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: Bybit against Gate−0.063%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2242.240% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.063%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.021% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EUL_USDT | 1.4292 | 0.0100 | pay 0.0050% / 4h | 36m 37s | $312K | $713K | 25x |
| Short | Bybit EULUSDT | 1.4283 | 0.0100 | get 0.0050% / 4h | 36m 37s | $1.6M | $1.4M | 25x |
Gate EUL_USDT
Bybit EULUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.063% → −0.042%
- −$2.08
- Slippage, 4 orders
- −$198.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$226.11
- Costs to cover
- 2.240%
- Break-even
- never at this rate
Slippage from Gate: live order book, 40 min ago; Bybit: live order book, 5 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 Gate live order book, 40 min ago | 5.99 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.35 bp | 44.7 bp −$45 | 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 | +0.0074% | 4h | 1.4255 | −0.259% | $302K | $7K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4298 | +0.040% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4294 | +0.016% | $3.2M | $4.7M | 25x | as long as short |
| Bybit EULUSDTshort | +0.0100% | 4h | 1.4283 | −0.063% | $1.6M | $1.4M | 25x | |
| Gate EUL_USDTlong | +0.0100% | 4h | 1.4292 | long leg | $312K | $713K | 25x | |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4294 | +0.014% | $503K | $125K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4290 | −0.014% | $2.2M | $269K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4280 | −0.084% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4268 | −0.170% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0114% | 4h | 1.4255 | −0.255% | $25K | $263K | 10x | as long as short |
BloFin EUL-USDT
Aster EULUSDT
Binance EULUSDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0419% | 4h | 1.4329 | +0.259% | $130K | $42K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0566% | 4h | 1.4297 | +0.035% | $308K | $57K | 25x | as long as short |
HTX EUL-USDT
KuCoin EULUSDTM