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−0.0427%/8h= −46.7% APRnext payment $2.13 per $10,000 · paid last 24h +0.088%
Price spread now: Aster against Bybit−0.433%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2432.433% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+0.579%+$58 · spread now −0.433%, 7d avg −0.034%
Together, before fees+0.615%+ Points / potential airdropAster: Stage 5 · farm board+$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.399% cheaper against Bybit than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.036% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EVAAUSDT0.86560.1301pay 0.0651% / 4h2h 51m$2.7M$2.1M5x
ShortAster EVAAUSDT0.86190.0874get 0.0437% / 4h2h 51m$13K$475K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
−$89.65
Price spread: −0.433% → −0.034%
−$39.93
Slippage, 4 orders
−$224.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$372.88
Costs to cover
2.433%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 16 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 Bybit live order book, 1 min ago7.05 bp78.3 bp −$78doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 16 min ago7.09 bp26.7 bp −$27doesn'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+0.173%$2.1M$2.1M10xas long as short
Bitget EVAAUSDT+0.0100%4h0.8675+0.220%$2.2M$2.4M10xas long as short
SunX EVAA-USDT+0.0100%4h0.8667+0.127%$4K$1.6M20xas long as short
Extended EVAA-USD+0.0816%1h0.8684+0.325%$9K$144K5xas long as short
MEXC EVAA_USDT+0.0818%4h0.8661+0.058%$9.6M$2.3M50xas long as short
Binance EVAAUSDT+0.0820%4h0.8673+0.196%$7.2M$21.1M10xas long as short
Aster EVAAUSDTshort+0.0874%4h0.8619−0.433%$13K$475K5x
BloFin EVAA-USDT+0.0878%4h0.8662+0.069%$494K$135K10xas long as short
KuCoin EVAAUSDTM+0.1152%4h0.8672+0.185%$1.7M$1.6M10xas long as short
Bybit EVAAUSDTlong+0.1301%4h0.8656long leg$2.7M$2.1M5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX EVAA-USDT+0.1320%4h0.8676+0.231%$7.3Mas long as short