Settings8H · net · $10k
Funding arb · Price arb /

LA

all LA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h −0.039%
Price spread now: Binance against Bitget+0.068%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.328%−$33 on $10k
Price spread, last 7 days−0.049%−$5 · spread now +0.068%, 7d avg +0.067%
Together, before fees−0.376%−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.067%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.328%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LAUSDT0.07396−0.0168get 0.0084% / 4h1h 35m$2.0M$525K25x
ShortBinance LAUSDT0.074010.0044get 0.0022% / 4h1h 35m$4.7M$8.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$44.56
Price spread: +0.068% → +0.067%
$0.07
Slippage, 4 orders
−$48.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$25.83
Costs to cover
0.705%
Break-even
11.1 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 3 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 Bitget live order book, 1 min ago2.03 bp23.4 bp −$2393.5 bp −$935doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.67 bp12.2 bp −$1239.5 bp −$395doesn'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
Gate LA_USDT−0.0306%4h0.07405+0.122%$249K$792K50xas long as short
Bitget LAUSDTlong−0.0168%4h0.07396long leg$2.0M$525K25x
BingX LA-USDT−0.0142%4h0.07400+0.054%$6.6Mas long as short
OKX LA-USDT-SWAP−0.0006%4h0.07399+0.041%$1.3M$2.8M20xas long as short
BloFin LA-USDT+0.0009%4h0.07438+0.568%$250K$19K25xas long as short
KuCoin LAUSDTM+0.0026%4h0.07424+0.379%$1.0M$57K30xas long as short
Aster LAUSDT+0.0033%4h0.07407+0.149%$52K$8K5xas long as short
Binance LAUSDTshort+0.0044%4h0.07401+0.068%$4.7M$8.4M25x
MEXC LA_USDT+0.0066%4h0.07400+0.054%$395K$137K50xas long as short
Bybit LAUSDT+0.0100%4h0.07401+0.068%$2.3M$2.3M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LA_USDT_Perp+0.0100%4h0.07450+0.731%$148K$468K10xas long as short