Funding you earn now, next payment 04:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.52 per $10,000 · paid last 24h +0.020%
Price spread now: Bitget against Binance−0.102%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$880.881% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now −0.102%, 7d avg −0.070%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.031% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.070%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.263%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAUSDT | 0.07411 | −0.0317 | get 0.0158% / 4h | 55m 27s | $4.7M | $9.8M | 25x |
| Short | Bitget LAUSDT | 0.07403 | −0.0420 | pay 0.0210% / 4h | 55m 27s | $2.0M | $493K | 25x |
Binance LAUSDT
Bitget LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$21.68
- Price spread: −0.102% → −0.070%
- −$3.13
- Slippage, 4 orders
- −$66.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$112.93
- Costs to cover
- 0.881%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 2 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 Binance live order book, 14 min ago | 1.35 bp | 20.4 bp −$20 | 63.5 bp −$635 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.38 bp | 24.5 bp −$25 | 116.0 bp −$1,160 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.0974% | 4h | 0.07406 | −0.061% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDT | −0.0688% | 4h | 0.07410 | −0.007% | $238K | $813K | 50x | as long as short |
| OKX LA-USDT-SWAP | −0.0515% | 4h | 0.07407 | −0.048% | $1.3M | $3.1M | 20x | as long as short |
| BingX LA-USDT | −0.0492% | 4h | 0.07410 | −0.007% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0468% | 4h | 0.07412 | +0.024% | $51K | $24K | 5x | as long as short |
| Bitget LAUSDTshort | −0.0420% | 4h | 0.07403 | −0.102% | $2.0M | $493K | 25x | |
| MEXC LA_USDT | −0.0326% | 4h | 0.07409 | −0.021% | $378K | $132K | 50x | as long as short |
| Binance LAUSDTlong | −0.0317% | 4h | 0.07411 | long leg | $4.7M | $9.8M | 25x | |
| BloFin LA-USDT | −0.0279% | 4h | 0.07397 | −0.183% | $247K | $20K | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07406 | −0.061% | $2.3M | $2.6M | 25x | as long as short |
KuCoin LAUSDTM
Gate LA_USDT
OKX LA-USDT-SWAP
BingX LA-USDT
Aster LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07406 | −0.063% | $139K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp