LA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0304%/8h= +33.3% APRnext payment +$1.52 per $10,000 · paid last 24h +0.012%

Price spread now: MEXC against Gate−0.094%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1331.326% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.094%, 7d avg −0.010%

Together, before fees+0.250%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.084% cheaper against Gate than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.010%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.132% in total) that is about 4.5 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.52 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	0.07420	−0.0348	get 0.0174% / 4h	1h 20m	$249K	$799K	50x
Short	MEXC LA_USDT	0.07413	−0.0044	pay 0.0022% / 4h	1h 20m	$395K	$138K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.094%Rate

Funding earned: $63.84
Price spread: −0.094% → −0.010%: −$8.43
Slippage, 4 orders: −$113.56
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$77.15
Costs to cover: 1.326%
Break-even: 15.5 days

Slippage from Gate: live order book, 61 min ago; MEXC: live order book, 53 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, 61 min ago	3.37 bp	44.8 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 53 min ago	0.67 bp	7.5 bp −$7	20.0 bp −$200	345.6 bp −$34.6K	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	−0.0348%	4h	0.07420	long leg	$249K	$799K	50x
Bitget LAUSDT	−0.0196%	4h	0.07413	−0.094%	$2.0M	$502K	25x	as long as short
BingX LA-USDT	−0.0196%	4h	0.07423	+0.040%	—	$6.6M	—	as long as short
KuCoin LAUSDTM	−0.0084%	4h	0.07416	−0.054%	$1.0M	$57K	30x	as long as short
Aster LAUSDT	−0.0081%	4h	0.07413	−0.088%	$52K	$8K	5x	as long as short
Binance LAUSDT	−0.0051%	4h	0.07410	−0.131%	$4.7M	$8.4M	25x	as long as short
MEXC LA_USDTshort	−0.0044%	4h	0.07413	−0.094%	$395K	$138K	50x
BloFin LA-USDT	−0.0031%	4h	0.07417	−0.040%	$250K	$19K	25x	as long as short
OKX LA-USDT-SWAP	+0.0052%	4h	0.07409	−0.148%	$1.3M	$2.8M	20x	as long as short
Bybit LAUSDT	+0.0100%	4h	0.07422	+0.027%	$2.4M	$2.3M	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	0.07410	−0.135%	$147K	$468K	10x	as long as short