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

ERA

all ERA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.038%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 7 days−0.044%−$4 · spread now −0.038%, 7d avg −0.028%
Together, before fees−0.115%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ERAUSDT0.067420.0100pay 0.0050% / 4h1h 17m$2.1M$4.2M25x
ShortBingX ERA-USDT0.067390.0100get 0.0050% / 4h1h 17m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: −0.038% → −0.028%
−$0.94
Slippage, 4 orders
−$83.7
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$104.65
Costs to cover
1.037%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; BingX: 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 Binance live order book, 5 min ago0.74 bp28.9 bp −$29241.8 bp −$2,418doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago6.67 bp26.8 bp −$27116.0 bp −$1,1601041.7 bp −$104.2K1450.8 bp −$725.4K

ERA 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
Gate ERA_USDT−0.0296%4h0.06734−0.112%$150K$651K25xas long as short
KuCoin ERAUSDTM−0.0042%4h0.06742+0.007%$128K$44K25xas long as short
Aster ERAUSDT+0.0100%4h0.067420.000%$5K$11K5xas long as short
Binance ERAUSDTlong+0.0100%4h0.06742long leg$2.1M$4.2M25x
Bybit ERAUSDT+0.0100%4h0.06740−0.023%$761K$720K25xas long as short
MEXC ERA_USDT+0.0100%4h0.06739−0.038%$512K$135K20xas long as short
Bitget ERAUSDT+0.0100%4h0.06741−0.008%$807K$248K25xas long as short
BingX ERA-USDTshort+0.0100%4h0.06739−0.038%$6.5M
Variational Omni ERA+0.0100%4h0.06743+0.016%$10K$594as long as short