Funding you earn now, next payment 00:00 UTC−0.0326%/8h= −35.7% APRnext payment −$1.63 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against BloFin−0.054%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 3 days (all we have)−0.121%−$12 · spread now −0.054%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.064% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LA-USDT | 0.07417 | −0.0036 | get 0.0018% / 4h | 1h 23m | $250K | $19K | 25x |
| Short | Gate LA_USDT | 0.07413 | −0.0362 | pay 0.0181% / 4h | 1h 23m | $249K | $798K | 50x |
BloFin LA-USDT
Gate LA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$68.49
- Price spread: −0.054% → +0.010%
- −$6.42
- Slippage, 4 orders
- −$117.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$219.68
- Costs to cover
- 1.448%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 53 min ago; Gate: live order book, 58 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 BloFin live order book, 53 min ago | 0.67 bp | 15.4 bp −$15 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 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 | −0.0362% | 4h | 0.07413 | −0.054% | $249K | $798K | 50x | |
| Bitget LAUSDT | −0.0198% | 4h | 0.07413 | −0.054% | $2.0M | $507K | 25x | as long as short |
| BingX LA-USDT | −0.0192% | 4h | 0.07412 | −0.067% | — | $6.5M | — | as long as short |
| KuCoin LAUSDTM | −0.0088% | 4h | 0.07416 | −0.013% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | −0.0076% | 4h | 0.07408 | −0.117% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | −0.0045% | 4h | 0.07413 | −0.054% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDT | −0.0044% | 4h | 0.07415 | −0.027% | $395K | $137K | 50x | as long as short |
| BloFin LA-USDTlong | −0.0036% | 4h | 0.07417 | long leg | $250K | $19K | 25x | |
| OKX LA-USDT-SWAP | +0.0036% | 4h | 0.07415 | −0.027% | $1.3M | $2.8M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07420 | +0.040% | $2.4M | $2.3M | 25x | as long as short |
Bitget LAUSDT
BingX LA-USDT
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
OKX LA-USDT-SWAP
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.094% | $147K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp