Funding you earn now, next payment 00:00 UTC+0.0129%/8h= +14.2% APRnext payment +$0.65 per $10,000 · paid last 24h +0.112%
Price spread now: OKX against Bitget+0.121%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 7 days−0.207%−$21 · spread now +0.121%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.076% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.292%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LAUSDT | 0.07448 | −0.0136 | get 0.0068% / 4h | 1h 40m | $2.1M | $523K | 25x |
| Short | OKX LA-USDT-SWAP | 0.07457 | −0.0007 | pay 0.0003% / 4h | 1h 40m | $1.3M | $2.8M | 20x |
Bitget LAUSDT
OKX LA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $27.17
- Price spread: +0.121% → +0.045%
- $7.6
- Slippage, 4 orders
- −$62.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$49.28
- Costs to cover
- 0.840%
- Break-even
- 19.7 days
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 2.01 bp | 19.4 bp −$19 | 128.3 bp −$1,283 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.01 bp | 20.6 bp −$21 | 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_USDT | −0.0290% | 4h | 0.07456 | +0.107% | $251K | $791K | 50x | as long as short |
| Bitget LAUSDTlong | −0.0136% | 4h | 0.07448 | long leg | $2.1M | $523K | 25x | |
| BingX LA-USDT | −0.0120% | 4h | 0.07454 | +0.081% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAPshort | −0.0007% | 4h | 0.07457 | +0.121% | $1.3M | $2.8M | 20x | |
| KuCoin LAUSDTM | +0.0040% | 4h | 0.07456 | +0.107% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | +0.0063% | 4h | 0.07446 | −0.033% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0079% | 4h | 0.07452 | +0.048% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDT | +0.0084% | 4h | 0.07453 | +0.067% | $397K | $136K | 50x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07458 | +0.134% | $2.4M | $2.3M | 25x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07452 | +0.056% | $145K | $456K | 10x | as long as short |
Gate LA_USDT
BingX LA-USDT
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
Bybit LAUSDT
GRVT LA_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDT | +0.0122% | 4h | 0.07456 | +0.107% | $251K | $19K | 25x | as long as short |
BloFin LA-USDT