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

ERA

all ERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Variational Omni+0.019%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ERA0.067390.0100pay 0.0050% / 4h34m 25s$10K$594
ShortBingX ERA-USDT0.067400.0100get 0.0050% / 4h34m 25s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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: +0.019% → 0.000%
$1.89
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$8.11
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell BingX live order book, 2 min ago5.19 bp26.9 bp −$27105.2 bp −$1,0521045.3 bp −$104.5K1374.1 bp −$687.0K
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0074%4h0.06737−0.026%$149K$658K25xas long as short
Aster ERAUSDT+0.0100%4h0.06747+0.120%$5K$11K5xas long as short
Binance ERAUSDT+0.0100%4h0.06744+0.076%$2.1M$4.2M25xas long as short
Bybit ERAUSDT+0.0100%4h0.06738−0.011%$749K$727K25xas long as short
MEXC ERA_USDT+0.0100%4h0.06747+0.123%$508K$135K20xas long as short
KuCoin ERAUSDTM+0.0100%4h0.06740+0.019%$129K$43K25xas long as short
Bitget ERAUSDT+0.0100%4h0.06744+0.078%$807K$231K25xas long as short
BingX ERA-USDTshort+0.0100%4h0.06740+0.019%$6.6M
Variational Omni ERAlong+0.0100%4h0.06739long leg$10K$594