Funding you earn now, next payment 08:00 UTC−0.0594%/8h= −65.0% APRnext payment −$2.97 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against Gate+0.014%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days−0.318%−$32 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.014%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.318% in total (about -16.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.97 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 | Gate LA_USDT | 0.07395 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $237K | $837K | 50x |
| Short | BingX LA-USDT | 0.07396 | −0.0494 | pay 0.0247% / 4h | 3h 02m | — | $6.6M | — |
Gate LA_USDT
BingX LA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$124.74
- Price spread: +0.014% → +0.012%
- $0.13
- Slippage, 4 orders
- −$87.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$237.26
- Costs to cover
- 1.126%
- Break-even
- never at this rate
Slippage from Gate: live order book, 49 min ago; BingX: 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 Gate live order book, 49 min ago | 3.37 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.35 bp | 11.8 bp −$12 | 22.5 bp −$225 | 525.8 bp −$52.6K | 1042.6 bp −$521.3K |
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 LAUSDT | −0.0516% | 4h | 0.07383 | −0.162% | $2.0M | $471K | 25x | as long as short |
| BingX LA-USDTshort | −0.0494% | 4h | 0.07396 | +0.014% | — | $6.6M | — | |
| Aster LAUSDT | −0.0284% | 4h | 0.07397 | +0.027% | $51K | $25K | 5x | as long as short |
| Binance LAUSDT | −0.0159% | 4h | 0.07395 | 0.000% | $4.7M | $9.6M | 25x | as long as short |
| MEXC LA_USDT | −0.0154% | 4h | 0.07392 | −0.041% | $368K | $136K | 50x | as long as short |
| BloFin LA-USDT | −0.0144% | 4h | 0.07388 | −0.095% | $244K | $20K | 25x | as long as short |
| KuCoin LAUSDTM | +0.0026% | 4h | 0.07393 | −0.027% | $1.0M | $80K | 30x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07402 | +0.095% | $2.4M | $2.6M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07394 | −0.014% | $1.3M | $2.9M | 20x | as long as short |
| Gate LA_USDTlong | +0.0100% | 4h | 0.07395 | long leg | $237K | $837K | 50x |
Bitget LAUSDT
Aster LAUSDT
Binance 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 | 0.07410 | +0.203% | $142K | $471K | 10x | as long as short |
GRVT LA_USDT_Perp