Funding you earn now, next payment 00:00 UTC−0.0340%/8h= −37.2% APRnext payment −$1.70 per $10,000 · paid last 24h +0.049%
Price spread now: Bitget against Gate+0.013%7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1401.400% of the position
Funding, last 7 days+0.473%+$47 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.013%, 7d avg −0.067%
=The price spread pays, funding is against you. Bitget is 0.081% dearer against Gate than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.067%): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 7 days funding on this pair paid +0.473%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LA_USDT | 0.07542 | −0.0140 | get 0.0070% / 4h | 4m 48s | $247K | $822K | 50x |
| Short | Bitget LAUSDT | 0.07543 | −0.0480 | pay 0.0240% / 4h | 4m 48s | $2.1M | $528K | 25x |
Gate LA_USDT
Bitget LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$71.4
- Price spread: +0.013% → −0.067%
- $8.05
- Slippage, 4 orders
- −$113
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$203.35
- Costs to cover
- 1.400%
- Break-even
- never at this rate
Slippage from Gate: live order book, 7 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 7 min ago | 2.00 bp | 35.6 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.66 bp | 28.3 bp −$28 | 117.6 bp −$1,176 | 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 LAUSDTshort | −0.0480% | 4h | 0.07543 | +0.013% | $2.1M | $528K | 25x | |
| Aster LAUSDT | −0.0439% | 4h | 0.07548 | +0.079% | $52K | $17K | 5x | as long as short |
| BingX LA-USDT | −0.0436% | 4h | 0.07553 | +0.146% | — | $6.6M | — | as long as short |
| BloFin LA-USDT | −0.0375% | 4h | 0.07510 | −0.424% | $249K | $19K | 25x | as long as short |
| Binance LAUSDT | −0.0361% | 4h | 0.07548 | +0.084% | $4.7M | $9.0M | 25x | as long as short |
| MEXC LA_USDT | −0.0356% | 4h | 0.07548 | +0.080% | $404K | $141K | 50x | as long as short |
| Gate LA_USDTlong | −0.0140% | 4h | 0.07542 | long leg | $247K | $822K | 50x | |
| KuCoin LAUSDTM | −0.0094% | 4h | 0.07540 | −0.027% | $1.0M | $68K | 30x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07558 | +0.212% | $2.5M | $2.4M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07547 | +0.066% | $1.3M | $3.0M | 20x | as long as short |
Aster LAUSDT
BingX LA-USDT
BloFin LA-USDT
Binance LAUSDT
MEXC LA_USDT
KuCoin LAUSDTM
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07515 | −0.361% | $148K | $473K | 10x | as long as short |
GRVT LA_USDT_Perp