Settings8H · net · $10k
Funding arb · Price arb /

LA

all LA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0220%/8h= +24.1% APRnext payment +$1.10 per $10,000 · paid last 24h −0.037%
Price spread now: MEXC against Bitget+0.054%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.602% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.341%−$34 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.054%, 7d avg +0.057%
Together, before fees−0.305%−$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.341%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LAUSDT0.07448−0.0136get 0.0068% / 4h1h 40m$2.1M$523K25x
ShortMEXC LA_USDT0.074520.0084get 0.0042% / 4h1h 40m$397K$136K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$46.2
Price spread: +0.054% → +0.057%
−$0.31
Slippage, 4 orders
−$44.17
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$14.28
Costs to cover
0.602%
Break-even
9.2 days
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 34 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, 2 min ago2.01 bp19.4 bp −$19128.3 bp −$1,283doesn't fitdoesn't fit
Sell MEXC live order book, 34 min ago0.67 bp7.5 bp −$720.0 bp −$200345.6 bp −$34.6Kdoesn'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−0.0290%4h0.07456+0.107%$251K$791K50xas long as short
Bitget LAUSDTlong−0.0136%4h0.07448long leg$2.1M$523K25x
BingX LA-USDT−0.0120%4h0.07455+0.094%$6.6Mas long as short
OKX LA-USDT-SWAP−0.0002%4h0.07454+0.081%$1.3M$2.8M20xas long as short
KuCoin LAUSDTM+0.0046%4h0.07456+0.107%$1.0M$57K30xas long as short
Aster LAUSDT+0.0063%4h0.07446−0.023%$52K$8K5xas long as short
Binance LAUSDT+0.0079%4h0.07452+0.048%$4.7M$8.4M25xas long as short
MEXC LA_USDTshort+0.0084%4h0.07452+0.054%$397K$136K50x
Bybit LAUSDT+0.0100%4h0.07458+0.134%$2.4M$2.3M25xas long as short
GRVT LA_USDT_Perp+0.0100%4h0.07452+0.056%$145K$456K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin LA-USDT+0.0122%4h0.07456+0.107%$251K$19K25xas long as short