Settings8H · net · $10k
Funding arb · Price arb /

LA

all LA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.075%
Price spread now: OKX against Bybit−0.119%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.195%−$20 on $10k
Price spread, last 7 days−0.131%−$13 · spread now −0.119%, 7d avg −0.084%
Together, before fees−0.326%−$33 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: OKX is 0.035% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LAUSDT0.075600.0100pay 0.0050% / 4h5m 20s$2.4M$2.4M25x
ShortOKX LA-USDT-SWAP0.075510.0100get 0.0050% / 4h5m 20s$1.3M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: −0.119% → −0.084%
−$3.54
Slippage, 4 orders
−$65.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$89.83
Costs to cover
0.863%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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 Bybit live order book, 2 min ago2.00 bp24.4 bp −$24129.8 bp −$1,298doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.00 bp18.8 bp −$19doesn't fitdoesn'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
Bitget LAUSDT−0.0480%4h0.07549−0.146%$2.1M$528K25xas long as short
Aster LAUSDT−0.0436%4h0.07505−0.728%$52K$17K5xas long as short
BingX LA-USDT−0.0436%4h0.07554−0.079%$6.6Mas long as short
BloFin LA-USDT−0.0375%4h0.07510−0.661%$249K$19K25xas long as short
Binance LAUSDT−0.0356%4h0.07556−0.052%$4.7M$8.9M25xas long as short
MEXC LA_USDT−0.0334%4h0.07516−0.582%$402K$141K50xas long as short
Gate LA_USDT−0.0140%4h0.07542−0.238%$247K$821K50xas long as short
KuCoin LAUSDTM−0.0094%4h0.07537−0.304%$1.0M$68K30xas long as short
Bybit LAUSDTlong+0.0100%4h0.07560long leg$2.4M$2.4M25x
OKX LA-USDT-SWAPshort+0.0100%4h0.07551−0.119%$1.3M$3.0M20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07515−0.598%$148K$473K10xas long as short