Funding you earn now, next payment 04:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against BingX−0.108%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days+0.736%+$74 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.108%, 7d avg −0.073%
=Funding pays, the price is against you. Bitget is 0.035% cheaper against BingX than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of −0.073%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.736% in total) that is about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07425 | −0.0722 | get 0.0361% / 4h | 2h 51m | — | $6.6M | — |
| Short | Bitget LAUSDT | 0.07417 | −0.0670 | pay 0.0335% / 4h | 2h 51m | $2.0M | $542K | 25x |
BingX LA-USDT
Bitget LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- $10.92
- Price spread: −0.108% → −0.073%
- −$3.47
- Slippage, 4 orders
- −$49.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63.76
- Costs to cover
- 0.712%
- Break-even
- 47.9 days
Slippage from BingX: live order book, 15 min ago; Bitget: live order book, 1 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 BingX live order book, 15 min ago | 2.67 bp | 13.1 bp −$13 | 40.5 bp −$405 | 699.2 bp −$69.9K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.37 bp | 25.3 bp −$25 | 121.9 bp −$1,219 | 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_USDT | −0.2116% | 4h | 0.07425 | 0.000% | $239K | $808K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0994% | 4h | 0.07432 | +0.094% | $1.0M | $86K | 30x | as long as short |
| Aster LAUSDT | −0.0887% | 4h | 0.07422 | −0.043% | $51K | $24K | 5x | as long as short |
| MEXC LA_USDT | −0.0756% | 4h | 0.07430 | +0.067% | $386K | $137K | 50x | as long as short |
| BloFin LA-USDT | −0.0749% | 4h | 0.07441 | +0.215% | $249K | $20K | 25x | as long as short |
| Binance LAUSDT | −0.0746% | 4h | 0.07426 | +0.013% | $4.6M | $9.6M | 25x | as long as short |
| BingX LA-USDTlong | −0.0722% | 4h | 0.07425 | long leg | — | $6.6M | — | |
| Bitget LAUSDTshort | −0.0670% | 4h | 0.07417 | −0.108% | $2.0M | $542K | 25x | |
| Bybit LAUSDT | −0.0579% | 4h | 0.07429 | +0.054% | $2.4M | $2.7M | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0578% | 4h | 0.07424 | −0.013% | $1.3M | $3.1M | 20x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
Aster LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Binance LAUSDT
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07416 | −0.121% | $139K | $478K | 10x | as long as short |
GRVT LA_USDT_Perp