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 Bitget+0.016%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.016%, 7d avg +0.008%
Together, before fees+0.025%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ERAUSDT0.067620.0100pay 0.0050% / 4h2h 10m$810K$244K25x
ShortBinance ERAUSDT0.067630.0100get 0.0050% / 4h2h 10m$2.1M$4.5M25x

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
$0
Price spread: +0.016% → +0.008%
$0.77
Slippage, 4 orders
−$87.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$108.87
Costs to cover
1.096%
Break-even
never at this rate
Slippage from Bitget: live order book, 55 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 Bitget live order book, 55 min ago8.11 bp32.4 bp −$32351.1 bp −$3,511doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago2.21 bp25.6 bp −$26153.2 bp −$1,532doesn'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%4h0.06763+0.019%$5K$12K5xas long as short
Binance ERAUSDTshort+0.0100%4h0.06763+0.016%$2.1M$4.5M25x
Bybit ERAUSDT+0.0100%4h0.06760−0.030%$768K$820K25xas long as short
Gate ERA_USDT+0.0100%4h0.06759−0.044%$148K$691K25xas long as short
MEXC ERA_USDT+0.0100%4h0.06766+0.059%$533K$148K20xas long as short
KuCoin ERAUSDTM+0.0100%4h0.06759−0.044%$139K$68K25xas long as short
Bitget ERAUSDTlong+0.0100%4h0.06762long leg$810K$244K25x
BingX ERA-USDT+0.0100%4h0.06759−0.044%$6.6Mas long as short
Variational Omni ERA+0.0100%4h0.06749−0.188%$10K$594as long as short