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 Gate+0.155%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1961.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.155%, 7d avg −0.026%
Together, before fees−0.263%−$26 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 0.181% dearer against Gate than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EUL_USDT1.41780.0100pay 0.0050% / 4h1h 57m$309K$697K25x
ShortBitget EULUSDT1.42000.0100get 0.0050% / 4h1h 57m$2.2M$262K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.155% → −0.026%
$18.13
Slippage, 4 orders
−$168.53
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$177.4
Costs to cover
1.955%
Break-even
never at this rate
Slippage from Gate: live order book, 24 min ago; Bitget: live order book, 4 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 Gate live order book, 24 min ago12.69 bp63.3 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago7.04 bp38.7 bp −$39134.9 bp −$1,349doesn'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+0.0076%4h1.4172−0.042%$303K$7K25xas long as short
Aster EULUSDT+0.0100%4h1.4178+0.001%$36K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4176−0.014%$3.2M$4.6M25xas long as short
Bybit EULUSDT+0.0100%4h1.4177−0.007%$1.6M$1.4M25xas long as short
Gate EUL_USDTlong+0.0100%4h1.4178long leg$309K$697K25x
MEXC EUL_USDT+0.0100%4h1.4175−0.021%$505K$126K20xas long as short
Bitget EULUSDTshort+0.0100%4h1.4200+0.155%$2.2M$262K25x
BingX EUL-USDT+0.0100%4h1.4183+0.035%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4170−0.056%$12K$1Kas long as short
edgeX EULUSDC+0.0103%4h1.4163−0.104%$25K$264K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0439%4h1.4226+0.339%$130K$43K10xas long as short
KuCoin EULUSDTM+0.0596%4h1.4200+0.155%$309K$59K25xas long as short