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+0.0574%/8h= +62.9% APRnext payment +$2.87 per $10,000 · paid last 24h +0.167%
Price spread now: GRVT against Bitget+0.203%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$3113.106% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.531%+$153 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.203%, 7d avg +0.035%
Together, before fees+1.512%+ Points / potential airdropGRVT: Active · farm board+$151 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and GRVT is 0.168% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LAUSDT0.07417−0.0474get 0.0237% / 4h1h 19m$2.0M$500K25x
ShortGRVT LA_USDT_Perp0.074320.0100get 0.0050% / 4h1h 19m$140K$468K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$120.54
Price spread: +0.203% → +0.035%
$16.83
Slippage, 4 orders
−$289.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$173.27
Costs to cover
3.106%
Break-even
17.1 days
Slippage from Bitget: live order book, 3 min ago; GRVT: live order book, 43 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, 3 min ago1.35 bp22.2 bp −$22176.2 bp −$1,762doesn't fitdoesn't fit
Sell GRVT live order book, 43 min ago13.42 bp121.0 bp −$121221.1 bp −$2,211doesn'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
KuCoin LAUSDTM−0.1080%4h0.07433+0.216%$1.0M$87K30xas long as short
Gate LA_USDT−0.0820%4h0.07431+0.189%$239K$834K50xas long as short
BingX LA-USDT−0.0618%4h0.07433+0.216%$6.6Mas long as short
OKX LA-USDT-SWAP−0.0614%4h0.07421+0.054%$1.3M$3.1M20xas long as short
Aster LAUSDT−0.0531%4h0.07432+0.209%$51K$24K5xas long as short
Bitget LAUSDTlong−0.0474%4h0.07417long leg$2.0M$500K25x
BloFin LA-USDT−0.0458%4h0.07430+0.175%$248K$20K25xas long as short
MEXC LA_USDT−0.0404%4h0.07423+0.081%$378K$138K50xas long as short
Binance LAUSDT−0.0395%4h0.07424+0.094%$4.7M$9.7M25xas long as short
Bybit LAUSDT+0.0100%4h0.07431+0.189%$2.3M$2.6M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perpshort+0.0100%4h0.07432+0.203%$140K$468K10x