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+0.0606%/8h= +66.4% APRpaid last 24h +0.111%
Price spread now: MEXC against Gate+0.056%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2352.350% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.206%+$21 on $10k
Price spread, last 7 days+0.079%+$8 · spread now +0.056%, 7d avg +0.056%
Together, before fees+0.285%+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.206% in total (about 10.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EVAA_USDT0.89370.0100pay 0.0100% / 8h7h 19m$2.2M$1.9M10x
ShortMEXC EVAA_USDT0.89420.0706get 0.0353% / 4h3h 19m$10.0M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$127.26
Price spread: +0.056% → +0.056%
$0.02
Slippage, 4 orders
−$219.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$107.7
Costs to cover
2.350%
Break-even
12.9 days
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 3 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 Gate live order book, 3 min ago5.05 bp115.4 bp −$11513405.2 bp −$134.1Kdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago5.06 bp17.4 bp −$1778.8 bp −$788145.8 bp −$14.6Kdoesn'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
BingX EVAA-USDT+0.0070%4h0.8943+0.067%$7.2Mas long as short
Gate EVAA_USDTlong+0.0100%8h0.8937long leg$2.2M$1.9M10x
Bitget EVAAUSDT+0.0100%4h0.8942+0.056%$2.3M$2.0M10xas long as short
SunX EVAA-USDT+0.0100%4h0.8949+0.134%$4K$1.3M20xas long as short
BloFin EVAA-USDT+0.0669%4h0.8935−0.022%$474K$127K10xas long as short
Extended EVAA-USD+0.0704%1h0.8944+0.075%$8K$136K5xas long as short
MEXC EVAA_USDTshort+0.0706%4h0.8942+0.056%$10.0M$2.1M50x
Binance EVAAUSDT+0.0707%4h0.8946+0.101%$7.1M$17.7M10xas long as short
Aster EVAAUSDT+0.0863%4h0.8939+0.022%$21K$431K5xas long as short
KuCoin EVAAUSDTM+0.0972%4h0.8943+0.067%$1.7M$1.4M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EVAAUSDT+0.1744%4h0.89370.000%$2.7M$1.8M5xas long as short