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+0.0181%/8h= +19.8% APRnext payment +$0.90 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Binance−0.054%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$15 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.054%, 7d avg +0.011%
Together, before fees−0.252%−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.065% cheaper against Binance than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.011%). If the spread goes back, that is −$6 on $10k: about 29 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LAUSDT0.07430−0.0081get 0.0040% / 4h3h 55m$4.7M$9.8M25x
ShortGate LA_USDT0.074260.0100get 0.0050% / 4h3h 55m$235K$806K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
$37.96
Price spread: −0.054% → +0.011%
−$6.47
Slippage, 4 orders
−$88.01
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$81.52
Costs to cover
1.130%
Break-even
22.0 days
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 61 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 Binance live order book, 14 min ago0.67 bp17.3 bp −$1778.2 bp −$782doesn't fitdoesn't fit
Sell Gate live order book, 61 min ago4.05 bp36.8 bp −$37doesn'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−0.0452%4h0.07421−0.121%$2.0M$489K25xas long as short
BingX LA-USDT−0.0418%4h0.07431+0.013%$6.6Mas long as short
KuCoin LAUSDTM−0.0344%4h0.07431+0.013%$1.0M$85K30xas long as short
Aster LAUSDT−0.0215%4h0.07435+0.061%$51K$24K5xas long as short
BloFin LA-USDT−0.0102%4h0.07437+0.094%$246K$20K25xas long as short
OKX LA-USDT-SWAP−0.0087%4h0.07434+0.054%$1.3M$3.1M20xas long as short
Binance LAUSDTlong−0.0081%4h0.07430long leg$4.7M$9.8M25x
MEXC LA_USDT−0.0078%4h0.074300.000%$379K$131K50xas long as short
Bybit LAUSDT+0.0100%4h0.07435+0.067%$2.3M$2.6M25xas long as short
Gate LA_USDTshort+0.0100%4h0.07426−0.054%$235K$806K50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07427−0.047%$146K$467K10xas long as short