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

LA

all LA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.82 per $10,000 · paid last 24h −0.035%
Price spread now: MEXC against KuCoin+0.120%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$910as in the Price arb table
costs, in and out, $10k−$9269.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.120%, 7d avg −0.043%
Together, before fees−0.236%−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.163% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.201%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LAUSDTM0.07531−0.0064get 0.0032% / 4h3h 48m$1.0M$73K30x
ShortMEXC LA_USDT0.075400.0100get 0.0050% / 4h3h 48m$387K$132K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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
$34.44
Price spread: +0.120% → −0.043%
$16.25
Slippage, 4 orders
−$910.34
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$875.64
Costs to cover
9.263%
Break-even
185.0 days
Slippage from KuCoin: live order book, 7 min ago; MEXC: live order book, 32 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 KuCoin live order book, 7 min ago7.97 bp367.6 bp −$368doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 32 min ago1.33 bp9.1 bp −$968.6 bp −$686364.8 bp −$36.5Kdoesn'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
Gate LA_USDT−0.0708%4h0.07533+0.027%$226K$785K50xas long as short
BingX LA-USDT−0.0146%4h0.07541+0.133%$6.5Mas long as short
KuCoin LAUSDTMlong−0.0064%4h0.07531long leg$1.0M$73K30x
Bitget LAUSDT−0.0040%4h0.07533+0.027%$2.1M$407K25xas long as short
Aster LAUSDT+0.0047%4h0.07534+0.035%$52K$24K5xas long as short
BloFin LA-USDT+0.0100%4h0.07532+0.013%$253K$20K25xas long as short
Binance LAUSDT+0.0100%4h0.07539+0.106%$4.9M$8.6M25xas long as short
Bybit LAUSDT+0.0100%4h0.07540+0.120%$2.4M$2.2M25xas long as short
OKX LA-USDT-SWAP+0.0100%4h0.07537+0.080%$1.4M$2.5M20xas long as short
MEXC LA_USDTshort+0.0100%4h0.07540+0.120%$387K$132K50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07528−0.037%$142K$426K10xas long as short