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+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.031%
Price spread now: Bitget against BingX+0.053%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$810.810% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.683%+$68 on $10k
Price spread, last 7 days−0.137%−$14 · spread now +0.053%, 7d avg −0.076%
Together, before fees+0.546%+$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.129% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LA-USDT0.07559−0.0090get 0.0045% / 4h0m 31s$6.6M
ShortBitget LAUSDT0.07563−0.0068pay 0.0034% / 4h0m 31s$2.1M$413K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
$4.62
Price spread: +0.053% → −0.076%
$12.85
Slippage, 4 orders
−$58.99
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$63.52
Costs to cover
0.810%
Break-even
103.2 days
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 2 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 BingX live order book, 6 min ago1.33 bp14.2 bp −$1448.8 bp −$488717.4 bp −$71.7K1168.9 bp −$584.5K
Sell Bitget live order book, 2 min ago4.63 bp34.1 bp −$34126.7 bp −$1,267doesn'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
BingX LA-USDTlong−0.0090%4h0.07559long leg$6.6M
Bitget LAUSDTshort−0.0068%4h0.07563+0.053%$2.1M$413K25x
KuCoin LAUSDTM0.0000%4h0.07558−0.013%$1.0M$74K30xas long as short
Aster LAUSDT+0.0045%4h0.07572+0.174%$52K$24K5xas long as short
BloFin LA-USDT+0.0045%4h0.07550−0.119%$251K$20K25xas long as short
Gate LA_USDT+0.0054%4h0.07554−0.066%$228K$822K50xas long as short
Binance LAUSDT+0.0100%4h0.07571+0.159%$4.9M$8.7M25xas long as short
Bybit LAUSDT+0.0100%4h0.07571+0.159%$2.4M$2.3M25xas long as short
OKX LA-USDT-SWAP+0.0100%4h0.07568+0.119%$1.4M$2.6M20xas long as short
MEXC LA_USDT+0.0100%4h0.07561+0.026%$388K$138K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07540−0.251%$147K$431K10xas long as short