Funding you earn now, next payment 20:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.022%
Price spread now: BingX against Gate+0.013%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1001.001% of the position
Funding, last 7 days−0.307%−$31 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.013%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LA_USDT | 0.07487 | 0.0100 | pay 0.0050% / 4h | 10m 15s | $243K | $879K | 50x |
| Short | BingX LA-USDT | 0.07488 | 0.0070 | get 0.0035% / 4h | 10m 15s | — | $6.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- −$6.3
- Price spread: +0.013% → +0.015%
- −$0.11
- Slippage, 4 orders
- −$75.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.52
- Costs to cover
- 1.001%
- Break-even
- never at this rate
Slippage from Gate: live order book, 55 min ago; BingX: live order book, 4 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 Gate live order book, 55 min ago | 3.35 bp | 27.4 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.00 bp | 13.4 bp −$13 | 51.6 bp −$516 | 646.1 bp −$64.6K | 1111.5 bp −$555.7K |
LA on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDTshort | +0.0070% | 4h | 0.07488 | +0.013% | — | $6.5M | — | |
| BloFin LA-USDT | +0.0080% | 4h | 0.07486 | −0.013% | $243K | $17K | 25x | as long as short |
| Aster LAUSDT | +0.0100% | 4h | 0.07485 | −0.031% | $53K | $23K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07488 | +0.016% | $4.7M | $8.6M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07495 | +0.107% | $2.4M | $2.3M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07490 | +0.040% | $1.2M | $2.7M | 20x | as long as short |
| Gate LA_USDTlong | +0.0100% | 4h | 0.07487 | long leg | $243K | $879K | 50x | |
| MEXC LA_USDT | +0.0100% | 4h | 0.07486 | −0.013% | $369K | $132K | 50x | as long as short |
| KuCoin LAUSDTM | +0.0100% | 4h | 0.07489 | +0.027% | $961K | $154K | 30x | as long as short |
| Bitget LAUSDT | +0.0100% | 4h | 0.07480 | −0.093% | $2.1M | $479K | 25x | as long as short |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07490 | +0.040% | $142K | $446K | 10x | as long as short |
Gate LA_USDT
BingX LA-USDT
BloFin LA-USDT
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDT
OKX LA-USDT-SWAP
MEXC LA_USDT
KuCoin LAUSDTM
Bitget LAUSDT
GRVT LA_USDT_Perp