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

EVAA

all EVAA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0462%/8h= −50.6% APRnext payment $2.31 per $10,000 · paid last 24h −0.089%
Price spread now: Bitget against BingX−0.148%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.350%−$35 on $10k
Price spread, last 7 days+0.139%+$14 · spread now −0.148%, 7d avg −0.095%
Together, before fees−0.211%−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.053% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EVAA-USDT0.87570.0562pay 0.0281% / 4h1h 02m$7.0M
ShortBitget EVAAUSDT0.87440.0100get 0.0050% / 4h1h 02m$2.2M$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
−$97.1
Price spread: −0.148% → −0.095%
−$5.34
Slippage, 4 orders
−$103.91
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$228.35
Costs to cover
1.259%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Bitget: live order book, 9 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 BingX live order book, 15 min ago1.73 bp19.5 bp −$20114.6 bp −$1,146doesn't fitdoesn't fit
Sell Bitget live order book, 9 min ago6.37 bp41.7 bp −$42260.6 bp −$2,606doesn'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%8h0.8761+0.046%$2.1M$1.9M10xas long as short
Bitget EVAAUSDTshort+0.0100%4h0.8744−0.148%$2.2M$1.8M10x
SunX EVAA-USDT+0.0100%4h0.8765+0.091%$4K$1.0M20xas long as short
Bybit EVAAUSDT+0.0471%4h0.8750−0.080%$2.6M$1.6M5xas long as short
BingX EVAA-USDTlong+0.0562%4h0.8757long leg$7.0M
Extended EVAA-USD+0.0592%1h0.8767+0.116%$5K$135K5xas long as short
Binance EVAAUSDT+0.0595%4h0.8758+0.011%$6.8M$14.9M10xas long as short
MEXC EVAA_USDT+0.0598%4h0.8764+0.080%$9.8M$1.9M50xas long as short
BloFin EVAA-USDT+0.0629%4h0.8764+0.080%$442K$113K10xas long as short
KuCoin EVAAUSDTM+0.0676%4h0.8762+0.057%$1.6M$1.3M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EVAAUSDT+0.0768%4h0.8769+0.137%$25K$388K5xas long as short