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

EUL

all EUL 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: Bybit against BingX−0.007%7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1801.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 days+0.141%+$14 · spread now −0.007%, 7d avg +0.086%
Together, before fees+0.137%+$14 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: Bybit is 0.093% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EUL-USDT1.42410.0100pay 0.0050% / 4h1h 56m$6.5M
ShortBybit EULUSDT1.42400.0100get 0.0050% / 4h1h 56m$1.6M$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: −0.007% → +0.086%
−$9.34
Slippage, 4 orders
−$158.64
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$188.97
Costs to cover
1.796%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 5 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 BingX live order book, 10 min ago4.59 bp21.7 bp −$2286.0 bp −$860doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago3.53 bp73.0 bp −$73doesn'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%4h1.4206−0.246%$303K$7K25xas long as short
Aster EULUSDT+0.0100%4h1.4235−0.040%$36K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4228−0.091%$3.2M$4.6M25xas long as short
Bybit EULUSDTshort+0.0100%4h1.4240−0.007%$1.6M$1.4M25x
Gate EUL_USDT+0.0100%4h1.4209−0.225%$310K$698K25xas long as short
MEXC EUL_USDT+0.0100%4h1.4232−0.063%$507K$127K20xas long as short
Bitget EULUSDT+0.0100%4h1.4270+0.204%$2.2M$262K25xas long as short
BingX EUL-USDTlong+0.0100%4h1.4241long leg$6.5M
Variational Omni EUL+0.0100%4h1.4170−0.499%$12K$1Kas long as short
edgeX EULUSDC+0.0114%4h1.4162−0.554%$24K$262K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0458%4h1.4233−0.056%$130K$43K10xas long as short
KuCoin EULUSDTM+0.0632%4h1.4218−0.162%$310K$59K25xas long as short