EVAA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0979%/8h= −107.2% APRnext payment −$4.89 per $10,000 · paid last 24h −0.110%

Price spread now: SunX against Binance−0.267%7-day average +0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$314as in the Funding arb table

Net, price: spread back to 7d avg − costs−$325as in the Price arb table

costs, in and out, $10k−$2922.916% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.224%−$22 on $10k

Price spread, last 4 days (all we have)−1.763%−$176 · spread now −0.267%, 7d avg +0.070%

Together, before fees−1.987%−$199 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and SunX is 0.337% cheaper against Binance than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.070%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.224% in total (about -11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EVAAUSDT	0.8072	0.1079	pay 0.0539% / 4h	53m 21s	$6.4M	$25.2M	10x
Short	SunX EVAA-USDT	0.8050	0.0100	get 0.0050% / 4h	53m 21s	$3K	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee BinancebpFee SunXbpOrdersPrice spread, now −0.267%Rate

Funding earned: −$205.58
Price spread: −0.267% → +0.070%: −$33.73
Slippage, 4 orders: −$273.65
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$530.95
Costs to cover: 2.916%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; SunX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 3 min ago	3.72 bp	38.6 bp −$39	322.8 bp −$3,228	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	33.42 bp	135.0 bp −$135	doesn't fit	doesn't fit	doesn't fit

EVAA on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EVAA_USDT	+0.0100%	8h	0.8060	−0.143%	$1.9M	$2.2M	10x	as long as short
Bitget EVAAUSDT	+0.0100%	4h	0.8046	−0.317%	$2.1M	$3.0M	10x	as long as short
SunX EVAA-USDTshort	+0.0100%	4h	0.8050	−0.267%	$3K	$2.0M	20x
Bybit EVAAUSDT	+0.0737%	4h	0.8049	−0.279%	$2.4M	$2.4M	5x	as long as short
KuCoin EVAAUSDTM	+0.1008%	4h	0.8064	−0.094%	$1.6M	$1.9M	10x	as long as short
BingX EVAA-USDT	+0.1052%	4h	0.8070	−0.019%	—	$7.4M	—	as long as short
MEXC EVAA_USDT	+0.1078%	4h	0.8070	−0.019%	$8.6M	$2.5M	50x	as long as short
Binance EVAAUSDTlong	+0.1079%	4h	0.8072	long leg	$6.4M	$25.2M	10x
Extended EVAA-USD	+0.1080%	1h	0.8054	−0.219%	$4K	$142K	5x	as long as short
BloFin EVAA-USDT	+0.1103%	4h	0.8075	+0.043%	$412K	$142K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EVAAUSDT	+0.1192%	4h	0.8098	+0.333%	$17K	$526K	5x	as long as short