Funding you earn now, next payment 04:00 UTC−0.0186%/8h= −20.3% APRnext payment −$0.93 per $10,000 · paid last 24h −0.168%
Price spread now: Gate against OKX−0.014%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
Funding, last 7 days−0.192%−$19 on $10k
+Price spread, last 4 days (all we have)−0.382%−$38 · spread now −0.014%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LA-USDT-SWAP | 0.07405 | −0.0572 | get 0.0286% / 4h | 1h 11m | $1.3M | $3.1M | 20x |
| Short | Gate LA_USDT | 0.07404 | −0.0758 | pay 0.0379% / 4h | 1h 11m | $238K | $839K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- −$38.96
- Price spread: −0.014% → −0.009%
- −$0.46
- Slippage, 4 orders
- −$94.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$159.01
- Costs to cover
- 1.196%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 50 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, 5 min ago | 2.69 bp | 20.9 bp −$21 | 509.1 bp −$5,091 | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 4.03 bp | 32.0 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.1064% | 4h | 0.07414 | +0.122% | $1.0M | $87K | 30x | as long as short |
| Gate LA_USDTshort | −0.0758% | 4h | 0.07404 | −0.014% | $238K | $839K | 50x | |
| OKX LA-USDT-SWAPlong | −0.0572% | 4h | 0.07405 | long leg | $1.3M | $3.1M | 20x | |
| BingX LA-USDT | −0.0560% | 4h | 0.07406 | +0.014% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0519% | 4h | 0.07410 | +0.063% | $51K | $24K | 5x | as long as short |
| Bitget LAUSDT | −0.0456% | 4h | 0.07398 | −0.095% | $2.0M | $500K | 25x | as long as short |
| MEXC LA_USDT | −0.0378% | 4h | 0.07405 | 0.000% | $377K | $138K | 50x | as long as short |
| Binance LAUSDT | −0.0376% | 4h | 0.07408 | +0.041% | $4.7M | $9.8M | 25x | as long as short |
| BloFin LA-USDT | −0.0320% | 4h | 0.07405 | 0.000% | $248K | $20K | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07404 | −0.014% | $2.3M | $2.6M | 25x | 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 | 0.07430 | +0.338% | $140K | $468K | 10x | as long as short |
OKX LA-USDT-SWAP
Gate LA_USDT
KuCoin LAUSDTM
BingX LA-USDT
Aster LAUSDT
Bitget LAUSDT
MEXC LA_USDT
Binance LAUSDT
BloFin LA-USDT
Bybit LAUSDT
GRVT LA_USDT_Perp