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−0.0294%/8h= −32.2% APRnext payment $1.47 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against Binance+0.037%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$490as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$5055.053% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 7 days+0.006%+$1 · spread now +0.037%, 7d avg +0.036%
Together, before fees+0.156%+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.47 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
LongBinance EVAAUSDT0.77800.0955pay 0.0477% / 4h1h 20m$6.1M$24.5M10x
ShortBybit EVAAUSDT0.77830.0661get 0.0330% / 4h1h 20m$2.3M$2.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$61.72
Price spread: +0.037% → +0.036%
$0.08
Slippage, 4 orders
−$484.28
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$566.92
Costs to cover
5.053%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago0.63 bp44.9 bp −$45393.2 bp −$3,932doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago8.32 bp187.6 bp −$188doesn'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
BingX EVAA-USDT+0.0070%4h0.7803+0.294%$7.4Mas long as short
Gate EVAA_USDT+0.0100%8h0.7780−0.001%$1.9M$2.2M10xas long as short
Bitget EVAAUSDT+0.0100%4h0.7794+0.178%$1.9M$2.8M10xas long as short
SunX EVAA-USDT+0.0100%4h0.7812+0.410%$3K$1.9M20xas long as short
Bybit EVAAUSDTshort+0.0661%4h0.7783+0.037%$2.3M$2.4M5x
BloFin EVAA-USDT+0.0902%4h0.7796+0.204%$411K$131K10xas long as short
Aster EVAAUSDT+0.0949%4h0.7778−0.033%$21K$497K5xas long as short
Extended EVAA-USD+0.0952%1h0.7780+0.004%$4K$143K5xas long as short
MEXC EVAA_USDT+0.0954%4h0.7791+0.140%$8.4M$2.5M50xas long as short
Binance EVAAUSDTlong+0.0955%4h0.7780long leg$6.1M$24.5M10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EVAAUSDTM+0.0980%4h0.7793+0.166%$1.5M$1.8M10xas long as short