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

EUL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0253%/8h= +27.7% APRnext payment +$1.26 per $10,000 · paid last 24h +0.066%
Price spread now: HTX against MEXC+0.488%7-day average +0.414% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$980.984% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 3 days (all we have)+0.059%+$6 · spread now +0.488%, 7d avg +0.414%
Together, before fees+0.224%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and HTX is 0.074% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.414%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.26 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
LongMEXC EUL_USDT1.43560.0100pay 0.0050% / 4h3h 38m$503K$125K20x
ShortHTX EUL-USDT1.44260.0353get 0.0176% / 4h3h 38m$131K$43K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$53.09
Price spread: +0.488% → +0.414%
$7.39
Slippage, 4 orders
−$82.39
Fee MEXC: 2 bp × 2 orders
−$4
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37.92
Costs to cover
0.984%
Break-even
12.0 days
Slippage from MEXC: live order book, 26 min ago; HTX: 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 MEXC live order book, 26 min ago1.74 bp5.9 bp −$648.5 bp −$485198.5 bp −$19.9Kdoesn't fit
Sell HTX live order book, 33 min ago19.55 bp46.7 bp −$47doesn'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+0.0094%4h1.4371+0.104%$304K$7K25xas long as short
Aster EULUSDT+0.0100%4h1.4368+0.086%$36K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4356+0.002%$3.3M$4.7M25xas long as short
Bybit EULUSDT+0.0100%4h1.4362+0.042%$1.6M$1.4M25xas long as short
Gate EUL_USDT+0.0100%4h1.4365+0.063%$314K$703K25xas long as short
MEXC EUL_USDTlong+0.0100%4h1.4356long leg$503K$125K20x
Bitget EULUSDT+0.0100%4h1.4380+0.167%$2.2M$272K25xas long as short
BingX EUL-USDT+0.0100%4h1.4363+0.049%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4379+0.159%$12K$1Kas long as short
edgeX EULUSDC+0.0110%4h1.4383+0.189%$17K$270K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDTshort+0.0353%4h1.4426+0.488%$131K$43K10x
KuCoin EULUSDTM+0.0654%4h1.4379+0.160%$310K$56K25xas long as short