Funding you earn now, next payment 12:00 UTC+0.0622%/8h= +68.1% APRnext payment +$3.11 per $10,000 · paid last 24h +0.156%
Price spread now: OKX against Gate+0.027%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1231.235% of the position
Funding, last 7 days+0.225%+$23 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now +0.027%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.225% in total (about 11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.11 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 | 0.07535 | −0.0522 | get 0.0261% / 4h | 3h 47m | $226K | $785K | 50x |
| Short | OKX LA-USDT-SWAP | 0.07537 | 0.0100 | get 0.0050% / 4h | 3h 47m | $1.4M | $2.5M | 20x |
Gate LA_USDT
OKX LA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $130.62
- Price spread: +0.027% → +0.013%
- $1.39
- Slippage, 4 orders
- −$98.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $8.53
- Costs to cover
- 1.235%
- Break-even
- 6.5 days
Slippage from Gate: live order book, 49 min ago; OKX: 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, 49 min ago | 3.35 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.99 bp | 20.6 bp −$21 | doesn't fit | 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 | −0.0522% | 4h | 0.07535 | long leg | $226K | $785K | 50x | |
| KuCoin LAUSDTM | −0.0064% | 4h | 0.07531 | −0.053% | $1.0M | $73K | 30x | as long as short |
| BingX LA-USDT | −0.0046% | 4h | 0.07540 | +0.066% | — | $6.5M | — | as long as short |
| Bitget LAUSDT | −0.0034% | 4h | 0.07536 | +0.013% | $2.1M | $407K | 25x | as long as short |
| Aster LAUSDT | +0.0047% | 4h | 0.07535 | −0.005% | $52K | $24K | 5x | as long as short |
| BloFin LA-USDT | +0.0100% | 4h | 0.07532 | −0.040% | $253K | $20K | 25x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07540 | +0.066% | $4.9M | $8.5M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07540 | +0.066% | $2.4M | $2.2M | 25x | as long as short |
| OKX LA-USDT-SWAPshort | +0.0100% | 4h | 0.07537 | +0.027% | $1.4M | $2.5M | 20x | |
| MEXC LA_USDT | +0.0100% | 4h | 0.07540 | +0.066% | $387K | $132K | 50x | as long as short |
KuCoin LAUSDTM
BingX LA-USDT
Bitget LAUSDT
Aster LAUSDT
BloFin LA-USDT
Binance LAUSDT
Bybit LAUSDT
MEXC LA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07528 | −0.090% | $142K | $426K | 10x | as long as short |
GRVT LA_USDT_Perp