LA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0618%/8h= −67.7% APRnext payment −$3.09 per $10,000 · paid last 24h −0.062%

Price spread now: Bitget against Bybit+0.067%7-day average −0.132% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$890.887% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 7 days−0.299%−$30 · spread now +0.067%, 7d avg −0.132%

Together, before fees−0.243%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.199% dearer against Bybit than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.132%): +$20 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.056%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.09 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	Bybit LAUSDT	0.07427	−0.0088	get 0.0044% / 4h	2h 10m	$2.4M	$2.7M	25x
Short	Bitget LAUSDT	0.07432	−0.0706	pay 0.0353% / 4h	2h 10m	$2.0M	$523K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$129.82
Price spread: +0.067% → −0.132%: $19.88
Slippage, 4 orders: −$65.71
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$198.64
Costs to cover: 0.887%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: 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 Bybit live order book, 2 min ago	1.34 bp	24.6 bp −$25	132.3 bp −$1,323	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.69 bp	26.0 bp −$26	131.3 bp −$1,313	doesn't fit	doesn't fit

LA on 10 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	−0.1366%	4h	0.07424	−0.040%	$239K	$835K	50x	as long as short
KuCoin LAUSDTM	−0.1214%	4h	0.07421	−0.081%	$1.0M	$87K	30x	as long as short
Aster LAUSDT	−0.0791%	4h	0.07424	−0.036%	$51K	$24K	5x	as long as short
OKX LA-USDT-SWAP	−0.0716%	4h	0.07417	−0.135%	$1.3M	$3.1M	20x	as long as short
Bitget LAUSDTshort	−0.0706%	4h	0.07432	+0.067%	$2.0M	$523K	25x
BingX LA-USDT	−0.0672%	4h	0.07426	−0.013%	—	$6.6M	—	as long as short
MEXC LA_USDT	−0.0652%	4h	0.07422	−0.067%	$379K	$140K	50x	as long as short
Binance LAUSDT	−0.0647%	4h	0.07421	−0.087%	$4.7M	$9.8M	25x	as long as short
Bybit LAUSDTlong	−0.0088%	4h	0.07427	long leg	$2.4M	$2.7M	25x
GRVT LA_USDT_Perp	+0.0100%	4h	0.07430	+0.040%	$150K	$479K	10x	as long as short