Funding you earn now, next payment 08:00 UTC+0.0364%/8h= +39.9% APRnext payment +$1.82 per $10,000 · paid last 24h +0.161%
Price spread now: OKX against Bitget+0.135%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$820.825% of the position
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.135%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and OKX is 0.079% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.153% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.82 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 | Bitget LAUSDT | 0.07432 | −0.0264 | get 0.0132% / 4h | 1h 05m | $2.0M | $430K | 25x |
| Short | OKX LA-USDT-SWAP | 0.07442 | 0.0100 | get 0.0050% / 4h | 1h 05m | $1.4M | $2.8M | 20x |
Bitget LAUSDT
OKX LA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $76.44
- Price spread: +0.135% → +0.056%
- $7.86
- Slippage, 4 orders
- −$60.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $1.82
- Costs to cover
- 0.825%
- Break-even
- 6.8 days
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 1.34 bp | 20.7 bp −$21 | 172.0 bp −$1,720 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.01 bp | 18.6 bp −$19 | 477.1 bp −$4,771 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDT | −0.0288% | 4h | 0.07444 | +0.161% | — | $6.6M | — | as long as short |
| Bitget LAUSDTlong | −0.0264% | 4h | 0.07432 | long leg | $2.0M | $430K | 25x | |
| Gate LA_USDT | −0.0102% | 4h | 0.07443 | +0.148% | $228K | $827K | 50x | as long as short |
| Aster LAUSDT | −0.0085% | 4h | 0.07447 | +0.196% | $51K | $25K | 5x | as long as short |
| KuCoin LAUSDTM | +0.0020% | 4h | 0.07440 | +0.108% | $1.0M | $77K | 30x | as long as short |
| MEXC LA_USDT | +0.0024% | 4h | 0.07443 | +0.148% | $387K | $136K | 50x | as long as short |
| Binance LAUSDT | +0.0025% | 4h | 0.07442 | +0.135% | $4.8M | $9.4M | 25x | as long as short |
| BloFin LA-USDT | +0.0055% | 4h | 0.07447 | +0.202% | $248K | $20K | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07448 | +0.215% | $2.4M | $2.5M | 25x | as long as short |
| OKX LA-USDT-SWAPshort | +0.0100% | 4h | 0.07442 | +0.135% | $1.4M | $2.8M | 20x |
BingX LA-USDT
Gate LA_USDT
Aster LAUSDT
KuCoin LAUSDTM
MEXC LA_USDT
Binance LAUSDT
BloFin LA-USDT
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 | 0.07444 | +0.158% | $142K | $433K | 10x | as long as short |
GRVT LA_USDT_Perp