Funding you earn now, next payment 00:00 UTC+0.0544%/8h= +59.6% APRnext payment +$2.72 per $10,000 · paid last 24h +0.087%
Price spread now: Bybit against Gate+0.068%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1591.592% of the position
Funding, last 7 days+0.377%+$38 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now +0.068%, 7d avg +0.050%
=The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$16 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 0.377% in total (about 19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.72 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 | 0.07402 | −0.0444 | get 0.0222% / 4h | 3h 22m | $246K | $795K | 50x |
| Short | Bybit LAUSDT | 0.07407 | 0.0100 | get 0.0050% / 4h | 3h 22m | $2.3M | $2.3M | 25x |
Gate LA_USDT
Bybit LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $114.24
- Price spread: +0.068% → +0.050%
- $1.75
- Slippage, 4 orders
- −$133.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$43.18
- Costs to cover
- 1.592%
- Break-even
- 9.6 days
Slippage from Gate: live order book, 3 min ago; Bybit: 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, 3 min ago | 4.72 bp | 52.5 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.35 bp | 19.4 bp −$19 | 124.0 bp −$1,240 | 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 | −0.0444% | 4h | 0.07402 | long leg | $246K | $795K | 50x | |
| KuCoin LAUSDTM | −0.0298% | 4h | 0.07411 | +0.122% | $1.0M | $61K | 30x | as long as short |
| Bitget LAUSDT | −0.0250% | 4h | 0.07393 | −0.122% | $2.0M | $529K | 25x | as long as short |
| BingX LA-USDT | −0.0248% | 4h | 0.07405 | +0.041% | — | $6.5M | — | as long as short |
| Aster LAUSDT | −0.0162% | 4h | 0.07395 | −0.093% | $52K | $8K | 5x | as long as short |
| OKX LA-USDT-SWAP | −0.0151% | 4h | 0.07407 | +0.068% | $1.3M | $2.7M | 20x | as long as short |
| Binance LAUSDT | −0.0142% | 4h | 0.07403 | +0.014% | $4.7M | $8.4M | 25x | as long as short |
| BloFin LA-USDT | −0.0140% | 4h | 0.07395 | −0.095% | $252K | $19K | 25x | as long as short |
| MEXC LA_USDT | −0.0134% | 4h | 0.07404 | +0.027% | $393K | $141K | 50x | as long as short |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07407 | +0.068% | $2.3M | $2.3M | 25x |
KuCoin LAUSDTM
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
OKX LA-USDT-SWAP
Binance LAUSDT
BloFin LA-USDT
MEXC LA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07407 | +0.069% | $144K | $476K | 10x | as long as short |
GRVT LA_USDT_Perp