EUL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0485%/8h= +53.1% APRnext payment +$2.42 per $10,000 · paid last 24h +0.060%

Price spread now: KuCoin against HTX−0.471%7-day average −0.277% · you buy dearer than you sell

Net, funding: paid 7d − costs−$668as in the Funding arb table

Net, price: spread back to 7d avg − costs−$688as in the Price arb table

costs, in and out, $10k−$6696.690% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 3 days (all we have)+0.120%+$12 · spread now −0.471%, 7d avg −0.277%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.194% cheaper against HTX than usual: you would sell low and buy high (spread −0.471% now, against its 7-day average of −0.277%). If the spread goes back, that is −$19 on $10k: about 32 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.012% in total) that is about 4 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.42 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	1.4447	0.0171	pay 0.0086% / 4h	3h 39m	$131K	$43K	10x
Short	KuCoin EULUSDTM	1.4379	0.0656	get 0.0328% / 4h	3h 39m	$310K	$56K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.471%Rate

Funding earned: $101.81
Price spread: −0.471% → −0.277%: −$19.35
Slippage, 4 orders: −$645.05
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$586.59
Costs to cover: 6.690%
Break-even: 47.3 days

Slippage from HTX: live order book, 31 min ago; KuCoin: live order book, 11 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, 31 min ago	19.55 bp	40.1 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	16.00 bp	351.5 bp −$352	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
Aster EULUSDT	+0.0100%	4h	1.4381	−0.457%	$36K	$9K	5x	as long as short
Binance EULUSDT	+0.0100%	4h	1.4378	−0.478%	$3.3M	$4.7M	25x	as long as short
Bybit EULUSDT	+0.0100%	4h	1.4379	−0.471%	$1.6M	$1.4M	25x	as long as short
Gate EUL_USDT	+0.0100%	4h	1.4376	−0.491%	$314K	$702K	25x	as long as short
MEXC EUL_USDT	+0.0100%	4h	1.4371	−0.526%	$504K	$125K	20x	as long as short
Bitget EULUSDT	+0.0100%	4h	1.4400	−0.325%	$2.2M	$272K	25x	as long as short
BingX EUL-USDT	+0.0100%	4h	1.4374	−0.505%	—	$6.5M	—	as long as short
Variational Omni EUL	+0.0100%	4h	1.4379	−0.472%	$12K	$1K	—	as long as short
edgeX EULUSDC	+0.0106%	4h	1.4382	−0.449%	$17K	$270K	10x	as long as short
BloFin EUL-USDT	+0.0148%	4h	1.4393	−0.374%	$304K	$7K	25x	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	+0.0171%	4h	1.4447	long leg	$131K	$43K	10x
KuCoin EULUSDTMshort	+0.0656%	4h	1.4379	−0.471%	$310K	$56K	25x