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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.044%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2262.258% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.044%, 7d avg +0.044%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ERAUSDT0.067680.0100pay 0.0050% / 4h3h 33m$766K$804K25x
ShortBitget ERAUSDT0.067710.0100get 0.0050% / 4h3h 33m$816K$223K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.044% → +0.044%
$0.07
Slippage, 4 orders
−$202.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$225.75
Costs to cover
2.258%
Break-even
never at this rate
Slippage from Bybit: live order book, 17 min ago; Bitget: live order book, 17 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 Bybit live order book, 17 min ago5.16 bp85.3 bp −$85239.3 bp −$2,393doesn't fitdoesn't fit
Sell Bitget live order book, 17 min ago7.37 bp22.3 bp −$22409.5 bp −$4,095doesn'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
Gate ERA_USDT−0.0384%4h0.06769+0.015%$151K$663K25xas long as short
Aster ERAUSDT+0.0100%4h0.06767−0.012%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06768−0.004%$2.1M$4.3M25xas long as short
Bybit ERAUSDTlong+0.0100%4h0.06768long leg$766K$804K25x
MEXC ERA_USDT+0.0100%4h0.06765−0.044%$529K$152K20xas long as short
KuCoin ERAUSDTM+0.0100%4h0.067680.000%$136K$65K25xas long as short
Bitget ERAUSDTshort+0.0100%4h0.06771+0.044%$816K$223K25x
BingX ERA-USDT+0.0100%4h0.06777+0.133%$6.5Mas long as short
Variational Omni ERA+0.0100%4h0.06769+0.019%$10K$594as long as short