LAB arbitrage explained
Right now LAB trades on 10 venues we scan: 10 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.0496 and the highest bid on HTX perp at $0.0498.
The widest LAB perpetual spread is between OKX and HTX: long LAB on OKX at $0.0496 and short on HTX at $0.0498 for +0.30% gross, or +0.14% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.015% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best LAB route is to buy spot on Gate and short the perpetual on HTX: +0.36% gross, +0.16% net, with +0.015% a day of funding on the short leg.
Spot–spot LAB arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows +0.04% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small LAB gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: LAB funding rates · LAB spread charts · LAB price · arbitrage scanner for all coins.