Funding you earn now, next payment 00:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.94 per $10,000 · paid last 24h +0.011%
Price spread now: Binance against Gate−0.011%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1201.205% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.011%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LA_USDT | 0.07474 | −0.0206 | get 0.0103% / 4h | 48m 32s | $251K | $784K | 50x |
| Short | Binance LAUSDT | 0.07473 | −0.0017 | pay 0.0009% / 4h | 48m 32s | $4.7M | $8.5M | 25x |
Gate LA_USDT
Binance LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $39.63
- Price spread: −0.011% → −0.009%
- −$0.22
- Slippage, 4 orders
- −$95.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.07
- Costs to cover
- 1.205%
- Break-even
- 21.3 days
Slippage from Gate: live order book, 28 min ago; Binance: live order book, 6 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 Gate live order book, 28 min ago | 2.69 bp | 55.1 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.34 bp | 12.8 bp −$13 | 35.9 bp −$359 | 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_USDTlong | −0.0206% | 4h | 0.07474 | long leg | $251K | $784K | 50x | |
| BingX LA-USDT | −0.0174% | 4h | 0.07478 | +0.054% | — | $6.5M | — | as long as short |
| Bitget LAUSDT | −0.0154% | 4h | 0.07467 | −0.094% | $2.1M | $500K | 25x | as long as short |
| Aster LAUSDT | −0.0071% | 4h | 0.07478 | +0.059% | $52K | $8K | 5x | as long as short |
| Binance LAUSDTshort | −0.0017% | 4h | 0.07473 | −0.011% | $4.7M | $8.5M | 25x | |
| MEXC LA_USDT | −0.0016% | 4h | 0.07474 | 0.000% | $400K | $138K | 50x | as long as short |
| BloFin LA-USDT | −0.0011% | 4h | 0.07477 | +0.040% | $250K | $19K | 25x | as long as short |
| KuCoin LAUSDTM | +0.0018% | 4h | 0.07479 | +0.067% | $1.0M | $56K | 30x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07482 | +0.107% | $2.4M | $2.3M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07476 | +0.027% | $1.3M | $2.8M | 20x | as long as short |
BingX LA-USDT
Bitget LAUSDT
Aster LAUSDT
MEXC LA_USDT
BloFin 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 | 0.07480 | +0.080% | $143K | $457K | 10x | as long as short |
GRVT LA_USDT_Perp