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: BingX against Bitget−0.074%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1231.229% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.074%, 7d avg −0.010%
Together, before fees−0.024%−$2 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: BingX is 0.064% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ERAUSDT0.067580.0100pay 0.0050% / 4h3h 44m$813K$242K25x
ShortBingX ERA-USDT0.067530.0100get 0.0050% / 4h3h 44m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.074% → −0.010%
−$6.38
Slippage, 4 orders
−$100.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$129.3
Costs to cover
1.229%
Break-even
never at this rate
Slippage from Bitget: live order book, 27 min ago; BingX: live order book, 2 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, 27 min ago6.61 bp36.9 bp −$37489.0 bp −$4,890doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago6.66 bp28.7 bp −$2990.9 bp −$9091038.5 bp −$103.8K1377.1 bp −$688.6K

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−0.0706%4h0.06752−0.089%$148K$669K25xas long as short
Aster ERAUSDT+0.0100%4h0.06753−0.081%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06753−0.074%$2.1M$4.3M25xas long as short
Bybit ERAUSDT+0.0100%4h0.06750−0.118%$742K$766K25xas long as short
MEXC ERA_USDT+0.0100%4h0.06753−0.074%$520K$136K20xas long as short
KuCoin ERAUSDTM+0.0100%4h0.06754−0.059%$134K$45K25xas long as short
Bitget ERAUSDTlong+0.0100%4h0.06758long leg$813K$242K25x
BingX ERA-USDTshort+0.0100%4h0.06753−0.074%$6.6M
Variational Omni ERA+0.0100%4h0.06753−0.067%$10K$594as long as short