Funding you earn now, next payment 08:00 UTC+0.0377%/8h= +41.3% APRnext payment +$1.88 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Bitget+0.125%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$830.828% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.125%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Binance is 0.056% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.182% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 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 | Bitget LAUSDT | 0.07418 | −0.0524 | get 0.0262% / 4h | 2h 00m | $2.0M | $470K | 25x |
| Short | Binance LAUSDT | 0.07427 | −0.0147 | pay 0.0074% / 4h | 2h 00m | $4.7M | $9.7M | 25x |
Bitget LAUSDT
Binance LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $79.14
- Price spread: +0.125% → +0.069%
- $5.59
- Slippage, 4 orders
- −$60.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $1.98
- Costs to cover
- 0.828%
- Break-even
- 6.8 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 9 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 Bitget live order book, 1 min ago | 2.69 bp | 23.8 bp −$24 | 116.6 bp −$1,166 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.67 bp | 18.0 bp −$18 | 48.6 bp −$486 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDTlong | −0.0524% | 4h | 0.07418 | long leg | $2.0M | $470K | 25x | |
| BingX LA-USDT | −0.0504% | 4h | 0.07427 | +0.121% | — | $6.6M | — | as long as short |
| Gate LA_USDT | −0.0458% | 4h | 0.07426 | +0.108% | $231K | $836K | 50x | as long as short |
| Aster LAUSDT | −0.0245% | 4h | 0.07432 | +0.187% | $51K | $24K | 5x | as long as short |
| BloFin LA-USDT | −0.0179% | 4h | 0.07428 | +0.135% | $245K | $20K | 25x | as long as short |
| MEXC LA_USDT | −0.0148% | 4h | 0.07428 | +0.135% | $381K | $135K | 50x | as long as short |
| Binance LAUSDTshort | −0.0147% | 4h | 0.07427 | +0.125% | $4.7M | $9.7M | 25x | |
| KuCoin LAUSDTM | −0.0086% | 4h | 0.07426 | +0.108% | $1.0M | $80K | 30x | as long as short |
| OKX LA-USDT-SWAP | −0.0022% | 4h | 0.07425 | +0.094% | $1.4M | $2.9M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07433 | +0.202% | $2.4M | $2.6M | 25x | as long as short |
BingX LA-USDT
Gate LA_USDT
Aster LAUSDT
BloFin LA-USDT
MEXC LA_USDT
KuCoin LAUSDTM
OKX LA-USDT-SWAP
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 | 0.07428 | +0.132% | $146K | $440K | 10x | as long as short |
GRVT LA_USDT_Perp