LA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0255%/8h= −27.9% APRnext payment −$1.28 per $10,000 · paid last 24h −0.160%

Price spread now: Binance against OKX+0.041%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$740.736% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days+0.067%+$7 · spread now +0.041%, 7d avg +0.017%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.024% dearer against OKX than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of +0.017%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.028% in total) that is about 5.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.28 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	OKX LA-USDT-SWAP	0.07404	0.0074	pay 0.0037% / 4h	3h 25m	$1.3M	$3.0M	20x
Short	Binance LAUSDT	0.07407	−0.0181	pay 0.0091% / 4h	3h 25m	$4.7M	$9.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.041%Rate

Funding earned: −$53.57
Price spread: +0.041% → +0.017%: $2.38
Slippage, 4 orders: −$53.59
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$124.77
Costs to cover: 0.736%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Binance: live order book, 14 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 OKX live order book, 2 min ago	2.03 bp	19.8 bp −$20	401.3 bp −$4,013	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.35 bp	15.3 bp −$15	48.7 bp −$487	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	−0.0574%	4h	0.07402	−0.027%	$2.0M	$477K	25x	as long as short
BingX LA-USDT	−0.0540%	4h	0.07407	+0.041%	—	$6.6M	—	as long as short
Aster LAUSDT	−0.0318%	4h	0.07406	+0.032%	$51K	$25K	5x	as long as short
BloFin LA-USDT	−0.0186%	4h	0.07412	+0.108%	$245K	$20K	25x	as long as short
Binance LAUSDTshort	−0.0181%	4h	0.07407	+0.041%	$4.7M	$9.7M	25x
MEXC LA_USDT	−0.0180%	4h	0.07407	+0.041%	$375K	$134K	50x	as long as short
KuCoin LAUSDTM	−0.0130%	4h	0.07405	+0.014%	$1.0M	$83K	30x	as long as short
OKX LA-USDT-SWAPlong	+0.0074%	4h	0.07404	long leg	$1.3M	$3.0M	20x
Bybit LAUSDT	+0.0100%	4h	0.07412	+0.108%	$2.4M	$2.6M	25x	as long as short
Gate LA_USDT	+0.0100%	4h	0.07406	+0.027%	$237K	$826K	50x	as long as short

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	0.07401	−0.043%	$146K	$467K	10x	as long as short