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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAUSDT | 0.07430 | −0.0081 | get 0.0040% / 4h | 3h 55m | $4.7M | $9.8M | 25x |
| Short | Gate LA_USDT | 0.07426 | 0.0100 | get 0.0050% / 4h | 3h 55m | $235K | $806K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 0.67 bp | 17.3 bp −$17 | 78.2 bp −$782 | doesn't fit | doesn't fit |
| Sell Gate live order book, 61 min ago | 4.05 bp | 36.8 bp −$37 | 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 | −0.0452% | 4h | 0.07421 | −0.121% | $2.0M | $489K | 25x | as long as short |
| BingX LA-USDT | −0.0418% | 4h | 0.07431 | +0.013% | — | $6.6M | — | as long as short |
| KuCoin LAUSDTM | −0.0344% | 4h | 0.07431 | +0.013% | $1.0M | $85K | 30x | as long as short |
| Aster LAUSDT | −0.0215% | 4h | 0.07435 | +0.061% | $51K | $24K | 5x | as long as short |
| BloFin LA-USDT | −0.0102% | 4h | 0.07437 | +0.094% | $246K | $20K | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0087% | 4h | 0.07434 | +0.054% | $1.3M | $3.1M | 20x | as long as short |
| Binance LAUSDTlong | −0.0081% | 4h | 0.07430 | long leg | $4.7M | $9.8M | 25x | |
| MEXC LA_USDT | −0.0078% | 4h | 0.07430 | 0.000% | $379K | $131K | 50x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07435 | +0.067% | $2.3M | $2.6M | 25x | as long as short |
| Gate LA_USDTshort | +0.0100% | 4h | 0.07426 | −0.054% | $235K | $806K | 50x |
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 | 0.07427 | −0.047% | $146K | $467K | 10x | as long as short |
Binance LAUSDT
Gate LA_USDT
Bitget LAUSDT
BingX LA-USDT
KuCoin LAUSDTM
Aster LAUSDT
BloFin LA-USDT
OKX LA-USDT-SWAP
MEXC LA_USDT
Bybit LAUSDT
GRVT LA_USDT_Perp