Funding you earn now, next payment 08:00 UTC−0.0224%/8h= −24.5% APRnext payment −$1.12 per $10,000 · paid last 24h −0.101%
Price spread now: Gate against Bybit−0.027%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1301.299% of the position
Funding, last 7 days−0.393%−$39 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.027%, 7d avg −0.051%
=The price spread pays, funding is against you. Gate is 0.024% dearer against Bybit than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.051%): +$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 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07442 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $2.4M | $2.5M | 25x |
| Short | Gate LA_USDT | 0.07440 | −0.0124 | pay 0.0062% / 4h | 1h 08m | $227K | $827K | 50x |
Bybit LAUSDT
Gate LA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$47.04
- Price spread: −0.027% → −0.051%
- $2.39
- Slippage, 4 orders
- −$103.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$174.54
- Costs to cover
- 1.299%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 33 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, 4 min ago | 0.67 bp | 24.1 bp −$24 | 139.5 bp −$1,395 | doesn't fit | doesn't fit |
| Sell Gate live order book, 33 min ago | 2.70 bp | 38.9 bp −$39 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDT | −0.0312% | 4h | 0.07443 | +0.013% | — | $6.6M | — | as long as short |
| Bitget LAUSDT | −0.0282% | 4h | 0.07436 | −0.081% | $2.0M | $431K | 25x | as long as short |
| Gate LA_USDTshort | −0.0124% | 4h | 0.07440 | −0.027% | $227K | $827K | 50x | |
| Aster LAUSDT | −0.0106% | 4h | 0.07442 | 0.000% | $51K | $25K | 5x | as long as short |
| BloFin LA-USDT | −0.0031% | 4h | 0.07440 | −0.027% | $248K | $20K | 25x | as long as short |
| MEXC LA_USDT | +0.0004% | 4h | 0.07441 | −0.013% | $387K | $135K | 50x | as long as short |
| KuCoin LAUSDTM | +0.0010% | 4h | 0.07437 | −0.067% | $1.0M | $77K | 30x | as long as short |
| Binance LAUSDT | +0.0012% | 4h | 0.07442 | +0.006% | $4.8M | $9.4M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07440 | −0.027% | $1.4M | $2.8M | 20x | as long as short |
| Bybit LAUSDTlong | +0.0100% | 4h | 0.07442 | long leg | $2.4M | $2.5M | 25x |
BingX LA-USDT
Bitget LAUSDT
Aster LAUSDT
BloFin LA-USDT
MEXC LA_USDT
KuCoin LAUSDTM
Binance LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07441 | −0.008% | $142K | $433K | 10x | as long as short |
GRVT LA_USDT_Perp