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 −0.029%
Price spread now: KuCoin against MEXC−0.148%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$781as in the Funding arb table
Net, price: spread back to 7d avg − costs−$771as in the Price arb table
costs, in and out, $10k−$7647.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$17 on $10k
Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.148%, 7d avg −0.081%
Together, before fees−0.037%−$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: KuCoin is 0.067% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ERA_USDT0.067490.0100pay 0.0050% / 4h3h 36m$519K$138K20x
ShortKuCoin ERAUSDTM0.067390.0100get 0.0050% / 4h3h 36m$134K$45K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.148% → −0.081%
−$6.74
Slippage, 4 orders
−$748.18
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$770.92
Costs to cover
7.642%
Break-even
never at this rate
Slippage from MEXC: live order book, 28 min ago; KuCoin: 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 MEXC live order book, 28 min ago1.47 bp15.2 bp −$1561.3 bp −$613625.8 bp −$62.6Kdoesn't fit
Sell KuCoin live order book, 7 min ago12.59 bp470.2 bp −$470doesn'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
Gate ERA_USDT−0.0142%4h0.06743−0.089%$147K$673K25xas long as short
Aster ERAUSDT+0.0100%4h0.06747−0.027%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06750+0.022%$2.1M$4.3M25xas long as short
Bybit ERAUSDT+0.0100%4h0.06745−0.059%$745K$767K25xas long as short
MEXC ERA_USDTlong+0.0100%4h0.06749long leg$519K$138K20x
KuCoin ERAUSDTMshort+0.0100%4h0.06739−0.148%$134K$45K25x
Bitget ERAUSDT+0.0100%4h0.06755+0.089%$813K$242K25xas long as short
BingX ERA-USDT+0.0100%4h0.06747−0.030%$6.5Mas long as short
Variational Omni ERA+0.0100%4h0.06759+0.147%$10K$594as long as short