EVAA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0374%/8h= +41.0% APRnext payment +$1.87 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against Bybit+0.085%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$392as in the Funding arb table

Net, price: spread back to 7d avg − costs−$367as in the Price arb table

costs, in and out, $10k−$3823.822% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.096%−$10 on $10k

Price spread, last 7 days−0.308%−$31 · spread now +0.085%, 7d avg −0.065%

Together, before fees−0.404%−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.150% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.065%. Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.096% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.87 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	Bybit EVAAUSDT	0.8275	0.0790	pay 0.0395% / 4h	2h 27m	$2.5M	$2.2M	5x
Short	KuCoin EVAAUSDTM	0.8282	0.1164	get 0.0582% / 4h	2h 27m	$1.6M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.085%Rate

Funding earned: $78.59
Price spread: +0.085% → −0.065%: $14.95
Slippage, 4 orders: −$359.18
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$288.63
Costs to cover: 3.822%
Break-even: 32.7 days

Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 4 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	4.94 bp	78.0 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	7.95 bp	89.4 bp −$89	doesn't fit	doesn't fit	doesn't fit

EVAA on 10 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_USDT	+0.0100%	8h	0.8272	−0.036%	$2.0M	$2.2M	10x	as long as short
Bitget EVAAUSDT	+0.0100%	4h	0.8273	−0.024%	$2.1M	$2.6M	10x	as long as short
SunX EVAA-USDT	+0.0100%	4h	0.8244	−0.375%	$4K	$1.7M	20x	as long as short
Bybit EVAAUSDTlong	+0.0790%	4h	0.8275	long leg	$2.5M	$2.2M	5x
BingX EVAA-USDT	+0.0842%	4h	0.8286	+0.133%	—	$7.4M	—	as long as short
MEXC EVAA_USDT	+0.0886%	4h	0.8259	−0.193%	$9.1M	$2.4M	50x	as long as short
Extended EVAA-USD	+0.0888%	1h	0.8251	−0.292%	$9K	$142K	5x	as long as short
Binance EVAAUSDT	+0.0888%	4h	0.8272	−0.039%	$6.5M	$22.8M	10x	as long as short
Aster EVAAUSDT	+0.0924%	4h	0.8265	−0.122%	$13K	$499K	5x	as long as short
KuCoin EVAAUSDTMshort	+0.1164%	4h	0.8282	+0.085%	$1.6M	$1.7M	10x