Funding you earn now, next payment 04:00 UTC−0.0109%/8h= −12.0% APRnext payment −$0.55 per $10,000 · paid last 24h +0.020%
Price spread now: Bitget against Binance−0.108%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$720.715% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now −0.108%, 7d avg −0.070%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.038% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.070%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.263%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAUSDT | 0.07414 | −0.0489 | get 0.0244% / 4h | 1h 39m | $4.7M | $9.7M | 25x |
| Short | Bitget LAUSDT | 0.07406 | −0.0598 | pay 0.0299% / 4h | 1h 39m | $2.0M | $494K | 25x |
Binance LAUSDT
Bitget LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$22.97
- Price spread: −0.108% → −0.070%
- −$3.78
- Slippage, 4 orders
- −$49.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$98.27
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: 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 Binance live order book, 15 min ago | 1.35 bp | 15.2 bp −$15 | 64.6 bp −$646 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.03 bp | 25.4 bp −$25 | 136.7 bp −$1,367 | 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 | −0.1146% | 4h | 0.07434 | +0.270% | $1.0M | $86K | 30x | as long as short |
| Gate LA_USDT | −0.1022% | 4h | 0.07428 | +0.189% | $239K | $825K | 50x | as long as short |
| OKX LA-USDT-SWAP | −0.0703% | 4h | 0.07414 | 0.000% | $1.3M | $3.1M | 20x | as long as short |
| BingX LA-USDT | −0.0632% | 4h | 0.07426 | +0.162% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0632% | 4h | 0.07428 | +0.195% | $51K | $24K | 5x | as long as short |
| Bitget LAUSDTshort | −0.0598% | 4h | 0.07406 | −0.108% | $2.0M | $494K | 25x | |
| MEXC LA_USDT | −0.0492% | 4h | 0.07417 | +0.040% | $378K | $136K | 50x | as long as short |
| Binance LAUSDTlong | −0.0489% | 4h | 0.07414 | long leg | $4.7M | $9.7M | 25x | |
| BloFin LA-USDT | −0.0471% | 4h | 0.07424 | +0.135% | $248K | $20K | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07419 | +0.067% | $2.4M | $2.6M | 25x | as long as short |
KuCoin LAUSDTM
Gate LA_USDT
OKX LA-USDT-SWAP
BingX LA-USDT
Aster LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07433 | +0.255% | $140K | $476K | 10x | as long as short |
GRVT LA_USDT_Perp