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

EUL

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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: Gate against Binance−0.239%7-day average +0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$1691.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)+0.294%+$29 · spread now −0.239%, 7d avg +0.133%
Together, before fees+0.309%+$31 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: Gate is 0.372% cheaper against Binance than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EULUSDT1.42350.0100pay 0.0050% / 4h1h 56m$3.2M$4.6M25x
ShortGate EUL_USDT1.42010.0100get 0.0050% / 4h1h 56m$309K$698K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: −0.239% → +0.133%
−$37.22
Slippage, 4 orders
−$144.28
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$206.5
Costs to cover
1.693%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 25 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 Binance live order book, 11 min ago0.35 bp18.4 bp −$18208.4 bp −$2,084doesn't fitdoesn't fit
Sell Gate live order book, 25 min ago12.69 bp65.8 bp −$66doesn't fitdoesn't fitdoesn't fit

EUL on 12 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
BloFin EUL-USDT+0.0059%4h1.4206−0.204%$303K$7K25xas long as short
Aster EULUSDT+0.0100%4h1.4234−0.006%$36K$9K5xas long as short
Binance EULUSDTlong+0.0100%4h1.4235long leg$3.2M$4.6M25x
Bybit EULUSDT+0.0100%4h1.42350.000%$1.6M$1.4M25xas long as short
Gate EUL_USDTshort+0.0100%4h1.4201−0.239%$309K$698K25x
MEXC EUL_USDT+0.0100%4h1.4232−0.021%$507K$127K20xas long as short
Bitget EULUSDT+0.0100%4h1.4270+0.246%$2.2M$262K25xas long as short
BingX EUL-USDT+0.0100%4h1.4241+0.042%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4170−0.457%$12K$1Kas long as short
edgeX EULUSDC+0.0114%4h1.4162−0.512%$24K$262K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0458%4h1.4233−0.014%$130K$43K10xas long as short
KuCoin EULUSDTM+0.0632%4h1.4218−0.119%$310K$59K25xas long as short