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

EPIC

all EPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.8% APRnext payment $0.72 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.222%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1481.483% 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+0.143%+$14 · spread now −0.222%, 7d avg −0.029%
Together, before fees+0.143%+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.193% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EPICUSDT0.63000.0244pay 0.0122% / 4h35m 33s$5.7M$3.3M10x
ShortBinance EPICUSDT0.62860.0100get 0.0050% / 4h35m 33s$6.4M$26.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
−$30.24
Price spread: −0.222% → −0.029%
−$19.34
Slippage, 4 orders
−$126.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$197.84
Costs to cover
1.483%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago4.78 bp41.7 bp −$42251.9 bp −$2,519doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago2.40 bp37.4 bp −$37251.0 bp −$2,510doesn't fitdoesn't fit

EPIC on 7 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
BingX EPIC-USDT+0.0070%4h0.6288−0.190%$2.6Mas long as short
BloFin EPIC-USDT+0.0083%4h0.6247−0.841%$323K$114K20xas long as short
Binance EPICUSDTshort+0.0100%4h0.6286−0.222%$6.4M$26.3M20x
Bybit EPICUSDT+0.0100%4h0.6292−0.127%$1.4M$5.4M25xas long as short
Gate EPIC_USDT+0.0100%4h0.6279−0.333%$546K$1.5M25xas long as short
MEXC EPIC_USDT+0.0100%4h0.6284−0.254%$278K$333K20xas long as short
Bitget EPICUSDTlong+0.0244%4h0.6300long leg$5.7M$3.3M10x