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−0.0128%/8h= −14.0% APRnext payment $0.64 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against Bitget+0.067%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$740.740% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.736%−$74 on $10k
Price spread, last 7 days+0.028%+$3 · spread now +0.067%, 7d avg +0.074%
Together, before fees−0.708%−$71 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LAUSDT0.07438−0.0490get 0.0245% / 4h1h 21m$2.0M$500K25x
ShortBingX LA-USDT0.07443−0.0618pay 0.0309% / 4h1h 21m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
−$26.88
Price spread: +0.067% → +0.074%
−$0.71
Slippage, 4 orders
−$51.95
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$101.54
Costs to cover
0.740%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 6 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 Bitget live order book, 1 min ago1.35 bp22.2 bp −$22176.2 bp −$1,762doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago0.67 bp14.0 bp −$1424.6 bp −$246634.1 bp −$63.4K1207.4 bp −$603.7K

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
KuCoin LAUSDTM−0.1092%4h0.07439+0.013%$1.0M$87K30xas long as short
Gate LA_USDT−0.0852%4h0.07444+0.081%$240K$833K50xas long as short
OKX LA-USDT-SWAP−0.0630%4h0.07443+0.067%$1.3M$3.1M20xas long as short
BingX LA-USDTshort−0.0618%4h0.07443+0.067%$6.6M
Aster LAUSDT−0.0540%4h0.07445+0.093%$51K$24K5xas long as short
Bitget LAUSDTlong−0.0490%4h0.07438long leg$2.0M$500K25x
BloFin LA-USDT−0.0458%4h0.07430−0.108%$248K$20K25xas long as short
Binance LAUSDT−0.0416%4h0.07446+0.104%$4.7M$9.7M25xas long as short
MEXC LA_USDT−0.0414%4h0.07443+0.067%$379K$138K50xas long as short
Bybit LAUSDT+0.0100%4h0.07445+0.094%$2.3M$2.6M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07432−0.080%$140K$468K10xas long as short