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 −0.010%
Price spread now: Bybit against Gate+0.211%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1971.972% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.211%, 7d avg +0.131%
Together, before fees−0.063%−$6 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: Bybit is 0.080% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.131%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EDU_USDT0.052250.0100pay 0.0100% / 8h43m 32s$108K$25K50x
ShortBybit EDUUSDT0.052360.0100get 0.0100% / 8h43m 32s$508K$278K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.211% → +0.131%
$7.96
Slippage, 4 orders
−$171.21
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$189.25
Costs to cover
1.972%
Break-even
never at this rate
Slippage from Gate: live order book, 51 min ago; Bybit: live order book, 51 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 Gate live order book, 51 min ago7.66 bp71.0 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 51 min ago6.69 bp48.8 bp −$49doesn't fitdoesn'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%8h0.05236+0.201%$1K$9K5xas long as short
Binance EDUUSDT+0.0100%8h0.05234+0.172%$4.3M$1.9M50xas long as short
Bybit EDUUSDTshort+0.0100%8h0.05236+0.211%$508K$278K5x
Gate EDU_USDTlong+0.0100%8h0.05225long leg$108K$25K50x
MEXC EDU_USDT+0.0100%8h0.05233+0.153%$3.6M$248K50xas long as short
KuCoin EDUUSDTM+0.0100%8h0.05240+0.287%$73K$30K30xas long as short
BingX EDU-USDT+0.0100%8h0.05236+0.211%$2.4Mas long as short
Variational Omni EDU+0.0100%8h0.05230+0.105%$5K$2as long as short