Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.2% APRnext payment −$1.06 per $10,000 · paid last 24h −0.049%
Price spread now: Gate against Bitget+0.161%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1681.677% of the position
Funding, last 7 days−0.473%−$47 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.161%, 7d avg +0.067%
=The price spread pays, funding is against you. Gate is 0.094% dearer against Bitget than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.067%): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LAUSDT | 0.07444 | −0.0120 | get 0.0060% / 4h | 1h 44m | $2.1M | $523K | 25x |
| Short | Gate LA_USDT | 0.07456 | −0.0332 | pay 0.0166% / 4h | 1h 44m | $251K | $789K | 50x |
Bitget LAUSDT
Gate LA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$44.52
- Price spread: +0.161% → +0.067%
- $9.44
- Slippage, 4 orders
- −$140.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$202.74
- Costs to cover
- 1.677%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 4.70 bp | 21.8 bp −$22 | 90.0 bp −$900 | doesn't fit | doesn't fit |
| 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 | 0.07456 | +0.161% | $251K | $789K | 50x | |
| Bitget LAUSDTlong | −0.0120% | 4h | 0.07444 | long leg | $2.1M | $523K | 25x | |
| BingX LA-USDT | −0.0080% | 4h | 0.07457 | +0.175% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0023% | 4h | 0.07456 | +0.161% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin LAUSDTM | +0.0022% | 4h | 0.07457 | +0.175% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | +0.0089% | 4h | 0.07444 | +0.001% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07454 | +0.136% | $4.7M | $8.4M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07461 | +0.228% | $2.4M | $2.3M | 25x | as long as short |
| MEXC LA_USDT | +0.0100% | 4h | 0.07448 | +0.054% | $397K | $136K | 50x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07457 | +0.179% | $145K | $456K | 10x | as long as short |
BingX LA-USDT
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 | +0.202% | $250K | $19K | 25x | as long as short |
BloFin LA-USDT