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−0.0520%/8h= −56.9% APRnext payment $2.60 per $10,000 · paid last 24h −0.167%
Price spread now: Bitget against GRVT−0.039%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$500as in the Funding arb table
Net, price: spread back to 7d avg − costs−$347as in the Price arb table
costs, in and out, $10k−$3473.468% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.531%−$153 on $10k
Price spread, last 4 days (all we have)−0.145%−$15 · spread now −0.039%, 7d avg −0.035%
Together, before fees−1.676%+ Points / potential airdropGRVT: Active · farm board−$168 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LA_USDT_Perp0.074060.0100pay 0.0050% / 4h54m 52s$139K$468K10x
ShortBitget LAUSDT0.07403−0.0420pay 0.0210% / 4h54m 52s$2.0M$493K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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
−$109.2
Price spread: −0.039% → −0.035%
−$0.45
Slippage, 4 orders
−$325.78
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$456.43
Costs to cover
3.468%
Break-even
never at this rate
Slippage from GRVT: live order book, 3 min ago; Bitget: 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 GRVT live order book, 3 min ago6.76 bp217.1 bp −$217412.7 bp −$4,127doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.38 bp24.5 bp −$25116.0 bp −$1,160doesn'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
KuCoin LAUSDTM−0.0974%4h0.07406+0.001%$1.0M$85K30xas long as short
Gate LA_USDT−0.0688%4h0.07408+0.028%$238K$813K50xas long as short
OKX LA-USDT-SWAP−0.0509%4h0.07411+0.069%$1.3M$3.1M20xas long as short
BingX LA-USDT−0.0492%4h0.07410+0.055%$6.6Mas long as short
Aster LAUSDT−0.0468%4h0.07407+0.014%$51K$24K5xas long as short
Bitget LAUSDTshort−0.0420%4h0.07403−0.039%$2.0M$493K25x
MEXC LA_USDT−0.0326%4h0.07408+0.028%$378K$132K50xas long as short
Binance LAUSDT−0.0317%4h0.07408+0.029%$4.7M$9.8M25xas long as short
BloFin LA-USDT−0.0296%4h0.07416+0.136%$248K$20K25xas long as short
Bybit LAUSDT+0.0100%4h0.07407+0.015%$2.3M$2.6M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perplong+0.0100%4h0.07406long leg$139K$468K10x