Funding you earn now, next payment 00:00 UTC−0.0356%/8h= −39.0% APRnext payment −$1.78 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against BingX+0.054%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1431.427% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.054%, 7d avg −0.011%
=The price spread pays, funding is against you. Gate is 0.065% dearer against BingX than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.011%): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.316%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07424 | −0.0170 | get 0.0085% / 4h | 2h 25m | — | $6.6M | — |
| Short | Gate LA_USDT | 0.07428 | −0.0526 | pay 0.0263% / 4h | 2h 25m | $246K | $795K | 50x |
BingX LA-USDT
Gate LA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$74.76
- Price spread: +0.054% → −0.011%
- $6.5
- Slippage, 4 orders
- −$117.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$210.96
- Costs to cover
- 1.427%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 61 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 BingX live order book, 6 min ago | 2.02 bp | 11.0 bp −$11 | 18.8 bp −$188 | 381.2 bp −$38.1K | 1051.1 bp −$525.6K |
| Sell Gate live order book, 61 min ago | 4.72 bp | 66.3 bp −$66 | 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 | −0.0526% | 4h | 0.07428 | +0.054% | $246K | $795K | 50x | |
| KuCoin LAUSDTM | −0.0182% | 4h | 0.07427 | +0.040% | $1.0M | $58K | 30x | as long as short |
| BingX LA-USDTlong | −0.0170% | 4h | 0.07424 | long leg | — | $6.6M | — | |
| OKX LA-USDT-SWAP | −0.0152% | 4h | 0.07428 | +0.054% | $1.3M | $2.8M | 20x | as long as short |
| Bitget LAUSDT | −0.0110% | 4h | 0.07424 | 0.000% | $2.0M | $521K | 25x | as long as short |
| BloFin LA-USDT | +0.0029% | 4h | 0.07433 | +0.121% | $251K | $19K | 25x | as long as short |
| MEXC LA_USDT | +0.0038% | 4h | 0.07425 | +0.013% | $399K | $138K | 50x | as long as short |
| Aster LAUSDT | +0.0038% | 4h | 0.07425 | +0.018% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0052% | 4h | 0.07425 | +0.017% | $4.7M | $8.3M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07432 | +0.108% | $2.4M | $2.3M | 25x | as long as short |
KuCoin LAUSDTM
OKX LA-USDT-SWAP
Bitget LAUSDT
BloFin LA-USDT
MEXC LA_USDT
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07415 | −0.124% | $143K | $470K | 10x | as long as short |
GRVT LA_USDT_Perp