EUL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0510%/8h= −55.8% APRnext payment −$2.55 per $10,000 · paid last 24h −0.125%

Price spread now: Bitget against KuCoin0.000%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$417as in the Funding arb table

Net, price: spread back to 7d avg − costs−$397as in the Price arb table

costs, in and out, $10k−$3993.990% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.176%−$18 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now 0.000%, 7d avg −0.022%

Together, before fees−0.198%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.022%): +$2 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.176% in total) that is about 21 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.55 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	KuCoin EULUSDTM	1.4270	0.0610	pay 0.0305% / 4h	1h 42m	$310K	$54K	25x
Short	Bitget EULUSDT	1.4270	0.0100	get 0.0050% / 4h	1h 42m	$2.2M	$291K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$107.1
Price spread: 0.000% → −0.022%: $2.17
Slippage, 4 orders: −$375
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$503.93
Costs to cover: 3.990%
Break-even: never at this rate

Slippage from KuCoin: live order book, 53 min ago; Bitget: live order book, 4 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 KuCoin live order book, 53 min ago	8.07 bp	185.8 bp −$186	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.51 bp	33.9 bp −$34	167.8 bp −$1,678	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	+0.0079%	4h	1.4275	+0.035%	$306K	$8K	25x	as long as short
Aster EULUSDT	+0.0100%	4h	1.4271	+0.004%	$36K	$8K	5x	as long as short
Binance EULUSDT	+0.0100%	4h	1.4273	+0.025%	$3.2M	$4.9M	25x	as long as short
Bybit EULUSDT	+0.0100%	4h	1.4280	+0.070%	$1.6M	$1.3M	25x	as long as short
Gate EUL_USDT	+0.0100%	4h	1.4269	−0.007%	$314K	$699K	25x	as long as short
MEXC EUL_USDT	+0.0100%	4h	1.4273	+0.021%	$491K	$122K	20x	as long as short
Bitget EULUSDTshort	+0.0100%	4h	1.4270	0.000%	$2.2M	$291K	25x
BingX EUL-USDT	+0.0100%	4h	1.4281	+0.077%	—	$6.5M	—	as long as short
Variational Omni EUL	+0.0100%	4h	1.4248	−0.154%	$12K	$1K	—	as long as short
HTX EUL-USDT	+0.0100%	4h	1.4315	+0.315%	$130K	$44K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EULUSDC	+0.0112%	4h	1.4251	−0.132%	$17K	$273K	10x	as long as short
KuCoin EULUSDTMlong	+0.0610%	4h	1.4270	long leg	$310K	$54K	25x