EVAA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0330%/8h= −36.1% APRnext payment −$1.65 per $10,000 · paid last 24h +0.014%

Price spread now: BloFin against KuCoin−0.288%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$253as in the Funding arb table

Net, price: spread back to 7d avg − costs−$280as in the Price arb table

costs, in and out, $10k−$2482.484% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)−0.767%−$77 · spread now −0.288%, 7d avg +0.027%

Together, before fees−0.814%−$81 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.314% cheaper against KuCoin than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.027%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.65 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	KuCoin EVAAUSDTM	0.7648	0.1294	pay 0.0647% / 4h	3h 55m	$1.5M	$2.0M	10x
Short	BloFin EVAA-USDT	0.7626	0.0964	get 0.0482% / 4h	3h 55m	$390K	$138K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.288%Rate

Funding earned: −$69.26
Price spread: −0.288% → +0.027%: −$31.43
Slippage, 4 orders: −$224.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$349.14
Costs to cover: 2.484%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 40 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 KuCoin live order book, 1 min ago	6.55 bp	71.2 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 40 min ago	13.06 bp	35.1 bp −$35	134.2 bp −$1,342	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_USDT	+0.0100%	8h	0.7634	−0.183%	$1.8M	$2.2M	10x	as long as short
Bitget EVAAUSDT	+0.0100%	4h	0.7632	−0.209%	$1.9M	$3.1M	10x	as long as short
SunX EVAA-USDT	+0.0100%	4h	0.7646	−0.026%	$3K	$2.1M	20x	as long as short
Bybit EVAAUSDT	+0.0614%	4h	0.7639	−0.118%	$2.2M	$2.5M	5x	as long as short
BingX EVAA-USDT	+0.0906%	4h	0.7649	+0.013%	—	$7.5M	—	as long as short
BloFin EVAA-USDTshort	+0.0964%	4h	0.7626	−0.288%	$390K	$138K	10x
Extended EVAA-USD	+0.0984%	1h	0.7633	−0.191%	$4K	$140K	5x	as long as short
MEXC EVAA_USDT	+0.0986%	4h	0.7637	−0.144%	$8.3M	$2.5M	50x	as long as short
Binance EVAAUSDT	+0.0988%	4h	0.7637	−0.147%	$6.0M	$26.3M	10x	as long as short
Aster EVAAUSDT	+0.1212%	4h	0.7632	−0.209%	$18K	$544K	5x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin EVAAUSDTMlong	+0.1294%	4h	0.7648	long leg	$1.5M	$2.0M	10x