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: MEXC against Bitget−0.210%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$810.805% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.210%, 7d avg −0.119%
Together, before fees+0.143%+$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: MEXC is 0.091% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.119%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EULUSDT1.43000.0100pay 0.0050% / 4h9m 38s$2.2M$269K25x
ShortMEXC EUL_USDT1.42700.0100get 0.0050% / 4h9m 38s$502K$127K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: −0.210% → −0.119%
−$9.05
Slippage, 4 orders
−$64.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$89.55
Costs to cover
0.805%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 60 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 ago3.50 bp37.6 bp −$38208.6 bp −$2,086doesn't fitdoesn't fit
Sell MEXC live order book, 60 min ago1.05 bp4.6 bp −$533.5 bp −$335132.6 bp −$13.3Kdoesn'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%4h1.4285−0.106%$36K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4270−0.207%$3.2M$4.7M25xas long as short
Bybit EULUSDT+0.0100%4h1.4272−0.196%$1.6M$1.4M25xas long as short
Gate EUL_USDT+0.0100%4h1.4271−0.203%$312K$724K25xas long as short
MEXC EUL_USDTshort+0.0100%4h1.4270−0.210%$502K$127K20x
Bitget EULUSDTlong+0.0100%4h1.4300long leg$2.2M$269K25x
BingX EUL-USDT+0.0100%4h1.4272−0.196%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4250−0.350%$12K$1Kas long as short
edgeX EULUSDC+0.0102%4h1.4263−0.259%$17K$270K10xas long as short
BloFin EUL-USDT+0.0106%4h1.4251−0.343%$301K$7K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0369%4h1.4317+0.119%$130K$43K10xas long as short
KuCoin EULUSDTM+0.0578%4h1.4293−0.049%$308K$57K25xas long as short