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

EGLD

all EGLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.061%
Price spread now: Gate against Kraken Futures+0.166%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1521.523% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.180%−$18 on $10k
Price spread, last 4 days (all we have)−0.604%−$60 · spread now +0.166%, 7d avg −0.060%
Together, before fees−0.784%−$78 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.226% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.060%. Mind the row above: over the last 7 days funding on this pair cost −0.180%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_EGLDUSD4.33180.0020pay 0.0002% / 1h47m 46s$431K$695K20x
ShortGate EGLD_USDT4.33900.0100get 0.0100% / 8h4h 47m$448K$693K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. 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
$16.86
Price spread: +0.166% → −0.060%
$22.61
Slippage, 4 orders
−$127.35
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$112.88
Costs to cover
1.523%
Break-even
53.9 days
Slippage from Kraken Futures: live order book, 10 min ago; Gate: live order book, 9 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 Kraken Futures live order book, 10 min ago20.80 bp37.2 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 9 min ago5.74 bp39.8 bp −$40doesn't fitdoesn't fitdoesn't fit

EGLD on 12 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
Kraken Futures PF_EGLDUSDlong+0.0020%1h4.3318long leg$431K$695K20x
Injective EGLD/USDC PERP+0.0033%1h3.6600−15.508%$16$46K5.5xas long as short
Binance EGLDUSDT+0.0100%8h4.3289−0.066%$4.7M$27.1M75xas long as short
Bybit EGLDUSDT+0.0100%8h4.3300−0.041%$2.6M$8.7M75xas long as short
Gate EGLD_USDTshort+0.0100%8h4.3390+0.166%$448K$693K30x
MEXC EGLD_USDT+0.0100%8h4.3290−0.064%$3.9M$3.5M125xas long as short
KuCoin EGLDUSDTM+0.0100%8h4.3390+0.166%$2.7M$1.4M50xas long as short
Bitget EGLDUSDT+0.0100%8h4.3280−0.088%$2.2M$4.3M75xas long as short
Variational Omni EGLD+0.0100%8h4.3352+0.080%$17K$54Kas long as short
BingX EGLD-USDT+0.0200%8h4.3260−0.134%$2.9Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EGLD-USDT+0.0220%8h4.3280−0.088%$226K$585K75xas long as short
OKX EGLD-USDT-SWAP+0.0231%8h4.3330+0.028%$618K$5.1M20xas long as short