Settings8H · net · $10k
Funding arb · Price arb /

ERA

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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 +0.029%
Price spread now: Bitget against KuCoin+0.253%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$510as in the Funding arb table
Net, price: spread back to 7d avg − costs−$510as in the Price arb table
costs, in and out, $10k−$5275.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.167%+$17 on $10k
Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.253%, 7d avg +0.082%
Together, before fees−0.074%−$7 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: Bitget is 0.171% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ERAUSDTM0.067170.0100pay 0.0050% / 4h2h 38m$134K$63K25x
ShortBitget ERAUSDT0.067340.0100get 0.0050% / 4h2h 38m$809K$220K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: +0.253% → +0.082%
$17.13
Slippage, 4 orders
−$503.1
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$509.97
Costs to cover
5.271%
Break-even
never at this rate
Slippage from KuCoin: live order book, 11 min ago; Bitget: live order book, 7 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 KuCoin live order book, 11 min ago14.80 bp262.6 bp −$263doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 7 min ago8.13 bp30.9 bp −$31401.9 bp −$4,019doesn'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
Aster ERAUSDT+0.0100%4h0.06719+0.029%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06720+0.045%$2.0M$3.9M25xas long as short
Bybit ERAUSDT+0.0100%4h0.06723+0.089%$776K$743K25xas long as short
Gate ERA_USDT+0.0100%4h0.06711−0.089%$150K$654K25xas long as short
MEXC ERA_USDT+0.0100%4h0.06721+0.060%$525K$151K20xas long as short
KuCoin ERAUSDTMlong+0.0100%4h0.06717long leg$134K$63K25x
Bitget ERAUSDTshort+0.0100%4h0.06734+0.253%$809K$220K25x
BingX ERA-USDT+0.0100%4h0.067170.000%$6.5Mas long as short
Variational Omni ERA+0.0100%4h0.06738+0.319%$10K$594as long as short