Funding you earn now, next payment 04:00 UTC−0.0609%/8h= −66.7% APRpaid last 24h −0.102%
Price spread now: Gate against Bybit−0.508%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$477as in the Funding arb table
Net, price: spread back to 7d avg − costs−$484as in the Price arb table
costs, in and out, $10k−$4414.410% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 7 days+0.375%+$37 · spread now −0.508%, 7d avg −0.080%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Gate is 0.429% cheaper against Bybit than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.356% in total (about -18.5% a year). A funding rate is set anew for every payment. 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 | Bybit EVAAUSDT | 0.7671 | 0.0709 | pay 0.0355% / 4h | 31m 35s | $2.2M | $2.5M | 5x |
| Short | Gate EVAA_USDT | 0.7632 | 0.0100 | get 0.0100% / 8h | 4h 31m | $1.8M | $2.3M | 10x |
Bybit EVAAUSDT
Gate EVAA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$127.94
- Price spread: −0.508% → −0.080%
- −$42.85
- Slippage, 4 orders
- −$415.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$611.8
- Costs to cover
- 4.410%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 1 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 Bybit live order book, 5 min ago | 7.11 bp | 85.8 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 13.11 bp | 108.1 bp −$108 | 1350.7 bp −$13.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EVAA_USDTshort | +0.0100% | 8h | 0.7632 | −0.508% | $1.8M | $2.3M | 10x | |
| Bitget EVAAUSDT | +0.0100% | 4h | 0.7670 | −0.013% | $1.9M | $3.1M | 10x | as long as short |
| SunX EVAA-USDT | +0.0100% | 4h | 0.7619 | −0.678% | $3K | $2.1M | 20x | as long as short |
| Bybit EVAAUSDTlong | +0.0709% | 4h | 0.7671 | long leg | $2.2M | $2.5M | 5x | |
| BloFin EVAA-USDT | +0.0873% | 4h | 0.7434 | −3.090% | $396K | $134K | 10x | as long as short |
| BingX EVAA-USDT | +0.0886% | 4h | 0.7672 | +0.013% | — | $7.4M | — | as long as short |
| MEXC EVAA_USDT | +0.0916% | 4h | 0.7639 | −0.417% | $8.3M | $2.5M | 50x | as long as short |
| Binance EVAAUSDT | +0.0916% | 4h | 0.7673 | +0.026% | $6.1M | $25.8M | 10x | as long as short |
| Extended EVAA-USD | +0.0920% | 1h | 0.7636 | −0.453% | $5K | $145K | 5x | as long as short |
| Aster EVAAUSDT | +0.0961% | 4h | 0.7627 | −0.577% | $20K | $533K | 5x | as long as short |
Bitget EVAAUSDT
SunX EVAA-USDT
BloFin EVAA-USDT
BingX EVAA-USDT
MEXC EVAA_USDT
Binance EVAAUSDT
Extended EVAA-USD
Aster EVAAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EVAAUSDTM | +0.1070% | 4h | 0.7646 | −0.326% | $1.5M | $2.0M | 10x | as long as short |
KuCoin EVAAUSDTM