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

EUL

all EUL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.058%
Price spread now: HTX against Bitget−0.051%7-day average +0.290% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1571.565% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.171%+$17 on $10k
Price spread, last 4 days (all we have)+0.493%+$49 · spread now −0.051%, 7d avg +0.290%
Together, before fees+0.665%+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.340% cheaper against Bitget than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.290%). If the spread goes back, that is −$34 on $10k: about 5.6 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.171% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EULUSDT1.38400.0100pay 0.0050% / 4h58m 41s$2.1M$493K25x
ShortHTX EUL-USDT1.38330.0304get 0.0152% / 4h58m 41s$126K$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$42.79
Price spread: −0.051% → +0.290%
−$34.04
Slippage, 4 orders
−$132.54
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$147.79
Costs to cover
1.565%
Break-even
31.2 days
Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 42 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, 3 min ago3.61 bp29.8 bp −$30342.7 bp −$3,427doesn't fitdoesn't fit
Sell HTX live order book, 42 min ago23.58 bp48.2 bp −$48doesn'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+0.0077%4h1.3821−0.137%$294K$10K25xas long as short
Aster EULUSDT+0.0100%4h1.3806−0.244%$35K$14K5xas long as short
Binance EULUSDT+0.0100%4h1.3806−0.244%$3.1M$6.7M25xas long as short
Bybit EULUSDT+0.0100%4h1.3814−0.188%$1.6M$1.5M25xas long as short
Gate EUL_USDT+0.0100%4h1.3805−0.253%$299K$775K25xas long as short
MEXC EUL_USDT+0.0100%4h1.3803−0.267%$460K$143K20xas long as short
Bitget EULUSDTlong+0.0100%4h1.3840long leg$2.1M$493K25x
BingX EUL-USDT+0.0100%4h1.3803−0.267%$6.6Mas long as short
Variational Omni EUL+0.0100%4h1.3825−0.108%$11K$1Kas long as short
edgeX EULUSDC+0.0109%4h1.3804−0.263%$16K$275K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDTshort+0.0304%4h1.3833−0.051%$126K$48K10x
KuCoin EULUSDTM+0.0456%4h1.3823−0.123%$303K$101K25xas long as short