Settings8H · net · $10k
Funding arb · Price arb /

EUL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0500%/8h= −54.7% APRnext payment $2.50 per $10,000 · paid last 24h −0.070%
Price spread now: BloFin against HTX−0.404%7-day average −0.402% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.152%−$15 on $10k
Price spread, last 3 days (all we have)+0.241%+$24 · spread now −0.404%, 7d avg −0.402%
Together, before fees+0.089%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.402%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EUL-USDT1.41120.0621pay 0.0310% / 4h2h 50m$128K$43K10x
ShortBloFin EUL-USDT1.40550.0121get 0.0060% / 4h2h 50m$300K$7K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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
−$104.98
Price spread: −0.404% → −0.402%
−$0.16
Slippage, 4 orders
−$90.23
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$219.37
Costs to cover
1.142%
Break-even
never at this rate
Slippage from HTX: live order book, 35 min ago; BloFin: 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 HTX live order book, 35 min ago18.33 bp37.2 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago0.35 bp16.3 bp −$1655.7 bp −$557doesn'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%4h1.4075−0.260%$35K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4063−0.347%$3.2M$4.6M25xas long as short
Bybit EULUSDT+0.0100%4h1.4068−0.312%$1.6M$1.4M25xas long as short
Gate EUL_USDT+0.0100%4h1.4078−0.241%$307K$699K25xas long as short
MEXC EUL_USDT+0.0100%4h1.4060−0.368%$504K$126K20xas long as short
Bitget EULUSDT+0.0100%4h1.4080−0.227%$2.2M$255K25xas long as short
BingX EUL-USDT+0.0100%4h1.4066−0.326%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4083−0.206%$12K$1Kas long as short
edgeX EULUSDC+0.0100%4h1.4062−0.355%$24K$262K10xas long as short
BloFin EUL-USDTshort+0.0121%4h1.4055−0.404%$300K$7K25x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDTlong+0.0621%4h1.4112long leg$128K$43K10x
KuCoin EULUSDTM+0.0628%4h1.4087−0.177%$307K$59K25xas long as short