Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: BingX against KuCoin+0.059%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$515as in the Funding arb table
Net, price: spread back to 7d avg − costs−$528as in the Price arb table
costs, in and out, $10k−$5275.272% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.059%, 7d avg +0.071%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ERAUSDTM | 0.06778 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $136K | $65K | 25x |
| Short | BingX ERA-USDT | 0.06782 | 0.0100 | get 0.0050% / 4h | 3h 30m | — | $6.5M | — |
KuCoin ERAUSDTM
BingX ERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.059% → +0.071%
- −$1.18
- Slippage, 4 orders
- −$505.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$528.42
- Costs to cover
- 5.272%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 34 min ago; BingX: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 34 min ago | 18.41 bp | 245.2 bp −$245 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.43 bp | 26.8 bp −$27 | 111.7 bp −$1,117 | 1154.6 bp −$115.5K | 1415.1 bp −$707.5K |
ERA on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ERA_USDT | −0.0214% | 4h | 0.06772 | −0.089% | $151K | $664K | 25x | as long as short |
| Aster ERAUSDT | +0.0100% | 4h | 0.06776 | −0.034% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDT | +0.0100% | 4h | 0.06778 | +0.002% | $2.1M | $4.3M | 25x | as long as short |
| Bybit ERAUSDT | +0.0100% | 4h | 0.06781 | +0.044% | $768K | $800K | 25x | as long as short |
| MEXC ERA_USDT | +0.0100% | 4h | 0.06774 | −0.059% | $530K | $153K | 20x | as long as short |
| KuCoin ERAUSDTMlong | +0.0100% | 4h | 0.06778 | long leg | $136K | $65K | 25x | |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06785 | +0.103% | $817K | $223K | 25x | as long as short |
| BingX ERA-USDTshort | +0.0100% | 4h | 0.06782 | +0.059% | — | $6.5M | — | |
| Variational Omni ERA | +0.0100% | 4h | 0.06788 | +0.145% | $10K | $594 | — | as long as short |
Gate ERA_USDT
Aster ERAUSDT
Binance ERAUSDT
Bybit ERAUSDT
MEXC ERA_USDT
Bitget ERAUSDT
Variational Omni ERA