Settings8H · net · $10k
Funding arb · Price arb /

LAB

all LAB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.025%
Price spread now: BingX against OKX−0.227%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$550.554% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 7 days+0.257%+$26 · spread now −0.227%, 7d avg 0.000%
Together, before fees+0.451%+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.227% cheaper against OKX than usual: you would sell low and buy high (spread −0.227% now, against its 7-day average of 0.000%). If the spread goes back, that is −$23 on $10k: about 2 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.194% in total) that is about 8.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LAB-USDT-SWAP0.057280.0268pay 0.0134% / 4h47m 23s$3.9M$6.8M10x
ShortBingX LAB-USDT0.057150.0280get 0.0140% / 4h47m 23s$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$2.59
Price spread: −0.227% → 0.000%
−$22.7
Slippage, 4 orders
−$35.37
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$75.48
Costs to cover
0.554%
Break-even
210.8 days
Slippage from OKX: live order book, 6 min ago; BingX: live order book, 10 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 OKX live order book, 6 min ago0.87 bp19.4 bp −$19151.1 bp −$1,511doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago1.74 bp9.6 bp −$1019.4 bp −$19491.4 bp −$9,142doesn'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%4h0.05726−0.035%$4.2M$2.3M20xas long as short
Gate LAB_USDT+0.0100%4h0.05724−0.070%$3.3M$1.7M20xas long as short
Variational Omni LAB+0.0100%4h0.05754+0.459%$81K$417as long as short
SunX LAB-USDT+0.0100%4h0.05720−0.140%$1K$960K20xas long as short
Bitget LABUSDT+0.0118%4h0.05730+0.035%$3.0M$809K10xas long as short
KuCoin LABUSDTM+0.0210%4h0.05724−0.070%$1.9M$1.5M10xas long as short
MEXC LAB_USDT+0.0212%4h0.05726−0.035%$4.8M$1.1M20xas long as short
Binance LABUSDT+0.0213%4h0.05727−0.017%$14.1M$14.0M10xas long as short
BloFin LAB-USDT+0.0214%4h0.05730+0.035%$602K$63K10xas long as short
edgeX LABUSDC+0.0235%4h0.05754+0.451%$13K$181K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LABUSDT+0.0244%4h0.05726−0.039%$45K$65K5xas long as short
OKX LAB-USDT-SWAPlong+0.0268%4h0.05728long leg$3.9M$6.8M10x
BingX LAB-USDTshort+0.0280%4h0.05715−0.227%$1.6M
HTX LAB-USDT+0.0527%4h0.05757+0.506%$73K$50K20xas long as short