EVAA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0586%/8h= −64.2% APRnext payment −$2.93 per $10,000 · paid last 24h −0.079%

Price spread now: SunX against BloFin0.000%55s7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1311.306% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.191%−$19 on $10k

Price spread, last 3 days (all we have)+0.185%+$19 · spread now 0.000%, 7d avg +0.083%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and SunX is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.083%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.93 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	BloFin EVAA-USDT	0.8739	0.0686	pay 0.0343% / 4h	5m 40s	$448K	$118K	10x
Short	SunX EVAA-USDT	0.8739	0.0100	get 0.0050% / 4h	5m 40s	$4K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$123.16
Price spread: 0.000% → +0.083%: −$8.31
Slippage, 4 orders: −$110.55
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$262.03
Costs to cover: 1.306%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; SunX: live order book, 8 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 BloFin live order book, 5 min ago	6.28 bp	18.0 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	20.62 bp	53.8 bp −$54	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
BingX EVAA-USDT	+0.0070%	4h	0.8737	−0.023%	—	$7.2M	—	as long as short
Gate EVAA_USDT	+0.0100%	8h	0.8729	−0.114%	$2.1M	$1.9M	10x	as long as short
Bitget EVAAUSDT	+0.0100%	4h	0.8739	0.000%	$2.2M	$1.9M	10x	as long as short
SunX EVAA-USDTshort	+0.0100%	4h	0.8739	0.000%	$4K	$1.2M	20x
Bybit EVAAUSDT	+0.0640%	4h	0.8732	−0.080%	$2.6M	$1.7M	5x	as long as short
Binance EVAAUSDT	+0.0656%	4h	0.8733	−0.069%	$6.9M	$16.6M	10x	as long as short
Extended EVAA-USD	+0.0656%	1h	0.8731	−0.090%	$5K	$135K	5x	as long as short
MEXC EVAA_USDT	+0.0656%	4h	0.8736	−0.034%	$9.7M	$2.0M	50x	as long as short
BloFin EVAA-USDTlong	+0.0686%	4h	0.8739	long leg	$448K	$118K	10x
Aster EVAAUSDT	+0.0775%	4h	0.8740	+0.016%	$17K	$423K	5x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin EVAAUSDTM	+0.0846%	4h	0.8740	+0.011%	$1.6M	$1.3M	10x	as long as short