Funding you earn now, next payment 00:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.85 per $10,000 · paid last 24h −0.039%
Price spread now: BloFin against Bitget+0.216%75s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$730.728% of the position
Funding, last 7 days−0.321%−$32 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.216%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.161% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.321%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LAUSDT | 0.07397 | −0.0062 | get 0.0031% / 4h | 2h 11m | $2.0M | $519K | 25x |
| Short | BloFin LA-USDT | 0.07413 | 0.0109 | get 0.0054% / 4h | 2h 11m | $251K | $19K | 25x |
Bitget LAUSDT
BloFin LA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $35.86
- Price spread: +0.216% → +0.055%
- $16.13
- Slippage, 4 orders
- −$48.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.8
- Costs to cover
- 0.728%
- Break-even
- 11.1 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 4 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, 5 min ago | 3.38 bp | 21.2 bp −$21 | 111.6 bp −$1,116 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.67 bp | 12.4 bp −$12 | 28.4 bp −$284 | 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_USDT | −0.0442% | 4h | 0.07414 | +0.230% | $251K | $804K | 50x | as long as short |
| BingX LA-USDT | −0.0120% | 4h | 0.07414 | +0.230% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0119% | 4h | 0.07411 | +0.189% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin LAUSDTM | −0.0104% | 4h | 0.07415 | +0.243% | $1.0M | $58K | 30x | as long as short |
| Bitget LAUSDTlong | −0.0062% | 4h | 0.07397 | long leg | $2.0M | $519K | 25x | |
| Aster LAUSDT | +0.0093% | 4h | 0.07415 | +0.246% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07412 | +0.203% | $4.7M | $8.3M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07420 | +0.311% | $2.4M | $2.3M | 25x | as long as short |
| MEXC LA_USDT | +0.0100% | 4h | 0.07408 | +0.149% | $398K | $139K | 50x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | +0.179% | $143K | $470K | 10x | as long as short |
Gate LA_USDT
BingX LA-USDT
OKX LA-USDT-SWAP
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDT
MEXC LA_USDT
GRVT LA_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDTshort | +0.0109% | 4h | 0.07413 | +0.216% | $251K | $19K | 25x |