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 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.021%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$920.924% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days+0.092%+$9 · spread now −0.021%, 7d avg +0.028%
Together, before fees+0.135%+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.049% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ERA-USDT0.067090.0100pay 0.0050% / 4h2h 55m$6.5M
ShortBinance ERAUSDT0.067080.0100get 0.0050% / 4h2h 55m$2.1M$4.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.021% → +0.028%
−$4.86
Slippage, 4 orders
−$72.38
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$97.24
Costs to cover
0.924%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 12 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 BingX live order book, 10 min ago5.91 bp18.2 bp −$1886.9 bp −$869doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.47 bp28.4 bp −$28182.8 bp −$1,828doesn't fitdoesn't fit

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
Aster ERAUSDT+0.0100%4h0.06711+0.032%$5K$12K5xas long as short
Binance ERAUSDTshort+0.0100%4h0.06708−0.021%$2.1M$4.4M25x
Bybit ERAUSDT+0.0100%4h0.06708−0.015%$747K$781K25xas long as short
Gate ERA_USDT+0.0100%4h0.06701−0.119%$148K$664K25xas long as short
MEXC ERA_USDT+0.0100%4h0.06708−0.015%$523K$141K20xas long as short
KuCoin ERAUSDTM+0.0100%4h0.06713+0.060%$136K$54K25xas long as short
Bitget ERAUSDT+0.0100%4h0.06710+0.015%$803K$245K25xas long as short
BingX ERA-USDTlong+0.0100%4h0.06709long leg$6.5M
Variational Omni ERA+0.0100%4h0.06704−0.075%$10K$594as long as short