Funding you earn now, next payment 00:00 UTC−0.0252%/8h= −27.6% APRnext payment −$1.26 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against BingX+0.013%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1411.405% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.013%, 7d avg −0.012%
=The price spread pays, funding is against you. Gate is 0.025% dearer against BingX than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.012%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.316%, 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 | BingX LA-USDT | 0.07450 | −0.0080 | get 0.0040% / 4h | 1h 44m | — | $6.6M | — |
| Short | Gate LA_USDT | 0.07451 | −0.0332 | pay 0.0166% / 4h | 1h 44m | $250K | $789K | 50x |
BingX LA-USDT
Gate LA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$52.92
- Price spread: +0.013% → −0.012%
- $2.49
- Slippage, 4 orders
- −$115.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$190.94
- Costs to cover
- 1.405%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 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 BingX live order book, 7 min ago | 1.34 bp | 11.6 bp −$12 | 29.2 bp −$292 | 423.7 bp −$42.4K | 943.8 bp −$471.9K |
| 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 | +0.013% | $250K | $789K | 50x | |
| Bitget LAUSDT | −0.0120% | 4h | 0.07442 | −0.107% | $2.1M | $523K | 25x | as long as short |
| BingX LA-USDTlong | −0.0080% | 4h | 0.07450 | long leg | — | $6.6M | — | |
| OKX LA-USDT-SWAP | −0.0023% | 4h | 0.07449 | −0.013% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin LAUSDTM | +0.0022% | 4h | 0.07457 | +0.094% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | +0.0089% | 4h | 0.07450 | +0.002% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07449 | −0.019% | $4.7M | $8.4M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07461 | +0.148% | $2.4M | $2.3M | 25x | as long as short |
| MEXC LA_USDT | +0.0100% | 4h | 0.07448 | −0.027% | $397K | $136K | 50x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07457 | +0.098% | $145K | $456K | 10x | as long as short |
Bitget LAUSDT
OKX LA-USDT-SWAP
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDT
MEXC LA_USDT
GRVT LA_USDT_PerpShow 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 | +0.121% | $250K | $19K | 25x | as long as short |
BloFin LA-USDT