Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.56 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against Gate+0.027%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.027%, 7d avg −0.020%
=The price spread pays, funding is against you. BloFin is 0.047% dearer against Gate than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.020%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours. Mind the row above: over the last 7 days funding on this pair paid +0.182%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LA_USDT | 0.07392 | −0.0010 | get 0.0005% / 4h | 2h 42m | $234K | $813K | 50x |
| Short | BloFin LA-USDT | 0.07394 | −0.0122 | pay 0.0061% / 4h | 2h 42m | $244K | $20K | 25x |
Gate LA_USDT
BloFin LA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$23.51
- Price spread: +0.027% → −0.020%
- $4.73
- Slippage, 4 orders
- −$89.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$135.06
- Costs to cover
- 1.163%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 39 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, 4 min ago | 2.70 bp | 38.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 39 min ago | 4.04 bp | 15.1 bp −$15 | 37.6 bp −$376 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0572% | 4h | 0.07369 | −0.311% | $2.0M | $475K | 25x | as long as short |
| BingX LA-USDT | −0.0504% | 4h | 0.07394 | +0.027% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0297% | 4h | 0.07394 | +0.023% | $51K | $25K | 5x | as long as short |
| Binance LAUSDT | −0.0184% | 4h | 0.07382 | −0.134% | $4.6M | $9.6M | 25x | as long as short |
| MEXC LA_USDT | −0.0176% | 4h | 0.07390 | −0.027% | $382K | $132K | 50x | as long as short |
| BloFin LA-USDTshort | −0.0122% | 4h | 0.07394 | +0.027% | $244K | $20K | 25x | |
| Gate LA_USDTlong | −0.0010% | 4h | 0.07392 | long leg | $234K | $813K | 50x | |
| Bybit LAUSDT | +0.0023% | 4h | 0.07379 | −0.176% | $2.3M | $2.6M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07375 | −0.230% | $1.3M | $2.9M | 20x | as long as short |
| KuCoin LAUSDTM | +0.0100% | 4h | 0.07395 | +0.041% | $1.0M | $80K | 30x | as long as short |
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
Bybit LAUSDT
OKX LA-USDT-SWAP
KuCoin LAUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07400 | +0.108% | $142K | $441K | 10x | as long as short |
GRVT LA_USDT_Perp