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−0.0004%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin+0.054%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$640.639% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 3 days (all we have)−0.317%−$32 · spread now +0.054%, 7d avg 0.000%
Together, before fees−0.324%−$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.054% dearer against BloFin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LA-USDT0.07409−0.0040get 0.0020% / 4h2h 45m$252K$19K25x
ShortBinance LAUSDT0.07413−0.0044pay 0.0022% / 4h2h 45m$4.7M$8.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$0.79
Price spread: +0.054% → 0.000%
$5.41
Slippage, 4 orders
−$41.91
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$59.29
Costs to cover
0.639%
Break-even
never at this rate
Slippage from BloFin: live order book, 38 min ago; Binance: live order book, 9 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 BloFin live order book, 38 min ago0.68 bp13.1 bp −$1328.1 bp −$281doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.68 bp16.8 bp −$1746.0 bp −$460doesn'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−0.0826%4h0.07412+0.040%$245K$788K50xas long as short
KuCoin LAUSDTM−0.0316%4h0.07412+0.040%$1.0M$58K30xas long as short
BingX LA-USDT−0.0270%4h0.07416+0.094%$6.6Mas long as short
OKX LA-USDT-SWAP−0.0261%4h0.07416+0.094%$1.3M$2.8M20xas long as short
Bitget LAUSDT−0.0208%4h0.07405−0.054%$2.0M$519K25xas long as short
Aster LAUSDT−0.0065%4h0.07410+0.019%$52K$8K5xas long as short
MEXC LA_USDT−0.0050%4h0.07413+0.054%$398K$137K50xas long as short
Binance LAUSDTshort−0.0044%4h0.07413+0.054%$4.7M$8.3M25x
BloFin LA-USDTlong−0.0040%4h0.07409long leg$252K$19K25x
Bybit LAUSDT+0.0100%4h0.07420+0.148%$2.3M$2.3M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07408−0.011%$145K$468K10xas long as short