | 0.05690 | +0.141% | $4.2M | $2.4M | 20x | as long as short |
| Gate LAB_USDTlong | +0.0100% | 4h | 0.05682 | long leg | $3.3M | $1.7M | 20x | |
| Variational Omni LAB | +0.0100% | 4h | 0.05674 | −0.141% | $79K | $370 | — | as long as short |
| SunX LAB-USDT | +0.0100% | 4h | 0.05680 | −0.035% | $1K | $1.0M | 20x | as long as short |
| HTX LAB-USDT | +0.0100% | 4h | 0.05693 | +0.194% | $71K | $50K | 20x | as long as short |
| KuCoin LABUSDTM | +0.0196% | 4h | 0.05689 | +0.123% | $1.9M | $1.6M | 10x | as long as short |
| OKX LAB-USDT-SWAP | +0.0267% | 4h | 0.05694 | +0.211% | $3.9M | $6.5M | 10x | as long as short |
| Bitget LABUSDTshort | +0.0314% | 4h | 0.05680 | −0.035% | $3.0M | $836K | 10x | |
| MEXC LAB_USDT | +0.0346% | 4h | 0.05690 | +0.141% | $4.9M | $1.1M | 20x | as long as short |
| Binance LABUSDT | +0.0350% | 4h | 0.05692 | +0.179% | $14.0M | $14.2M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LAB-USDT | +0.0359% | 4h | 0.05684 | +0.035% | $605K | $68K | 10x | as long as short |
| Aster LABUSDT | +0.0367% | 4h | 0.05684 | +0.042% | $47K | $66K | 5x | as long as short |
| BingX LAB-USDT | +0.0368% | 4h | 0.05688 | +0.106% | — | $1.6M | — | as long as short |
| edgeX LABUSDC | +0.0380% | 4h | 0.05681 | −0.021% | $13K | $182K | 10x | as long as short |
Gate LAB_USDT
Bitget LABUSDT
Bybit LABUSDT
Variational Omni LAB
SunX LAB-USDT
HTX LAB-USDT
KuCoin LABUSDTM
OKX LAB-USDT-SWAP
MEXC LAB_USDT
Binance LABUSDT
BloFin LAB-USDT
Aster LABUSDT
BingX LAB-USDT
edgeX LABUSDC