EUL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0512%/8h= +56.1% APRnext payment +$2.56 per $10,000 · paid last 24h +0.125%

Price spread now: KuCoin against Bitget0.000%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$381as in the Funding arb table

Net, price: spread back to 7d avg − costs−$401as in the Price arb table

costs, in and out, $10k−$3993.990% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.176%+$18 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now 0.000%, 7d avg +0.022%

Together, before fees+0.198%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.022% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.022%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.176% in total) that is about 21 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EULUSDT	1.4270	0.0100	pay 0.0050% / 4h	1h 42m	$2.2M	$291K	25x
Short	KuCoin EULUSDTM	1.4270	0.0612	get 0.0306% / 4h	1h 42m	$310K	$54K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $107.52
Price spread: 0.000% → +0.022%: −$2.17
Slippage, 4 orders: −$375
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$293.65
Costs to cover: 3.990%
Break-even: 26.1 days

Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	3.51 bp	34.7 bp −$35	195.2 bp −$1,952	doesn't fit	doesn't fit
Sell KuCoin live order book, 54 min ago	8.07 bp	144.7 bp −$145	doesn't fit	doesn't fit	doesn't fit

EUL on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EUL-USDT	+0.0079%	4h	1.4275	+0.035%	$306K	$8K	25x	as long as short
Aster EULUSDT	+0.0100%	4h	1.4271	+0.007%	$36K	$8K	5x	as long as short
Binance EULUSDT	+0.0100%	4h	1.4271	+0.007%	$3.2M	$4.9M	25x	as long as short
Bybit EULUSDT	+0.0100%	4h	1.4280	+0.070%	$1.6M	$1.3M	25x	as long as short
Gate EUL_USDT	+0.0100%	4h	1.4268	−0.014%	$314K	$699K	25x	as long as short
MEXC EUL_USDT	+0.0100%	4h	1.4272	+0.014%	$491K	$122K	20x	as long as short
Bitget EULUSDTlong	+0.0100%	4h	1.4270	long leg	$2.2M	$291K	25x
BingX EUL-USDT	+0.0100%	4h	1.4276	+0.042%	—	$6.5M	—	as long as short
Variational Omni EUL	+0.0100%	4h	1.4248	−0.154%	$12K	$1K	—	as long as short
HTX EUL-USDT	+0.0100%	4h	1.4315	+0.315%	$130K	$44K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EULUSDC	+0.0112%	4h	1.4251	−0.132%	$17K	$273K	10x	as long as short
KuCoin EULUSDTMshort	+0.0612%	4h	1.4270	0.000%	$310K	$54K	25x