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

ELSA

all ELSA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.015%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$750.755% 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)+0.112%+$11 · spread now +0.015%, 7d avg +0.010%
Together, before fees+0.111%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ELSA_USDT0.055650.0100pay 0.0050% / 4h52m 38s$516K$117K50x
ShortBinance ELSAUSDT0.055660.0100get 0.0050% / 4h52m 38s$1.3M$1.1M20x

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: +0.015% → +0.010%
$0.45
Slippage, 4 orders
−$61.48
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$75.03
Costs to cover
0.755%
Break-even
never at this rate
Slippage from MEXC: live order book, 45 min ago; Binance: 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 MEXC live order book, 45 min ago1.79 bp9.0 bp −$982.8 bp −$828444.1 bp −$44.4Kdoesn't fit
Sell Binance live order book, 3 min ago2.69 bp29.3 bp −$29237.3 bp −$2,373doesn't fitdoesn't fit

ELSA on 9 exchanges

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 ELSAUSDT+0.0100%4h0.05559−0.103%$34K$12K5xas long as short
Binance ELSAUSDTshort+0.0100%4h0.05566+0.015%$1.3M$1.1M20x
Gate ELSA_USDT+0.0100%4h0.05573+0.144%$138K$54K20xas long as short
MEXC ELSA_USDTlong+0.0100%4h0.05565long leg$516K$117K50x
KuCoin ELSAUSDTM+0.0100%4h0.05562−0.054%$178K$25K20xas long as short
Variational Omni ELSA+0.0100%4h0.05569+0.072%$1K$555as long as short
Bitget ELSAUSDT+0.0172%4h0.05573+0.144%$459K$121K20xas long as short
Bybit ELSAUSDT+0.0322%4h0.05563−0.036%$823K$286K20xas long as short
BingX ELSA-USDT+0.0356%4h0.05567+0.036%$1.3Mas long as short