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Funding arb · Price arb /

EVAA

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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 04:00 UTC−0.0720%/8h= −78.8% APRpaid last 24h −0.111%
Price spread now: Gate against Binance−0.023%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2312.315% of the position
Long on BinanceShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.206%−$21 on $10k
Price spread, last 7 days−0.109%−$11 · spread now −0.023%, 7d avg −0.047%
Together, before fees−0.315%−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.024% dearer against Binance than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.047%): +$2 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.206% in total) that is about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.206% in total (about -10.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EVAAUSDT0.86730.0820pay 0.0410% / 4h2h 51m$7.2M$21.1M10x
ShortGate EVAA_USDT0.86710.0100get 0.0100% / 8h6h 51m$2.1M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$151.17
Price spread: −0.023% → −0.047%
$2.35
Slippage, 4 orders
−$206.49
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$380.31
Costs to cover
2.315%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: 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 ago0.56 bp28.5 bp −$28250.5 bp −$2,505doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago14.16 bp91.4 bp −$911968.5 bp −$19.7Kdoesn'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_USDTshort+0.0100%8h0.8671−0.023%$2.1M$2.1M10x
Bitget EVAAUSDT+0.0100%4h0.8675+0.023%$2.2M$2.4M10xas long as short
SunX EVAA-USDT+0.0100%4h0.8667−0.069%$4K$1.6M20xas long as short
Extended EVAA-USD+0.0816%1h0.8684+0.129%$9K$144K5xas long as short
MEXC EVAA_USDT+0.0818%4h0.8661−0.138%$9.6M$2.3M50xas long as short
Binance EVAAUSDTlong+0.0820%4h0.8673long leg$7.2M$21.1M10x
Aster EVAAUSDT+0.0874%4h0.8619−0.628%$13K$475K5xas long as short
BloFin EVAA-USDT+0.0878%4h0.8662−0.127%$494K$135K10xas long as short
KuCoin EVAAUSDTM+0.1152%4h0.8672−0.012%$1.7M$1.6M10xas long as short
Bybit EVAAUSDT+0.1301%4h0.8656−0.196%$2.7M$2.1M5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX EVAA-USDT+0.1320%4h0.8676+0.035%—$7.3M—as long as short