So city are the benchmark, but we're more likely to win based on the odds, and Leicester have non negligible odds. And the only thing that matters is being on top of the table after 38 games, and other self-evident facts, but what we should really muse about is how we compare to one other team, as opposed to just looking at the table? Ok, so we're at 8 points now, and leicester are at zero. City are always at zero points! That's the only thing that can't change.
But their performance can change, but that's ok, because seemingly that's how a benchmark works.
I'm glad you aren't a carpenter.