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+0.0608%/8h= +66.6% APRnext payment +$3.04 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against BingX+0.275%111s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.790%−$79 on $10k
Price spread, last 3 days (all we have)−0.822%−$82 · spread now +0.275%, 7d avg +0.003%
Together, before fees−1.612%−$161 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BloFin is 0.272% dearer against BingX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.790%, so the current rate has only just turned in your favour. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EVAA-USDT0.87310.0070pay 0.0035% / 4h9m 23s$7.2M
ShortBloFin EVAA-USDT0.87550.0678get 0.0339% / 4h9m 23s$452K$118K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$127.73
Price spread: +0.275% → +0.003%
$27.15
Slippage, 4 orders
−$47.58
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$85.3
Costs to cover
0.696%
Break-even
2.3 days
Slippage from BingX: live order book, 3 min ago; BloFin: 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 BingX live order book, 3 min ago4.01 bp15.8 bp −$1669.6 bp −$6961068.7 bp −$106.9K1438.1 bp −$719.0K
Sell BloFin live order book, 1 min ago6.28 bp24.0 bp −$24doesn'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-USDTlong+0.0070%4h0.8731long leg$7.2M
Gate EVAA_USDT+0.0100%8h0.8725−0.069%$2.1M$1.9M10xas long as short
Bitget EVAAUSDT+0.0100%4h0.8729−0.023%$2.2M$1.9M10xas long as short
SunX EVAA-USDT+0.0100%4h0.8759+0.321%$3K$1.2M20xas long as short
Bybit EVAAUSDT+0.0594%4h0.8732+0.011%$2.6M$1.7M5xas long as short
Extended EVAA-USD+0.0656%1h0.8737+0.070%$5K$135K5xas long as short
MEXC EVAA_USDT+0.0658%4h0.8723−0.092%$9.7M$2.0M50xas long as short
Binance EVAAUSDT+0.0661%4h0.8728−0.034%$6.9M$16.5M10xas long as short
BloFin EVAA-USDTshort+0.0678%4h0.8755+0.275%$452K$118K10x
Aster EVAAUSDT+0.0786%4h0.8738+0.076%$17K$420K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EVAAUSDTM+0.0820%4h0.8737+0.069%$1.6M$1.3M10xas long as short