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

ERA

all ERA markets
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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 0.000%
Price spread now: Bybit against MEXC−0.044%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1931.931% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.044%, 7d avg −0.044%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ERA_USDT0.067670.0100pay 0.0050% / 4h2h 06m$531K$151K20x
ShortBybit ERAUSDT0.067640.0100get 0.0050% / 4h2h 06m$771K$817K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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: −0.044% → −0.044%
−$0.06
Slippage, 4 orders
−$178.15
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$193.21
Costs to cover
1.931%
Break-even
never at this rate
Slippage from MEXC: live order book, 45 min ago; Bybit: live order book, 59 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 MEXC live order book, 45 min ago1.48 bp15.0 bp −$1559.2 bp −$592488.2 bp −$48.8Kdoesn't fit
Sell Bybit live order book, 59 min ago4.43 bp80.2 bp −$80201.9 bp −$2,019doesn'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%4h0.06769+0.036%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06769+0.037%$2.1M$4.5M25xas long as short
Bybit ERAUSDTshort+0.0100%4h0.06764−0.044%$771K$817K25x
Gate ERA_USDT+0.0100%4h0.06759−0.118%$148K$693K25xas long as short
MEXC ERA_USDTlong+0.0100%4h0.06767long leg$531K$151K20x
KuCoin ERAUSDTM+0.0100%4h0.06765−0.030%$139K$68K25xas long as short
Bitget ERAUSDT+0.0100%4h0.06762−0.074%$810K$243K25xas long as short
BingX ERA-USDT+0.0100%4h0.06763−0.059%$6.5Mas long as short
Variational Omni ERA+0.0100%4h0.06765−0.032%$10K$594as long as short