EUL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0325%/8h= −35.5% APRnext payment −$1.62 per $10,000 · paid last 24h −0.066%

Price spread now: Gate against HTX−0.530%7-day average −0.277% · you buy dearer than you sell

Net, funding: paid 7d − costs−$276as in the Funding arb table

Net, price: spread back to 7d avg − costs−$286as in the Price arb table

costs, in and out, $10k−$2612.608% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.530%, 7d avg −0.277%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.253% cheaper against HTX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.277%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.149% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX EUL-USDT	1.4335	0.0425	pay 0.0212% / 4h	2h 56m	$130K	$44K	10x
Short	Gate EUL_USDT	1.4259	0.0100	get 0.0050% / 4h	2h 56m	$314K	$691K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee HTXbpFee GatebpOrdersPrice spread, now −0.530%Rate

Funding earned: −$68.15
Price spread: −0.530% → −0.277%: −$25.27
Slippage, 4 orders: −$233.77
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$354.19
Costs to cover: 2.608%
Break-even: never at this rate

Slippage from HTX: live order book, 9 min ago; Gate: live order book, 10 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 HTX live order book, 9 min ago	24.91 bp	43.1 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 10 min ago	7.99 bp	105.4 bp −$105	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	+0.0059%	4h	1.4261	−0.516%	$304K	$7K	25x	as long as short
Aster EULUSDT	+0.0100%	4h	1.4271	−0.447%	$36K	$8K	5x	as long as short
Binance EULUSDT	+0.0100%	4h	1.4238	−0.676%	$3.2M	$4.8M	25x	as long as short
Bybit EULUSDT	+0.0100%	4h	1.4254	−0.565%	$1.6M	$1.4M	25x	as long as short
Gate EUL_USDTshort	+0.0100%	4h	1.4259	−0.530%	$314K	$691K	25x
MEXC EUL_USDT	+0.0100%	4h	1.4235	−0.698%	$499K	$122K	20x	as long as short
Bitget EULUSDT	+0.0100%	4h	1.4270	−0.453%	$2.2M	$280K	25x	as long as short
BingX EUL-USDT	+0.0100%	4h	1.4249	−0.600%	—	$6.5M	—	as long as short
Variational Omni EUL	+0.0100%	4h	1.4302	−0.230%	$12K	$1K	—	as long as short
edgeX EULUSDC	+0.0105%	4h	1.4272	−0.437%	$17K	$270K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX EUL-USDTlong	+0.0425%	4h	1.4335	long leg	$130K	$44K	10x
KuCoin EULUSDTM	+0.0654%	4h	1.4273	−0.433%	$308K	$54K	25x	as long as short