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

EDU

all EDU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.5% APRnext payment $1.32 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.176%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.176%, 7d avg +0.158%
Together, before fees−0.119%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.158%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EDU_USDT0.051070.0232pay 0.0232% / 8h9m 01s$108K$19K50x
ShortMEXC EDU_USDT0.051160.0100get 0.0100% / 8h9m 01s$3.5M$253K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$27.72
Price spread: +0.176% → +0.158%
$1.84
Slippage, 4 orders
−$105.69
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$150.57
Costs to cover
1.247%
Break-even
never at this rate
Slippage from Gate: live order book, 61 min ago; MEXC: 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 Gate live order book, 61 min ago5.91 bp57.4 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.96 bp10.9 bp −$1164.4 bp −$644147.3 bp −$14.7K436.1 bp −$218.0K

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%8h0.05111+0.085%$2K$8K5xas long as short
Binance EDUUSDT+0.0100%8h0.05114+0.137%$4.2M$1.8M50xas long as short
Bybit EDUUSDT+0.0100%8h0.05108+0.020%$511K$242K5xas long as short
MEXC EDU_USDTshort+0.0100%8h0.05116+0.176%$3.5M$253K50x
BingX EDU-USDT+0.0100%8h0.05109+0.039%$2.3Mas long as short
Variational Omni EDU+0.0100%8h0.05106−0.024%$5K$27as long as short
Gate EDU_USDTlong+0.0232%8h0.05107long leg$108K$19K50x
KuCoin EDUUSDTM+0.0684%8h0.05125+0.352%$82K$32K30xas long as short