Settings8H · net · $10k
Funding arb · Price arb /

LA

all LA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.077%
Price spread now: KuCoin against Gate−0.013%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$481as in the Funding arb table
Net, price: spread back to 7d avg − costs−$522as in the Price arb table
costs, in and out, $10k−$5175.171% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.365%+$36 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.013%, 7d avg +0.033%
Together, before fees+0.378%+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.046% cheaper against Gate than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.033%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LA_USDT0.07408−0.0372get 0.0186% / 4h1h 47m$230K$809K50x
ShortKuCoin LAUSDTM0.07407−0.0060pay 0.0030% / 4h1h 47m$1.0M$79K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$65.52
Price spread: −0.013% → +0.033%
−$4.6
Slippage, 4 orders
−$490.06
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$456.15
Costs to cover
5.171%
Break-even
55.7 days
Slippage from Gate: live order book, 59 min ago; KuCoin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 59 min ago2.70 bp38.5 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago6.76 bp292.0 bp −$292doesn't fitdoesn't fitdoesn't fit

LA on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LAUSDT−0.0478%4h0.07406−0.027%$2.0M$462K25xas long as short
BingX LA-USDT−0.0462%4h0.07407−0.013%$6.6Mas long as short
Gate LA_USDTlong−0.0372%4h0.07408long leg$230K$809K50x
Aster LAUSDT−0.0218%4h0.07406−0.024%$51K$23K5xas long as short
BloFin LA-USDT−0.0173%4h0.07416+0.108%$248K$20K25xas long as short
MEXC LA_USDT−0.0122%4h0.074080.000%$386K$132K50xas long as short
Binance LAUSDT−0.0104%4h0.07409+0.009%$4.7M$9.6M25xas long as short
KuCoin LAUSDTMshort−0.0060%4h0.07407−0.013%$1.0M$79K30x
OKX LA-USDT-SWAP+0.0008%4h0.07404−0.054%$1.4M$2.9M20xas long as short
Bybit LAUSDT+0.0100%4h0.07411+0.040%$2.4M$2.6M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07400−0.108%$146K$440K10xas long as short