Settings8H · net · $10k
Funding arb · Price arb /

LA

all LA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h −0.051%
Price spread now: BingX against Bitget−0.212%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$790.792% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.789%−$79 on $10k
Price spread, last 7 days+0.257%+$26 · spread now −0.212%, 7d avg +0.072%
Together, before fees−0.532%−$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.284% cheaper against Bitget than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of +0.072%). If the spread goes back, that is −$28 on $10k: about 19 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.789%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LAUSDT0.07561−0.0518get 0.0259% / 4h3h 57m$2.1M$532K25x
ShortBingX LA-USDT0.07545−0.0469pay 0.0234% / 4h3h 57m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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

Funding earned
$10.33
Price spread: −0.212% → +0.072%
−$28.36
Slippage, 4 orders
−$57.19
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$97.22
Costs to cover
0.792%
Break-even
72.9 days
Slippage from Bitget: live order book, 9 min ago; BingX: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 9 min ago4.66 bp25.2 bp −$25157.2 bp −$1,572doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago4.00 bp12.2 bp −$1223.0 bp −$230474.1 bp −$47.4K1205.1 bp −$602.6K

LA on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LAUSDT−0.1894%4h0.07541−0.265%$2.5M$2.4M25xas long as short
Bitget LAUSDTlong−0.0518%4h0.07561long leg$2.1M$532K25x
Aster LAUSDT−0.0487%4h0.07596+0.457%$52K$19K5xas long as short
BingX LA-USDTshort−0.0469%4h0.07545−0.212%$6.5M
Binance LAUSDT−0.0412%4h0.07540−0.278%$4.7M$9.1M25xas long as short
MEXC LA_USDT−0.0394%4h0.07533−0.370%$402K$137K50xas long as short
BloFin LA-USDT−0.0386%4h0.07565+0.053%$248K$20K25xas long as short
Gate LA_USDT−0.0220%4h0.07564+0.040%$247K$779K50xas long as short
KuCoin LAUSDTM−0.0116%4h0.07554−0.093%$1.0M$68K30xas long as short
OKX LA-USDT-SWAP+0.0100%4h0.07533−0.370%$1.4M$3.0M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07566+0.065%$150K$460K10xas long as short