ERA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateERA_USDT	0.07360	−0.1332	get 0.0666% / 4h	18m 16s	$1.2M	$2.2M	25x	Long Gate
SHORT	Variational OmniERA	0.07352	−0.0302	pay 0.0151% / 4h	18m 16s	$177K	$21K	50x	Short Variational Omni+15% pts

Price gap−0.109%

Funding gap+0.1030% /8h

Both sides work: funding pays +$31 a day on $10k, and the gap is 0.355% above its 7d average: +$36 more if it goes back.

If you open now and hold

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

Funding+$640+0.1030% /8h now · paid +6.397% over the last 7D

Price+$36spread −0.109% now, avg −0.464% → +0.355% if it goes back

Costs−$5555.546% of $10k · taker + slippage, in and out

Result+$121+1.21%+ Points / potential airdropVariational Omni: points · farm board

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−0.109%

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 11 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size95.8 / 137.2 bp
At $10k entering Variational Omni costs 137.2 bp, fee and slippage, 1.4× Gate’s.
Note: Margin at max leverage$400 + $200
Gate 25x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$30.91Long Gate: 6 payments, +$39.96; short Variational Omni: 6 payments, −$9.05.
OK: Entry gap works for you−0.109% vs −0.464%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$177K vs $1.2M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCGate Yes · Variational Omni 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+0.3046%/8h × 21 periods+$639.72

Price spread−0.109% → −0.464% (7d avg)+$35.52

Slippage, 4 orderslive order books−$539.58

Fee Gate bp × 2 orders−$15.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k+$120.66

Costs to cover5.546%Break-even5.7 days

Slippage: Gate: live order book, 5 min ago; Variational Omni: RFQ quote, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate1.3695.8 bp−$9618146.7 bp−$181.5Kdoesn’t fitdoesn’t fit

SELL · SHORTVariational Omni4.78137.2 bp−$137261.4 bp−$2,614doesn’t fitdoesn’t fit

Closing costs about the same again.

ERA news

posts that mention ERA, from every exchange

11-06 09:40	AZverse	Listing	new market era_usdt ($ERA) seen by our collector
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