Funding you earn now, next payment 04:00 UTC+0.0113%/8h= +12.4% APRnext payment +$0.57 per $10,000 · paid last 24h −0.039%
Price spread now: Binance against Bitget+0.107%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$790.791% of the position
Funding, last 7 days−0.328%−$33 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.107%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.328%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LAUSDT | 0.07559 | −0.0508 | get 0.0254% / 4h | 3h 59m | $2.1M | $530K | 25x |
| Short | Binance LAUSDT | 0.07567 | −0.0395 | pay 0.0197% / 4h | 3h 59m | $4.7M | $9.0M | 25x |
Bitget LAUSDT
Binance LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $23.81
- Price spread: +0.107% → +0.068%
- $3.87
- Slippage, 4 orders
- −$57.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.4
- Costs to cover
- 0.791%
- Break-even
- 22.1 days
Slippage from Bitget: live order book, 7 min ago; Binance: live order book, 10 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 Bitget live order book, 7 min ago | 4.66 bp | 25.2 bp −$25 | 157.2 bp −$1,572 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.33 bp | 12.9 bp −$13 | 43.2 bp −$432 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDTlong | −0.0508% | 4h | 0.07559 | long leg | $2.1M | $530K | 25x | |
| Aster LAUSDT | −0.0477% | 4h | 0.07571 | +0.159% | $52K | $19K | 5x | as long as short |
| BingX LA-USDT | −0.0460% | 4h | 0.07570 | +0.146% | — | $6.6M | — | as long as short |
| BloFin LA-USDT | −0.0409% | 4h | 0.07561 | +0.026% | $250K | $20K | 25x | as long as short |
| Binance LAUSDTshort | −0.0395% | 4h | 0.07567 | +0.107% | $4.7M | $9.0M | 25x | |
| MEXC LA_USDT | −0.0380% | 4h | 0.07567 | +0.106% | $404K | $137K | 50x | as long as short |
| Gate LA_USDT | −0.0126% | 4h | 0.07579 | +0.265% | $248K | $825K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0112% | 4h | 0.07576 | +0.225% | $1.0M | $68K | 30x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07573 | +0.185% | $2.5M | $2.4M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07559 | 0.000% | $1.4M | $3.0M | 20x | as long as short |
Aster LAUSDT
BingX LA-USDT
BloFin LA-USDT
MEXC LA_USDT
Gate LA_USDT
KuCoin LAUSDTM
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07545 | −0.190% | $149K | $460K | 10x | as long as short |
GRVT LA_USDT_Perp