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

EVAA

all EVAA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.010%
Price spread now: BloFin against Binance+0.452%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1841.835% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−2.853%−$285 · spread now +0.452%, 7d avg −0.001%
Together, before fees−2.844%−$284 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.454% dearer against Binance than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EVAAUSDT0.80390.1074pay 0.0537% / 4h52m 40s$6.4M$25.2M10x
ShortBloFin EVAA-USDT0.80750.1103get 0.0551% / 4h52m 40s$412K$142K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$5.89
Price spread: +0.452% → −0.001%
$45.36
Slippage, 4 orders
−$161.53
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$132.28
Costs to cover
1.835%
Break-even
164.3 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 48 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 Binance live order book, 3 min ago3.72 bp38.6 bp −$39322.8 bp −$3,228doesn't fitdoesn't fit
Sell BloFin live order book, 48 min ago8.23 bp46.5 bp −$47doesn't fitdoesn't fitdoesn't fit

EVAA on 11 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
Gate EVAA_USDT+0.0100%8h0.8044+0.067%$1.9M$2.2M10xas long as short
Bitget EVAAUSDT+0.0100%4h0.8036−0.033%$2.1M$3.0M10xas long as short
SunX EVAA-USDT+0.0100%4h0.8050+0.141%$3K$2.0M20xas long as short
Bybit EVAAUSDT+0.0749%4h0.8038−0.008%$2.3M$2.4M5xas long as short
KuCoin EVAAUSDTM+0.1012%4h0.8044+0.067%$1.6M$1.9M10xas long as short
BingX EVAA-USDT+0.1042%4h0.8049+0.129%$7.4Mas long as short
Binance EVAAUSDTlong+0.1074%4h0.8039long leg$6.4M$25.2M10x
MEXC EVAA_USDT+0.1078%4h0.8040+0.017%$8.6M$2.5M50xas long as short
Extended EVAA-USD+0.1080%1h0.8050+0.143%$4K$142K5xas long as short
BloFin EVAA-USDTshort+0.1103%4h0.8075+0.452%$412K$142K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EVAAUSDT+0.1202%4h0.8058+0.241%$20K$526K5xas long as short