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

EUL

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.042%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$850.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 4 days (all we have)+0.154%+$15 · spread now +0.042%, 7d avg +0.100%
Together, before fees+0.224%+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.057% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.100%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EUL_USDT1.41940.0100pay 0.0050% / 4h2h 53m$498K$122K20x
ShortBybit EULUSDT1.42000.0100get 0.0050% / 4h2h 53m$1.6M$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
$0
Price spread: +0.042% → +0.100%
−$5.75
Slippage, 4 orders
−$70.09
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$90.84
Costs to cover
0.851%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Bybit: live order book, 3 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 MEXC live order book, 6 min ago2.10 bp6.1 bp −$632.2 bp −$322188.0 bp −$18.8Kdoesn't fit
Sell Bybit live order book, 3 min ago1.76 bp45.2 bp −$45doesn'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
BloFin EUL-USDT+0.0051%4h1.4186−0.056%$302K$7K25xas long as short
Aster EULUSDT+0.0100%4h1.4222+0.194%$36K$8K5xas long as short
Binance EULUSDT+0.0100%4h1.4196+0.014%$3.2M$4.8M25xas long as short
Bybit EULUSDTshort+0.0100%4h1.4200+0.042%$1.6M$1.4M25x
Gate EUL_USDT+0.0100%4h1.4198+0.028%$312K$694K25xas long as short
MEXC EUL_USDTlong+0.0100%4h1.4194long leg$498K$122K20x
Bitget EULUSDT+0.0100%4h1.4200+0.042%$2.2M$288K25xas long as short
BingX EUL-USDT+0.0100%4h1.4201+0.049%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4206+0.083%$12K$1Kas long as short
edgeX EULUSDC+0.0116%4h1.4254+0.426%$17K$271K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0299%4h1.4249+0.387%$130K$44K10xas long as short
KuCoin EULUSDTM+0.0618%4h1.4204+0.070%$306K$54K25xas long as short