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 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: edgeX against Gate+0.065%97s7-day average −0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1621.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.175%−$18 · spread now +0.065%, 7d avg −0.150%
Together, before fees−0.172%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.215% dearer against Gate than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.150%. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EUL_USDT1.42020.0100pay 0.0050% / 4h1h 49m$310K$702K25x
ShortedgeX EULUSDC1.42110.0110get 0.0055% / 4h1h 49m$25K$263K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$2.13
Price spread: +0.065% → −0.150%
$21.52
Slippage, 4 orders
−$137.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$137.92
Costs to cover
1.616%
Break-even
461.3 days
Slippage from Gate: live order book, 32 min ago; edgeX: live order book, 33 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, 32 min ago12.69 bp63.3 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 33 min ago6.34 bp17.8 bp −$18doesn'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%4h1.4218+0.110%$36K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4188−0.099%$3.2M$4.6M25xas long as short
Bybit EULUSDT+0.0100%4h1.4198−0.028%$1.6M$1.4M25xas long as short
Gate EUL_USDTlong+0.0100%4h1.4202long leg$310K$702K25x
MEXC EUL_USDT+0.0100%4h1.4186−0.113%$505K$127K20xas long as short
Bitget EULUSDT+0.0100%4h1.4220+0.127%$2.2M$262K25xas long as short
BingX EUL-USDT+0.0100%4h1.4200−0.014%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4202+0.002%$12K$1Kas long as short
edgeX EULUSDCshort+0.0110%4h1.4211+0.065%$25K$263K10x
BloFin EUL-USDT+0.0128%4h1.4198−0.028%$302K$7K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0528%4h1.4271+0.486%$130K$43K10xas long as short
KuCoin EULUSDTM+0.0694%4h1.4238+0.253%$310K$59K25xas long as short