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 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: edgeX against Bitget−0.061%104s7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.933% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.061%, 7d avg −0.133%
Together, before fees+0.045%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.072% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.133%. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EULUSDT1.42200.0100pay 0.0050% / 4h1h 49m$2.2M$262K25x
ShortedgeX EULUSDC1.42110.0110get 0.0055% / 4h1h 49m$25K$263K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$2.13
Price spread: −0.061% → −0.133%
$7.17
Slippage, 4 orders
−$72.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$84.06
Costs to cover
0.933%
Break-even
283.9 days
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 33 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 Bitget live order book, 2 min ago7.02 bp30.3 bp −$30209.5 bp −$2,095doesn't fitdoesn't fit
Sell edgeX live order book, 33 min ago6.34 bp17.8 bp −$18doesn'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
Aster EULUSDT+0.0100%4h1.4218−0.017%$36K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4188−0.226%$3.2M$4.6M25xas long as short
Bybit EULUSDT+0.0100%4h1.4198−0.155%$1.6M$1.4M25xas long as short
Gate EUL_USDT+0.0100%4h1.4202−0.127%$310K$702K25xas long as short
MEXC EUL_USDT+0.0100%4h1.4186−0.239%$505K$127K20xas long as short
Bitget EULUSDTlong+0.0100%4h1.4220long leg$2.2M$262K25x
BingX EUL-USDT+0.0100%4h1.4200−0.141%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4202−0.125%$12K$1Kas long as short
edgeX EULUSDCshort+0.0110%4h1.4211−0.061%$25K$263K10x
BloFin EUL-USDT+0.0128%4h1.4198−0.155%$302K$7K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0528%4h1.4271+0.359%$130K$43K10xas long as short
KuCoin EULUSDTM+0.0694%4h1.4238+0.127%$310K$59K25xas long as short