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

LA

all LA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0346%/8h= +37.9% APRnext payment +$1.73 per $10,000 · paid last 24h −0.013%
Price spread now: BingX against Gate+0.013%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1011.009% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.318%−$32 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.013%, 7d avg +0.012%
Together, before fees−0.317%−$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.318%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LA_USDT0.07435−0.0968get 0.0484% / 4h1h 45m$240K$821K50x
ShortBingX LA-USDT0.07436−0.0622pay 0.0311% / 4h1h 45m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$72.66
Price spread: +0.013% → +0.012%
$0.17
Slippage, 4 orders
−$75.95
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$28.12
Costs to cover
1.009%
Break-even
9.7 days
Slippage from Gate: live order book, 16 min ago; BingX: live order book, 5 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 Gate live order book, 16 min ago4.03 bp41.1 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago2.69 bp14.0 bp −$1434.3 bp −$343682.9 bp −$68.3K1198.0 bp −$599.0K

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
KuCoin LAUSDTM−0.1120%4h0.07434−0.013%$1.0M$87K30xas long as short
Gate LA_USDTlong−0.0968%4h0.07435long leg$240K$821K50x
OKX LA-USDT-SWAP−0.0676%4h0.07439+0.054%$1.3M$3.1M20xas long as short
Aster LAUSDT−0.0662%4h0.07437+0.030%$51K$24K5xas long as short
BingX LA-USDTshort−0.0622%4h0.07436+0.013%$6.6M
Bitget LAUSDT−0.0602%4h0.07429−0.081%$2.0M$505K25xas long as short
BloFin LA-USDT−0.0568%4h0.07431−0.054%$20K25xas long as short
MEXC LA_USDT−0.0530%4h0.07436+0.013%$379K$136K50xas long as short
Binance LAUSDT−0.0525%4h0.07436+0.016%$4.7M$9.7M25xas long as short
Bybit LAUSDT+0.0100%4h0.07438+0.040%$2.4M$2.6M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07460+0.335%$140K$476K10xas long as short