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+0.0091%/8h= +10.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.062%
Price spread now: Bybit against Bitget+0.162%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$930.926% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.056%−$6 on $10k
Price spread, last 7 days+0.034%+$3 · spread now +0.162%, 7d avg +0.131%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.031% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.131%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LAUSDT0.07417−0.0670get 0.0335% / 4h2h 51m$2.0M$542K25x
ShortBybit LAUSDT0.07429−0.0579pay 0.0289% / 4h2h 51m$2.4M$2.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$19.16
Price spread: +0.162% → +0.131%
$3.06
Slippage, 4 orders
−$69.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$70.34
Costs to cover
0.926%
Break-even
32.7 days
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 1 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 ago3.37 bp20.6 bp −$21194.7 bp −$1,947doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.69 bp23.3 bp −$23129.3 bp −$1,293doesn't fitdoesn'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
Gate LA_USDT−0.2116%4h0.07425+0.108%$239K$808K50xas long as short
KuCoin LAUSDTM−0.0994%4h0.07432+0.202%$1.0M$86K30xas long as short
Aster LAUSDT−0.0887%4h0.07422+0.065%$51K$24K5xas long as short
MEXC LA_USDT−0.0756%4h0.07430+0.175%$386K$137K50xas long as short
BloFin LA-USDT−0.0749%4h0.07441+0.324%$249K$20K25xas long as short
Binance LAUSDT−0.0746%4h0.07426+0.121%$4.6M$9.6M25xas long as short
BingX LA-USDT−0.0722%4h0.07425+0.108%$6.6Mas long as short
Bitget LAUSDTlong−0.0670%4h0.07417long leg$2.0M$542K25x
Bybit LAUSDTshort−0.0579%4h0.07429+0.162%$2.4M$2.7M25x
OKX LA-USDT-SWAP−0.0578%4h0.07424+0.094%$1.3M$3.1M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07416−0.014%$139K$478K10xas long as short