LA

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 +0.151%

Price spread now: OKX against BloFin+0.040%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$740.738% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 3 days (all we have)−0.289%−$29 · spread now +0.040%, 7d avg +0.018%

Together, before fees−0.261%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.022% dearer against BloFin than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of +0.018%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.10 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	0.0042	pay 0.0021% / 4h	2h 29m	$251K	$19K	25x
Short	OKX LA-USDT-SWAP	0.07420	−0.0177	pay 0.0089% / 4h	2h 29m	$1.3M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$46.13
Price spread: +0.040% → +0.018%: $2.24
Slippage, 4 orders: −$51.78
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$117.67
Costs to cover: 0.738%
Break-even: never at this rate

Slippage from BloFin: live order book, 54 min ago; OKX: live order book, 3 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, 54 min ago	0.68 bp	13.1 bp −$13	28.1 bp −$281	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.02 bp	21.1 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	−0.0602%	4h	0.07415	−0.027%	$245K	$793K	50x	as long as short
KuCoin LAUSDTM	−0.0212%	4h	0.07422	+0.067%	$1.0M	$58K	30x	as long as short
BingX LA-USDT	−0.0202%	4h	0.07419	+0.027%	—	$6.6M	—	as long as short
OKX LA-USDT-SWAPshort	−0.0177%	4h	0.07420	+0.040%	$1.3M	$2.8M	20x
Bitget LAUSDT	−0.0134%	4h	0.07415	−0.027%	$2.0M	$521K	25x	as long as short
Aster LAUSDT	+0.0013%	4h	0.07417	−0.005%	$52K	$8K	5x	as long as short
MEXC LA_USDT	+0.0016%	4h	0.07419	+0.027%	$399K	$138K	50x	as long as short
Binance LAUSDT	+0.0025%	4h	0.07419	+0.026%	$4.7M	$8.3M	25x	as long as short
BloFin LA-USDTlong	+0.0042%	4h	0.07417	long leg	$251K	$19K	25x
Bybit LAUSDT	+0.0100%	4h	0.07426	+0.121%	$2.4M	$2.3M	25x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LA_USDT_Perp	+0.0100%	4h	0.07420	+0.040%	$143K	$470K	10x	as long as short