ERA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateERA_USDT	0.06622	−0.2976	get 0.1488% / 4h	2h 59m	$1.1M	$3.6M	25x	Long Gate
SHORT	ExtendedERA-USD	0.06605	−0.1000	pay 0.0125% / 1h	59m 20s	$7K	$165K	5x	Short Extended10% off

Price gap−0.254%

Funding gap+0.1976% /8h

Funding pays +$59 a day on $10k, but the gap is 0.084% under its 7d average: −$8 if it goes back, about 3 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$28+0.1976% /8h now · paid −0.285% over the last 3 days (all we have)

Price−$8spread −0.254% now, avg −0.170% → −0.084% if it goes back

Costs−$1591.589% of $10k · taker + slippage, in and out

Result−$196−1.96%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 3 days it paid −0.285% in total, about −0.0361%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.254%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ERA on 10 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

Watch: Thin at this size59.0 / 29.9 bp
At $10k entering Gate costs 59.0 bp, fee and slippage, 2.0× Extended’s.
Note: Margin at max leverage$400 + $2,000
Gate 25x, Extended 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$59.28Long Gate: 6 payments, +$89.28; short Extended: 24 payments, −$30.00.
Watch: Gap narrower than usual−0.254% vs −0.170%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$7K vs $1.1M OI
Extended sets your exit cost. Check its book before closing.
OK: Points on a legExtended points
Volume here counts toward the points program.
Watch: KYCGate Yes · Extended No
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0361%/8h × 21 periods−$75.91

Price spread−0.254% → −0.170% (7d avg)−$8.43

Slippage, 4 orderslive order books−$138.92

Fee Gate bp × 2 orders−$15.00

Fee Extended bp × 2 orders−$5.00

Net · 7 days · $10k−$243.26

Costs to cover1.589%Break-evennever at this rate

Slippage: Gate: live order book, 2 min ago; Extended: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate6.8759.0 bp−$59339.3 bp−$3,393doesn’t fitdoesn’t fit

SELL · SHORTExtended3.5229.9 bp−$30218.0 bp−$2,180doesn’t fitdoesn’t fit

Closing costs about the same again.

ERA news

posts that mention ERA, from every exchangeSearch all news →

10-29 11:27	Extended	Listing	Now available to trade: $BR, $BAT, ethereum:0x0a092e544da31150b439a1aaa1a3a2214a867f46 and $ERA (Bedrock, Basic Attention, Concrete and Caldera) with up to 5x leverage and $ZK (ZKsync) with up to 10x leverage @extendedapp on X ↗
10-28 17:38	Extended	Listing	new market ERA-USD ($ERA) seen by our collector

ERA