LA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0282%/8h= +30.9% APRnext payment +$1.41 per $10,000 · paid last 24h +0.162%

Price spread now: OKX against Gate−0.013%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1291.295% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.181%+$18 on $10k

Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.013%, 7d avg +0.012%

Together, before fees+0.290%+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.012%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.181% in total) that is about 23 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.181% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.41 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	0.07482	−0.0182	get 0.0091% / 4h	24m 03s	$249K	$804K	50x
Short	OKX LA-USDT-SWAP	0.07481	0.0100	get 0.0050% / 4h	24m 03s	$1.3M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee GatebpFee OKXbpOrdersPrice spread, now −0.013%Rate

Funding earned: $59.22
Price spread: −0.013% → +0.012%: −$2.52
Slippage, 4 orders: −$104.46
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$72.75
Costs to cover: 1.295%
Break-even: 15.6 days

Slippage from Gate: live order book, 53 min ago; OKX: live order book, 3 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, 53 min ago	2.69 bp	55.1 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.00 bp	19.7 bp −$20	doesn't fit	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
Bitget LAUSDT	−0.0316%	4h	0.07486	+0.053%	$2.1M	$511K	25x	as long as short
BingX LA-USDT	−0.0274%	4h	0.07481	−0.013%	—	$6.6M	—	as long as short
Aster LAUSDT	−0.0229%	4h	0.07493	+0.147%	$53K	$8K	5x	as long as short
Gate LA_USDTlong	−0.0182%	4h	0.07482	long leg	$249K	$804K	50x
BloFin LA-USDT	−0.0181%	4h	0.07485	+0.040%	$250K	$19K	25x	as long as short
Binance LAUSDT	−0.0156%	4h	0.07480	−0.027%	$4.7M	$8.6M	25x	as long as short
MEXC LA_USDT	−0.0156%	4h	0.07478	−0.053%	$400K	$140K	50x	as long as short
KuCoin LAUSDTM	+0.0006%	4h	0.07493	+0.147%	$1.0M	$62K	30x	as long as short
Bybit LAUSDT	+0.0100%	4h	0.07486	+0.053%	$2.4M	$2.3M	25x	as long as short
OKX LA-USDT-SWAPshort	+0.0100%	4h	0.07481	−0.013%	$1.3M	$2.9M	20x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LA_USDT_Perp	+0.0100%	4h	0.07490	+0.107%	$152K	$459K	10x	as long as short