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−0.0019%/8h= −2.1% APRnext payment $0.09 per $10,000 · paid last 24h +0.015%
Price spread now: Bybit against BingX−0.231%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2132.135% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.591%−$59 on $10k
Price spread, last 7 days+0.257%+$26 · spread now −0.231%, 7d avg +0.030%
Together, before fees−0.334%−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.260% cheaper against BingX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EVAA-USDT0.86760.1320pay 0.0660% / 4h2h 51m$7.3M
ShortBybit EVAAUSDT0.86560.1301get 0.0651% / 4h2h 51m$2.7M$2.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$3.94
Price spread: −0.231% → +0.030%
−$26
Slippage, 4 orders
−$192.49
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$243.43
Costs to cover
2.135%
Break-even
never at this rate
Slippage from BingX: live order book, 2 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 BingX live order book, 2 min ago1.76 bp18.2 bp −$1891.9 bp −$919doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago7.05 bp101.4 bp −$101doesn'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
Gate EVAA_USDT+0.0100%8h0.8671−0.058%$2.1M$2.1M10xas long as short
Bitget EVAAUSDT+0.0100%4h0.8675−0.012%$2.2M$2.4M10xas long as short
SunX EVAA-USDT+0.0100%4h0.8667−0.104%$4K$1.6M20xas long as short
Extended EVAA-USD+0.0816%1h0.8684+0.094%$9K$144K5xas long as short
MEXC EVAA_USDT+0.0818%4h0.8661−0.173%$9.6M$2.3M50xas long as short
Binance EVAAUSDT+0.0820%4h0.8673−0.035%$7.2M$21.1M10xas long as short
Aster EVAAUSDT+0.0874%4h0.8619−0.663%$13K$475K5xas long as short
BloFin EVAA-USDT+0.0878%4h0.8662−0.161%$494K$135K10xas long as short
KuCoin EVAAUSDTM+0.1152%4h0.8672−0.046%$1.7M$1.6M10xas long as short
Bybit EVAAUSDTshort+0.1301%4h0.8656−0.231%$2.7M$2.1M5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX EVAA-USDTlong+0.1320%4h0.8676long leg$7.3M