Funding you earn now, next payment 00:00 UTC+0.0209%/8h= +22.9% APRnext payment +$1.05 per $10,000 · paid last 24h +0.064%
Price spread now: OKX against SunX0.000%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1521.521% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 3 days (all we have)−0.308%−$31 · spread now 0.000%, 7d avg +0.079%
=Funding pays, the price is against you. OKX is 0.079% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.079%). If the spread goes back, that is −$8 on $10k: about 30 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.132% in total) that is about 4.2 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 +$1.05 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 | SunX LAB-USDT | 0.05720 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $2K | $942K | 20x |
| Short | OKX LAB-USDT-SWAP | 0.05720 | 0.0309 | get 0.0155% / 4h | 2h 09m | $3.9M | $6.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against SunX. 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
- $43.93
- Price spread: 0.000% → +0.079%
- −$7.85
- Slippage, 4 orders
- −$134.08
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$116.01
- Costs to cover
- 1.521%
- Break-even
- 25.5 days
Slippage from SunX: live order book, 3 min ago; OKX: 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 SunX live order book, 3 min ago | 34.97 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.87 bp | 24.6 bp −$25 | 180.6 bp −$1,806 | 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 | 0.05720 | 0.000% | $4.2M | $2.3M | 20x | as long as short |
| Gate LAB_USDT | +0.0100% | 4h | 0.05717 | −0.052% | $3.3M | $1.8M | 20x | as long as short |
| Variational Omni LAB | +0.0100% | 4h | 0.05715 | −0.090% | $80K | $417 | — | as long as short |
| SunX LAB-USDTlong | +0.0100% | 4h | 0.05720 | long leg | $2K | $942K | 20x | |
| Bitget LABUSDT | +0.0138% | 4h | 0.05730 | +0.175% | $3.0M | $806K | 10x | as long as short |
| KuCoin LABUSDTM | +0.0140% | 4h | 0.05718 | −0.035% | $1.9M | $1.5M | 10x | as long as short |
| OKX LAB-USDT-SWAPshort | +0.0309% | 4h | 0.05720 | 0.000% | $3.9M | $6.7M | 10x | |
| MEXC LAB_USDT | +0.0352% | 4h | 0.05720 | 0.000% | $4.8M | $1.1M | 20x | as long as short |
| Binance LABUSDT | +0.0353% | 4h | 0.05722 | +0.035% | $14.0M | $13.9M | 10x | as long as short |
| edgeX LABUSDC | +0.0367% | 4h | 0.05717 | −0.057% | $13K | $179K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LAB-USDT | +0.0372% | 4h | 0.05721 | +0.017% | — | $1.6M | — | as long as short |
| Aster LABUSDT | +0.0376% | 4h | 0.05720 | +0.002% | $46K | $60K | 5x | as long as short |
| HTX LAB-USDT | +0.0394% | 4h | 0.05723 | +0.052% | $72K | $51K | 20x | as long as short |
| BloFin LAB-USDT | +0.0405% | 4h | 0.05714 | −0.105% | $600K | $63K | 10x | as long as short |
SunX LAB-USDT
OKX LAB-USDT-SWAP
Bybit LABUSDT
Gate LAB_USDT
Variational Omni LAB
Bitget LABUSDT
KuCoin LABUSDTM
MEXC LAB_USDT
Binance LABUSDT
edgeX LABUSDC
BingX LAB-USDT
Aster LABUSDT
HTX LAB-USDT
BloFin LAB-USDT