LA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0860%/8h= −94.2% APRnext payment −$4.30 per $10,000 · paid last 24h −0.069%

Price spread now: Gate against KuCoin+0.067%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$882as in the Funding arb table

Net, price: spread back to 7d avg − costs−$837as in the Price arb table

costs, in and out, $10k−$8468.465% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.350%−$35 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.067%, 7d avg −0.032%

Together, before fees−0.346%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.098% dearer against KuCoin than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.032%): +$10 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.350% in total) that is about 47 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.350% in total (about -18.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.30 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	KuCoin LAUSDTM	0.07507	−0.0190	get 0.0095% / 4h	3h 26m	$1.0M	$71K	30x
Short	Gate LA_USDT	0.07512	−0.1050	pay 0.0525% / 4h	3h 26m	$225K	$794K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now +0.067%Rate

Funding earned: −$180.6
Price spread: +0.067% → −0.032%: $9.84
Slippage, 4 orders: −$819.47
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,017.23
Costs to cover: 8.465%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Gate: live order book, 5 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 KuCoin live order book, 8 min ago	8.63 bp	344.3 bp −$344	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.66 bp	103.3 bp −$103	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_USDTshort	−0.1050%	4h	0.07512	+0.067%	$225K	$794K	50x
KuCoin LAUSDTMlong	−0.0190%	4h	0.07507	long leg	$1.0M	$71K	30x
Bitget LAUSDT	−0.0054%	4h	0.07512	+0.067%	$2.1M	$383K	25x	as long as short
BingX LA-USDT	−0.0026%	4h	0.07509	+0.027%	—	$6.6M	—	as long as short
Aster LAUSDT	+0.0047%	4h	0.07507	0.000%	$52K	$24K	5x	as long as short
BloFin LA-USDT	+0.0099%	4h	0.07510	+0.040%	$253K	$20K	25x	as long as short
Binance LAUSDT	+0.0100%	4h	0.07507	−0.001%	$4.8M	$8.3M	25x	as long as short
Bybit LAUSDT	+0.0100%	4h	0.07513	+0.080%	$2.5M	$2.1M	25x	as long as short
OKX LA-USDT-SWAP	+0.0100%	4h	0.07510	+0.040%	$1.4M	$2.4M	20x	as long as short
MEXC LA_USDT	+0.0100%	4h	0.07512	+0.067%	$385K	$133K	50x	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	0.07510	+0.040%	$151K	$439K	10x	as long as short