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

ELSA

all ELSA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.036%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,351as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,353as in the Price arb table
costs, in and out, $10k−$2,35123.512% 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 4 days (all we have)−0.049%−$5 · spread now −0.036%, 7d avg −0.019%
Together, before fees−0.049%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ELSA_USDT0.056100.0100pay 0.0050% / 4h26m 56s$141K$48K20x
ShortKuCoin ELSAUSDTM0.056080.0100get 0.0050% / 4h26m 56s$186K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.036% → −0.019%
−$1.64
Slippage, 4 orders
−$2,324.21
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,352.84
Costs to cover
23.512%
Break-even
never at this rate
Slippage from Gate: live order book, 24 min ago; KuCoin: live order book, 53 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, 24 min ago7.15 bp246.9 bp −$247doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 53 min ago9.81 bp615.2 bp −$615doesn't fitdoesn't fitdoesn't fit

ELSA on 9 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
Binance ELSAUSDT+0.0100%4h0.05615+0.087%$1.3M$1.2M20xas long as short
Gate ELSA_USDTlong+0.0100%4h0.05610long leg$141K$48K20x
MEXC ELSA_USDT+0.0100%4h0.05613+0.053%$511K$133K50xas long as short
KuCoin ELSAUSDTMshort+0.0100%4h0.05608−0.036%$186K$24K20x
Variational Omni ELSA+0.0100%4h0.05618+0.134%$1K$461as long as short
Bitget ELSAUSDT+0.0226%4h0.05617+0.125%$468K$188K20xas long as short
Aster ELSAUSDT+0.0469%4h0.05608−0.029%$32K$5K5xas long as short
BingX ELSA-USDT+0.0678%4h0.05617+0.125%$1.3Mas long as short
Bybit ELSAUSDT+0.0747%4h0.05613+0.053%$837K$296K20xas long as short