Settings8H · net · $10k
Funding arb · Price arb /

EDU

all EDU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.097%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days+0.049%+$5 · spread now −0.097%, 7d avg +0.006%
Together, before fees+0.030%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.103% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EDU-USDT0.051600.0100pay 0.0100% / 8h5h 19m$2.3M
ShortBinance EDUUSDT0.051550.0100get 0.0100% / 8h5h 19m$4.3M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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

Funding earned
$0
Price spread: −0.097% → +0.006%
−$10.3
Slippage, 4 orders
−$82.55
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$112.85
Costs to cover
1.026%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago4.86 bp25.1 bp −$2570.9 bp −$709458.9 bp −$45.9K514.5 bp −$257.2K
Sell Binance live order book, 3 min ago1.94 bp27.2 bp −$27111.3 bp −$1,113doesn't fitdoesn't fit

EDU on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDUUSDT+0.0100%8h0.05152−0.159%$1K$9K5xas long as short
Binance EDUUSDTshort+0.0100%8h0.05155−0.097%$4.3M$1.9M50x
Bybit EDUUSDT+0.0100%8h0.05148−0.233%$513K$249K5xas long as short
Gate EDU_USDT+0.0100%8h0.05144−0.310%$107K$21K50xas long as short
MEXC EDU_USDT+0.0100%8h0.05155−0.097%$3.5M$248K50xas long as short
BingX EDU-USDTlong+0.0100%8h0.05160long leg$2.3M
Variational Omni EDU+0.0100%8h0.05153−0.135%$5K$27as long as short
KuCoin EDUUSDTM+0.0625%8h0.05154−0.116%$80K$30K30xas long as short