LA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0340%/8h= +37.3% APRnext payment +$1.70 per $10,000 · paid last 24h +0.081%

Price spread now: Bybit against MEXC+0.094%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$620.624% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.222%+$22 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.094%, 7d avg +0.063%

Together, before fees+0.310%+$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.031% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.063%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.222% in total (about 11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LA_USDT	0.07440	−0.0656	get 0.0328% / 4h	2h 31m	$379K	$139K	50x
Short	Bybit LAUSDT	0.07447	−0.0316	pay 0.0158% / 4h	2h 31m	$2.4M	$2.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now +0.094%Rate

Funding earned: $71.45
Price spread: +0.094% → +0.063%: $3.15
Slippage, 4 orders: −$47.43
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $12.17
Costs to cover: 0.624%
Break-even: 5.8 days

Slippage from MEXC: live order book, 19 min ago; Bybit: live order book, 1 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 MEXC live order book, 19 min ago	0.67 bp	7.9 bp −$8	50.3 bp −$503	387.9 bp −$38.8K	doesn't fit
Sell Bybit live order book, 1 min ago	3.36 bp	19.5 bp −$20	125.9 bp −$1,259	doesn't fit	doesn't fit

LA on 10 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_USDT	−0.1724%	4h	0.07455	+0.202%	$241K	$823K	50x	as long as short
KuCoin LAUSDTM	−0.1118%	4h	0.07458	+0.242%	$1.0M	$87K	30x	as long as short
Aster LAUSDT	−0.0792%	4h	0.07446	+0.081%	$51K	$24K	5x	as long as short
OKX LA-USDT-SWAP	−0.0678%	4h	0.07447	+0.094%	$1.3M	$3.1M	20x	as long as short
MEXC LA_USDTlong	−0.0656%	4h	0.07440	long leg	$379K	$139K	50x
BingX LA-USDT	−0.0654%	4h	0.07443	+0.040%	—	$6.6M	—	as long as short
Binance LAUSDT	−0.0654%	4h	0.07440	0.000%	$4.7M	$9.8M	25x	as long as short
Bitget LAUSDT	−0.0646%	4h	0.07450	+0.134%	$2.1M	$527K	25x	as long as short
Bybit LAUSDTshort	−0.0316%	4h	0.07447	+0.094%	$2.4M	$2.7M	25x
GRVT LA_USDT_Perp	+0.0100%	4h	0.07449	+0.120%	$151K	$479K	10x	as long as short