Funding you earn now, next payment 00:00 UTC−0.0554%/8h= −60.6% APRnext payment −$2.77 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against Binance+0.027%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1461.458% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.027%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$17 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 -0.146% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.77 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 | Binance LAUSDT | 0.07418 | 0.0074 | pay 0.0037% / 4h | 2h 20m | $4.7M | $8.3M | 25x |
| Short | Gate LA_USDT | 0.07420 | −0.0480 | pay 0.0240% / 4h | 2h 20m | $245K | $796K | 50x |
Binance LAUSDT
Gate LA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$116.26
- Price spread: +0.027% → +0.009%
- $1.82
- Slippage, 4 orders
- −$120.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$260.22
- Costs to cover
- 1.458%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: 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 Binance live order book, 4 min ago | 0.67 bp | 15.0 bp −$15 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 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 | −0.0480% | 4h | 0.07420 | +0.027% | $245K | $796K | 50x | |
| KuCoin LAUSDTM | −0.0148% | 4h | 0.07426 | +0.108% | $1.0M | $58K | 30x | as long as short |
| BingX LA-USDT | −0.0140% | 4h | 0.07420 | +0.027% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0127% | 4h | 0.07422 | +0.054% | $1.3M | $2.8M | 20x | as long as short |
| Bitget LAUSDT | −0.0088% | 4h | 0.07414 | −0.054% | $2.0M | $519K | 25x | as long as short |
| Aster LAUSDT | +0.0063% | 4h | 0.07423 | +0.067% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDT | +0.0072% | 4h | 0.07417 | −0.013% | $399K | $138K | 50x | as long as short |
| Binance LAUSDTlong | +0.0074% | 4h | 0.07418 | long leg | $4.7M | $8.3M | 25x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07421 | +0.040% | $2.4M | $2.3M | 25x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07421 | +0.044% | $143K | $470K | 10x | as long as short |
KuCoin LAUSDTM
BingX LA-USDT
OKX LA-USDT-SWAP
Bitget LAUSDT
Aster LAUSDT
MEXC LA_USDT
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 | +0.0121% | 4h | 0.07422 | +0.054% | $251K | $19K | 25x | as long as short |
BloFin LA-USDT