LA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0476%/8h= −52.1% APRnext payment −$2.38 per $10,000 · paid last 24h −0.164%

Price spread now: MEXC against OKX+0.187%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$700.696% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 4 days (all we have)−0.283%−$28 · spread now +0.187%, 7d avg −0.020%

Together, before fees−0.335%−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.207% dearer against OKX than usual: you sell high and buy low (spread +0.187% now, against its 7-day average of −0.020%): +$21 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.052% in total) that is about 28 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.052% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.38 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	OKX LA-USDT-SWAP	0.07480	−0.0232	get 0.0116% / 4h	3h 03m	$1.3M	$3.1M	20x
Short	MEXC LA_USDT	0.07494	−0.0708	pay 0.0354% / 4h	3h 03m	$397K	$140K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now +0.187%Rate

Funding earned: −$99.87
Price spread: +0.187% → −0.020%: $20.75
Slippage, 4 orders: −$55.63
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$148.75
Costs to cover: 0.696%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 52 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 OKX live order book, 4 min ago	2.67 bp	25.9 bp −$26	501.3 bp −$5,013	doesn't fit	doesn't fit
Sell MEXC live order book, 52 min ago	2.01 bp	9.4 bp −$9	22.5 bp −$225	189.7 bp −$19.0K	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_USDT	−0.1286%	4h	0.07503	+0.307%	$242K	$831K	50x	as long as short
Aster LAUSDT	−0.0823%	4h	0.07523	+0.577%	$52K	$24K	5x	as long as short
KuCoin LAUSDTM	−0.0758%	4h	0.07496	+0.214%	$1.0M	$82K	30x	as long as short
BloFin LA-USDT	−0.0729%	4h	0.07501	+0.281%	$248K	$20K	25x	as long as short
Binance LAUSDT	−0.0714%	4h	0.07488	+0.107%	$4.7M	$9.5M	25x	as long as short
MEXC LA_USDTshort	−0.0708%	4h	0.07494	+0.187%	$397K	$140K	50x
Bitget LAUSDT	−0.0650%	4h	0.07485	+0.067%	$2.1M	$531K	25x	as long as short
BingX LA-USDT	−0.0624%	4h	0.07502	+0.294%	—	$6.5M	—	as long as short
Bybit LAUSDT	−0.0432%	4h	0.07491	+0.147%	$2.4M	$2.6M	25x	as long as short
OKX LA-USDT-SWAPlong	−0.0232%	4h	0.07480	long leg	$1.3M	$3.1M	20x

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	0.07503	+0.311%	$153K	$475K	10x	as long as short