LAB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0218%/8h= −23.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.064%

Price spread now: Gate against OKX−0.052%7-day average −0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1211.213% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 7 days−0.049%−$5 · spread now −0.052%, 7d avg −0.091%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.038% dearer against OKX than usual: you sell high and buy low (spread −0.052% now, against its 7-day average of −0.091%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.132% in total) that is about 2.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 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	OKX LAB-USDT-SWAP	0.05729	0.0318	pay 0.0159% / 4h	2h 23m	$3.9M	$6.7M	10x
Short	Gate LAB_USDT	0.05726	0.0100	get 0.0050% / 4h	2h 23m	$3.3M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee OKXbpFee GatebpOrdersPrice spread, now −0.052%Rate

Funding earned: −$45.81
Price spread: −0.052% → −0.091%: $3.84
Slippage, 4 orders: −$96.31
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$163.29
Costs to cover: 1.213%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Gate: live order book, 5 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 OKX live order book, 5 min ago	0.88 bp	23.4 bp −$23	210.8 bp −$2,108	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.38 bp	38.5 bp −$39	61.8 bp −$618	85.0 bp −$8,497	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	0.05729	0.000%	$4.2M	$2.3M	20x	as long as short
Gate LAB_USDTshort	+0.0100%	4h	0.05726	−0.052%	$3.3M	$1.7M	20x
KuCoin LABUSDTM	+0.0100%	4h	0.05723	−0.105%	$1.9M	$1.5M	10x	as long as short
Variational Omni LAB	+0.0100%	4h	0.05705	−0.422%	$80K	$417	—	as long as short
SunX LAB-USDT	+0.0100%	4h	0.05730	+0.017%	$2K	$938K	20x	as long as short
Bitget LABUSDT	+0.0166%	4h	0.05730	+0.017%	$3.0M	$808K	10x	as long as short
edgeX LABUSDC	+0.0256%	4h	0.05703	−0.452%	$13K	$179K	10x	as long as short
MEXC LAB_USDT	+0.0266%	4h	0.05731	+0.035%	$4.8M	$1.1M	20x	as long as short
Binance LABUSDT	+0.0288%	4h	0.05729	0.000%	$14.1M	$13.9M	10x	as long as short
BloFin LAB-USDT	+0.0297%	4h	0.05732	+0.052%	$601K	$63K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LABUSDT	+0.0302%	4h	0.05725	−0.070%	$46K	$60K	5x	as long as short
BingX LAB-USDT	+0.0314%	4h	0.05729	0.000%	—	$1.6M	—	as long as short
OKX LAB-USDT-SWAPlong	+0.0318%	4h	0.05729	long leg	$3.9M	$6.7M	10x
HTX LAB-USDT	+0.0504%	4h	0.05733	+0.070%	$72K	$51K	20x	as long as short