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 +0.029%
Price spread now: MEXC against KuCoin+0.176%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$461as in the Funding arb table
Net, price: spread back to 7d avg − costs−$468as in the Price arb table
costs, in and out, $10k−$4784.776% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.166%+$17 on $10k
Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.176%, 7d avg +0.081%
Together, before fees−0.044%−$4 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: MEXC is 0.095% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ERAUSDTM0.068040.0100pay 0.0050% / 4h23m 54s$140K$66K25x
ShortMEXC ERA_USDT0.068160.0100get 0.0050% / 4h23m 54s$537K$152K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.176% → +0.081%
$9.53
Slippage, 4 orders
−$461.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$468.07
Costs to cover
4.776%
Break-even
never at this rate
Slippage from KuCoin: live order book, 50 min ago; MEXC: live order book, 17 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, 50 min ago8.09 bp247.9 bp −$248doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 17 min ago2.21 bp11.8 bp −$1258.1 bp −$581622.9 bp −$62.3Kdoesn'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%4h0.06810+0.086%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06816+0.176%$2.1M$4.5M25xas long as short
Bybit ERAUSDT+0.0100%4h0.06817+0.191%$770K$831K25xas long as short
Gate ERA_USDT+0.0100%4h0.06809+0.073%$150K$694K25xas long as short
MEXC ERA_USDTshort+0.0100%4h0.06816+0.176%$537K$152K20x
KuCoin ERAUSDTMlong+0.0100%4h0.06804long leg$140K$66K25x
Bitget ERAUSDT+0.0100%4h0.06809+0.073%$815K$236K25xas long as short
BingX ERA-USDT+0.0100%4h0.068040.000%$6.6Mas long as short
Variational Omni ERA+0.0100%4h0.06791−0.195%$10K$594as long as short