ERA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniERA	0.07352	−0.0270	get 0.0135% / 4h	8m 23s	$178K	$21K	50x	Long Variational Omni+15% pts
SHORT	GateERA_USDT	0.07364	−0.1278	pay 0.0639% / 4h	8m 23s	$1.2M	$2.2M	25x	Short Gate

Price gap+0.163%

Funding gap−0.1008% /8h

Both sides work against this direction now: funding costs $30 a day on $10k and the gap is 0.303% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$640−0.1008% /8h now · paid −6.397% over the last 7D

Price−$30spread +0.163% now, avg +0.466% → −0.303% if it goes back

Costs−$5595.594% of $10k · taker + slippage, in and out

Result−$1,229−12.29%+ Points / potential airdropVariational Omni: points · farm board

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.163%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ERA on 11 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size212.2 / 100.5 bp
At $10k entering Variational Omni costs 212.2 bp, fee and slippage, 2.1× Gate’s.
Note: Margin at max leverage$200 + $400
Variational Omni 50x, Gate 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$30.23Long Variational Omni: 6 payments, +$8.11; short Gate: 6 payments, −$38.34.
Watch: Gap narrower than usual+0.163% vs +0.466%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$178K vs $1.2M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni No · Gate Yes
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.3046%/8h × 21 periods−$639.72

Price spread+0.163% → +0.466% (7d avg)−$30.28

Slippage, 4 orderslive order books−$544.41

Fee Variational Omni bp × 2 orders$0.00

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$1,229.41

Costs to cover5.594%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 36 min ago; Gate: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni4.78212.2 bp−$212414.3 bp−$4,143doesn’t fitdoesn’t fit

SELL · SHORTGate1.35100.5 bp−$100doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

ERA news

posts that mention ERA, from every exchange

11-06 09:40	AZverse	Listing	new market era_usdt ($ERA) seen by our collector
10-29 11:27	Extended	Listing	Now available to trade: $BR, $BAT, ethereum:0x0a092e544da31150b439a1aaa1a3a2214a867f46 and $ERA (Bedrock, Basic Attention, Concrete and Caldera) with up to 5x leverage and $ZK (ZKsync) with up to 10x leverage @extendedapp on X ↗
10-28 17:38	Extended	Listing	new market ERA-USD ($ERA) seen by our collector

ERA