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+0.0256%/8h= +28.1% APRnext payment +$1.28 per $10,000 · paid last 24h +0.140%
Price spread now: KuCoin against edgeX+0.032%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$447as in the Funding arb table
Net, price: spread back to 7d avg − costs−$477as in the Price arb table
costs, in and out, $10k−$4654.655% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.032%, 7d avg +0.147%
Together, before fees+0.265%+ Points / potential airdropedgeX: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.115% cheaper against edgeX than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.147%). If the spread goes back, that is −$12 on $10k: about 36 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.183% in total) that is about 4.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EULUSDC1.41540.0108pay 0.0054% / 4h1h 35m$17K$273K10x
ShortKuCoin EULUSDTM1.41590.0364get 0.0182% / 4h1h 35m$307K$51K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$53.84
Price spread: +0.032% → +0.147%
−$11.52
Slippage, 4 orders
−$444.48
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$423.15
Costs to cover
4.655%
Break-even
62.0 days
Slippage from edgeX: live order book, 7 min ago; KuCoin: live order book, 7 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 edgeX live order book, 7 min ago7.42 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago7.41 bp232.1 bp −$232doesn'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%4h1.4129−0.179%$36K$7K5xas long as short
Binance EULUSDT+0.0100%4h1.4129−0.182%$3.3M$5.5M25xas long as short
Bybit EULUSDT+0.0100%4h1.4134−0.145%$1.6M$1.3M25xas long as short
Gate EUL_USDT+0.0100%4h1.4141−0.095%$317K$720K25xas long as short
MEXC EUL_USDT+0.0100%4h1.4123−0.222%$505K$134K20xas long as short
Bitget EULUSDT+0.0100%4h1.4160+0.039%$2.2M$329K25xas long as short
BingX EUL-USDT+0.0100%4h1.4130−0.173%$6.6Mas long as short
Variational Omni EUL+0.0100%4h1.4138−0.116%$12K$1Kas long as short
edgeX EULUSDClong+0.0108%4h1.4154long leg$17K$273K10x
BloFin EUL-USDT+0.0158%4h1.4167+0.088%$309K$9K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EULUSDTMshort+0.0364%4h1.4159+0.032%$307K$51K25x
HTX EUL-USDT+0.0466%4h1.4209+0.385%$129K$44K10xas long as short