Settings8H · net · $10k
Funding arb · Price arb /

LA

all LA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against BingX0.000%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.456%+$46 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now 0.000%, 7d avg −0.025%
Together, before fees+0.449%+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.025% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LA-USDT0.07419−0.0424get 0.0212% / 4h3m 26s$6.6M
ShortMEXC LA_USDT0.07419−0.0112pay 0.0056% / 4h3m 26s$378K$135K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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

Funding earned
$65.52
Price spread: 0.000% → −0.025%
$2.52
Slippage, 4 orders
−$31.43
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$22.61
Costs to cover
0.454%
Break-even
4.6 days
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago2.02 bp14.2 bp −$1433.0 bp −$330705.9 bp −$70.6K1235.1 bp −$617.6K
Sell MEXC live order book, 37 min ago0.68 bp8.9 bp −$957.6 bp −$576511.4 bp −$51.1Kdoesn't fit

LA on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LAUSDT−0.0456%4h0.07412−0.094%$2.0M$489K25xas long as short
KuCoin LAUSDTM−0.0426%4h0.07414−0.067%$1.0M$85K30xas long as short
BingX LA-USDTlong−0.0424%4h0.07419long leg$6.6M
Gate LA_USDT−0.0350%4h0.07413−0.081%$235K$841K50xas long as short
Aster LAUSDT−0.0253%4h0.07415−0.058%$51K$24K5xas long as short
OKX LA-USDT-SWAP−0.0149%4h0.07425+0.081%$1.3M$3.1M20xas long as short
MEXC LA_USDTshort−0.0112%4h0.074190.000%$378K$135K50x
BloFin LA-USDT−0.0112%4h0.07403−0.216%$245K$20K25xas long as short
Binance LAUSDT−0.0109%4h0.07420+0.014%$4.7M$9.8M25xas long as short
Bybit LAUSDT−0.0012%4h0.07422+0.040%$2.3M$2.6M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07410−0.121%$146K$467K10xas long as short