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: Bitget against Bybit+0.064%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2322.322% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 7 days−0.045%−$4 · spread now +0.064%, 7d avg −0.015%
Together, before fees−0.122%−$12 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: Bitget is 0.078% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EULUSDT1.41010.0100pay 0.0050% / 4h2h 41m$1.6M$1.4M25x
ShortBitget EULUSDT1.41100.0100get 0.0050% / 4h2h 41m$2.2M$255K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.064% → −0.015%
$7.84
Slippage, 4 orders
−$209.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$224.41
Costs to cover
2.322%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 1 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 Bybit live order book, 5 min ago3.19 bp72.1 bp −$722469.5 bp −$24.7Kdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago7.09 bp32.3 bp −$32121.3 bp −$1,213doesn'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%4h1.4095−0.041%$36K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4103+0.014%$3.2M$4.6M25xas long as short
Bybit EULUSDTlong+0.0100%4h1.4101long leg$1.6M$1.4M25x
Gate EUL_USDT+0.0100%4h1.4116+0.106%$308K$703K25xas long as short
MEXC EUL_USDT+0.0100%4h1.4104+0.021%$505K$127K20xas long as short
Bitget EULUSDTshort+0.0100%4h1.4110+0.064%$2.2M$255K25x
BingX EUL-USDT+0.0100%4h1.4106+0.035%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4126+0.178%$12K$1Kas long as short
edgeX EULUSDC+0.0112%4h1.4090−0.079%$24K$264K10xas long as short
BloFin EUL-USDT+0.0129%4h1.4100−0.007%$303K$7K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0388%4h1.4152+0.362%$129K$43K10xas long as short
KuCoin EULUSDTM+0.0548%4h1.4119+0.128%$307K$59K25xas long as short