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 MEXC−0.019%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$830.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.036%+$4 · spread now −0.019%, 7d avg +0.010%
Together, before fees+0.036%+$4 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 0.029% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EDU_USDT0.051440.0100pay 0.0100% / 8h7h 15m$3.5M$254K50x
ShortBinance EDUUSDT0.051430.0100get 0.0100% / 8h7h 15m$4.3M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: −0.019% → +0.010%
−$2.91
Slippage, 4 orders
−$69.3
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$86.21
Costs to cover
0.833%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 6 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 MEXC live order book, 1 min ago0.97 bp15.5 bp −$1655.2 bp −$552143.6 bp −$14.4K425.9 bp −$213.0K
Sell Binance live order book, 6 min ago2.92 bp24.2 bp −$24116.6 bp −$1,166doesn'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%8h0.05145+0.025%$2K$8K5xas long as short
Binance EDUUSDTshort+0.0100%8h0.05143−0.019%$4.3M$1.8M50x
Bybit EDUUSDT+0.0100%8h0.05140−0.078%$512K$244K5xas long as short
MEXC EDU_USDTlong+0.0100%8h0.05144long leg$3.5M$254K50x
BingX EDU-USDT+0.0100%8h0.05140−0.078%$2.3Mas long as short
Variational Omni EDU+0.0100%8h0.05150+0.121%$5K$27as long as short
KuCoin EDUUSDTM+0.0971%8h0.05163+0.369%$83K$31K30xas long as short
Gate EDU_USDT+0.1298%8h0.05133−0.214%$108K$19K50xas long as short