LA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0342%/8h= −37.4% APRnext payment −$1.71 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against BloFin+0.474%65s7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$800.803% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.182%+$18 on $10k

Price spread, last 4 days (all we have)−0.658%−$66 · spread now +0.474%, 7d avg −0.048%

Together, before fees−0.476%−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.522% dearer against BloFin than usual: you sell high and buy low (spread +0.474% now, against its 7-day average of −0.048%): +$52 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.182%, so the current rate has only just turned against you. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.182% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LA-USDT	0.07385	−0.0230	get 0.0115% / 4h	2h 14m	$245K	$20K	25x
Short	Bitget LAUSDT	0.07420	−0.0572	pay 0.0286% / 4h	2h 14m	$2.0M	$479K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now +0.474%Rate

Funding earned: −$71.81
Price spread: +0.474% → −0.048%: $52.23
Slippage, 4 orders: −$56.31
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$99.89
Costs to cover: 0.803%
Break-even: never at this rate

Slippage from BloFin: live order book, 67 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 BloFin live order book, 67 min ago	4.04 bp	15.9 bp −$16	35.6 bp −$356	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	1.36 bp	29.7 bp −$30	113.4 bp −$1,134	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
Gate LA_USDT	−0.0618%	4h	0.07413	+0.379%	$232K	$829K	50x	as long as short
BingX LA-USDT	−0.0576%	4h	0.07411	+0.352%	—	$6.6M	—	as long as short
Bitget LAUSDTshort	−0.0572%	4h	0.07420	+0.474%	$2.0M	$479K	25x
Aster LAUSDT	−0.0323%	4h	0.07401	+0.222%	$51K	$25K	5x	as long as short
BloFin LA-USDTlong	−0.0230%	4h	0.07385	long leg	$245K	$20K	25x
Binance LAUSDT	−0.0215%	4h	0.07416	+0.415%	$4.7M	$9.7M	25x	as long as short
MEXC LA_USDT	−0.0214%	4h	0.07425	+0.542%	$381K	$134K	50x	as long as short
KuCoin LAUSDTM	−0.0116%	4h	0.07409	+0.325%	$1.0M	$79K	30x	as long as short
OKX LA-USDT-SWAP	−0.0059%	4h	0.07431	+0.623%	$1.4M	$2.9M	20x	as long as short
Bybit LAUSDT	+0.0071%	4h	0.07431	+0.623%	$2.4M	$2.6M	25x	as long as short

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	0.07370	−0.203%	$145K	$440K	10x	as long as short