Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h +0.049%
Price spread now: Bitget against Gate−0.094%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1381.380% of the position
Funding, last 7 days+0.473%+$47 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.094%, 7d avg −0.067%
=Funding pays, the price is against you. Bitget is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.067%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.473% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LA_USDT | 0.07468 | −0.0290 | get 0.0145% / 4h | 1h 02m | $251K | $806K | 50x |
| Short | Bitget LAUSDT | 0.07461 | −0.0192 | pay 0.0096% / 4h | 1h 02m | $2.1M | $502K | 25x |
Gate LA_USDT
Bitget LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $20.58
- Price spread: −0.094% → −0.067%
- −$2.7
- Slippage, 4 orders
- −$110.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$120.1
- Costs to cover
- 1.380%
- Break-even
- 47.9 days
Slippage from Gate: live order book, 14 min ago; Bitget: live order book, 9 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 Gate live order book, 14 min ago | 2.69 bp | 55.1 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 2.02 bp | 25.7 bp −$26 | 89.5 bp −$895 | 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_USDTlong | −0.0290% | 4h | 0.07468 | long leg | $251K | $806K | 50x | |
| BingX LA-USDT | −0.0204% | 4h | 0.07464 | −0.054% | — | $6.5M | — | as long as short |
| Bitget LAUSDTshort | −0.0192% | 4h | 0.07461 | −0.094% | $2.1M | $502K | 25x | |
| Aster LAUSDT | −0.0083% | 4h | 0.07468 | −0.004% | $52K | $8K | 5x | as long as short |
| BloFin LA-USDT | −0.0059% | 4h | 0.07464 | −0.054% | $249K | $19K | 25x | as long as short |
| MEXC LA_USDT | −0.0044% | 4h | 0.07469 | +0.013% | $400K | $141K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0044% | 4h | 0.07472 | +0.054% | $1.0M | $57K | 30x | as long as short |
| Binance LAUSDT | −0.0042% | 4h | 0.07470 | +0.027% | $4.7M | $8.4M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07479 | +0.147% | $2.4M | $2.3M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07469 | +0.013% | $1.3M | $2.8M | 20x | as long as short |
BingX LA-USDT
Aster LAUSDT
BloFin LA-USDT
MEXC LA_USDT
KuCoin LAUSDTM
Binance LAUSDT
Bybit 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 | 0.07455 | −0.176% | $148K | $458K | 10x | as long as short |
GRVT LA_USDT_Perp