LA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0432%/8h= −47.3% APRnext payment −$2.16 per $10,000 · paid last 24h −0.011%

Price spread now: Gate against Binance+0.032%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1461.458% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.146%−$15 on $10k

Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.032%, 7d avg +0.008%

Together, before fees−0.286%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.024% dearer against Binance than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of +0.008%): +$2 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.146% in total) that is about 27 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.16 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	Binance LAUSDT	0.07449	0.0100	pay 0.0050% / 4h	1h 44m	$4.7M	$8.4M	25x
Short	Gate LA_USDT	0.07451	−0.0332	pay 0.0166% / 4h	1h 44m	$250K	$789K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.032%Rate

Funding earned: −$90.62
Price spread: +0.032% → +0.008%: $2.37
Slippage, 4 orders: −$120.76
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$234.01
Costs to cover: 1.458%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Gate: live order book, 37 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, 10 min ago	1.34 bp	14.2 bp −$14	41.4 bp −$414	doesn't fit	doesn't fit
Sell Gate live order book, 37 min ago	3.37 bp	72.2 bp −$72	doesn't fit	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
Gate LA_USDTshort	−0.0332%	4h	0.07451	+0.032%	$250K	$789K	50x
Bitget LAUSDT	−0.0120%	4h	0.07442	−0.089%	$2.1M	$523K	25x	as long as short
BingX LA-USDT	−0.0080%	4h	0.07450	+0.019%	—	$6.6M	—	as long as short
OKX LA-USDT-SWAP	−0.0023%	4h	0.07449	+0.005%	$1.3M	$2.8M	20x	as long as short
KuCoin LAUSDTM	+0.0022%	4h	0.07457	+0.113%	$1.0M	$57K	30x	as long as short
Aster LAUSDT	+0.0089%	4h	0.07450	+0.021%	$52K	$8K	5x	as long as short
Binance LAUSDTlong	+0.0100%	4h	0.07449	long leg	$4.7M	$8.4M	25x
Bybit LAUSDT	+0.0100%	4h	0.07461	+0.166%	$2.4M	$2.3M	25x	as long as short
MEXC LA_USDT	+0.0100%	4h	0.07448	−0.008%	$397K	$136K	50x	as long as short
GRVT LA_USDT_Perp	+0.0100%	4h	0.07457	+0.117%	$145K	$456K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin LA-USDT	+0.0100%	4h	0.07459	+0.140%	$250K	$19K	25x	as long as short