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

ERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Gate against KuCoin+0.029%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$534as in the Funding arb table
Net, price: spread back to 7d avg − costs−$559as in the Price arb table
costs, in and out, $10k−$5525.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.029%, 7d avg +0.097%
Together, before fees+0.150%+$15 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: Gate is 0.068% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ERAUSDTM0.068000.0100pay 0.0050% / 4h26m 48s$141K$66K25x
ShortGate ERA_USDT0.068020.0100get 0.0050% / 4h26m 48s$149K$692K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.029% → +0.097%
−$6.76
Slippage, 4 orders
−$525.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$559.19
Costs to cover
5.524%
Break-even
never at this rate
Slippage from KuCoin: live order book, 47 min ago; Gate: live order book, 30 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, 47 min ago8.09 bp247.9 bp −$248doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 30 min ago15.49 bp45.7 bp −$46doesn't fitdoesn'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%4h0.06797−0.042%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06794−0.082%$2.1M$4.5M25xas long as short
Bybit ERAUSDT+0.0100%4h0.06792−0.118%$768K$831K25xas long as short
Gate ERA_USDTshort+0.0100%4h0.06802+0.029%$149K$692K25x
MEXC ERA_USDT+0.0100%4h0.06797−0.044%$537K$151K20xas long as short
KuCoin ERAUSDTMlong+0.0100%4h0.06800long leg$141K$66K25x
Bitget ERAUSDT+0.0100%4h0.06792−0.118%$823K$235K25xas long as short
BingX ERA-USDT+0.0100%4h0.06802+0.029%$6.5Mas long as short
Variational Omni ERA+0.0100%4h0.06807+0.100%$10K$594as long as short