Funding you earn now, next payment 00:00 UTC−0.0432%/8h= −47.3% APRnext payment −$2.16 per $10,000 · paid last 24h −0.012%
Price spread now: Gate against MEXC+0.027%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.027%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.16 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 | 0.07449 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $397K | $136K | 50x |
| Short | Gate LA_USDT | 0.07451 | −0.0332 | pay 0.0166% / 4h | 1h 43m | $250K | $789K | 50x |
MEXC LA_USDT
Gate LA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$90.72
- Price spread: +0.027% → +0.010%
- $1.68
- Slippage, 4 orders
- −$113.56
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$221.59
- Costs to cover
- 1.326%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 30 min ago; Gate: live order book, 38 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, 30 min ago | 0.67 bp | 8.1 bp −$8 | 29.1 bp −$291 | 346.5 bp −$34.6K | doesn't fit |
| Sell Gate live order book, 38 min ago | 3.37 bp | 72.2 bp −$72 | doesn't fit | 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_USDTshort | −0.0332% | 4h | 0.07451 | +0.027% | $250K | $789K | 50x | |
| Bitget LAUSDT | −0.0120% | 4h | 0.07442 | −0.094% | $2.1M | $523K | 25x | as long as short |
| BingX LA-USDT | −0.0080% | 4h | 0.07451 | +0.027% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0023% | 4h | 0.07449 | 0.000% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin LAUSDTM | +0.0022% | 4h | 0.07457 | +0.107% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | +0.0089% | 4h | 0.07445 | −0.057% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07449 | +0.002% | $4.7M | $8.4M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07455 | +0.081% | $2.4M | $2.3M | 25x | as long as short |
| MEXC LA_USDTlong | +0.0100% | 4h | 0.07449 | long leg | $397K | $136K | 50x | |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07457 | +0.112% | $145K | $456K | 10x | as long as short |
Bitget LAUSDT
BingX LA-USDT
OKX LA-USDT-SWAP
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDT
GRVT LA_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDT | +0.0100% | 4h | 0.07459 | +0.134% | $250K | $19K | 25x | as long as short |
BloFin LA-USDT