LA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0362%/8h= +39.6% APRnext payment +$1.81 per $10,000 · paid last 24h +0.016%

Price spread now: BloFin against Gate−0.739%93s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as 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−$1141.140% of the position

Long on Gate Short on BloFin

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)+0.871%+$87 · spread now −0.739%, 7d avg −0.020%

Together, before fees+1.053%+$105 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.719% cheaper against Gate than usual: you would sell low and buy high (spread −0.739% now, against its 7-day average of −0.020%). If the spread goes back, that is −$72 on $10k: about 6.6 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.182% in total) that is about 28 days. The two prices were read 93 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 +$1.81 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	Gate LA_USDT	0.07440	−0.0592	get 0.0296% / 4h	2h 13m	$233K	$829K	50x
Short	BloFin LA-USDT	0.07385	−0.0230	pay 0.0115% / 4h	2h 13m	$245K	$20K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.739%Rate

Funding earned: $76.01
Price spread: −0.739% → −0.020%: −$71.9
Slippage, 4 orders: −$87
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$109.89
Costs to cover: 1.140%
Break-even: 17.1 days

Slippage from Gate: live order book, 33 min ago; BloFin: 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 Gate live order book, 33 min ago	2.70 bp	38.5 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	4.74 bp	15.1 bp −$15	29.3 bp −$293	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_USDTlong	−0.0592%	4h	0.07440	long leg	$233K	$829K	50x
BingX LA-USDT	−0.0576%	4h	0.07451	+0.148%	—	$6.6M	—	as long as short
Bitget LAUSDT	−0.0564%	4h	0.07446	+0.081%	$2.0M	$480K	25x	as long as short
Aster LAUSDT	−0.0306%	4h	0.07432	−0.111%	$51K	$25K	5x	as long as short
BloFin LA-USDTshort	−0.0230%	4h	0.07385	−0.739%	$245K	$20K	25x
MEXC LA_USDT	−0.0214%	4h	0.07452	+0.161%	$382K	$134K	50x	as long as short
Binance LAUSDT	−0.0201%	4h	0.07431	−0.121%	$4.7M	$9.7M	25x	as long as short
KuCoin LAUSDTM	−0.0096%	4h	0.07438	−0.027%	$1.0M	$79K	30x	as long as short
OKX LA-USDT-SWAP	−0.0059%	4h	0.07432	−0.108%	$1.4M	$2.9M	20x	as long as short
Bybit LAUSDT	+0.0088%	4h	0.07452	+0.161%	$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	−0.941%	$145K	$440K	10x	as long as short