Settings8H · net · $10k
Funding arb · Price arb /

EVAA

all EVAA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.013%
Price spread now: MEXC against KuCoin−0.091%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs−$522as in the Price arb table
costs, in and out, $10k−$5105.100% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 7 days+0.104%+$10 · spread now −0.091%, 7d avg +0.033%
Together, before fees+0.034%+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.124% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.033%). If the spread goes back, that is −$12 on $10k: about 12 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EVAAUSDTM0.77060.1120pay 0.0560% / 4h1h 34m$1.5M$2.1M10x
ShortMEXC EVAA_USDT0.76990.1154get 0.0577% / 4h1h 34m$8.5M$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$7.14
Price spread: −0.091% → +0.033%
−$12.4
Slippage, 4 orders
−$498.01
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$515.28
Costs to cover
5.100%
Break-even
512.2 days
Slippage from KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago6.48 bp263.4 bp −$263doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago3.25 bp21.1 bp −$2175.2 bp −$752139.9 bp −$14.0K436.9 bp −$218.4K

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%8h0.7696−0.130%$1.8M$2.3M10xas long as short
Bitget EVAAUSDT+0.0100%4h0.7699−0.091%$2.0M$3.2M10xas long as short
SunX EVAA-USDT+0.0100%4h0.7717+0.143%$3K$2.3M20xas long as short
Bybit EVAAUSDT+0.0341%4h0.7701−0.065%$2.3M$2.6M5xas long as short
KuCoin EVAAUSDTMlong+0.1120%4h0.7706long leg$1.5M$2.1M10x
BingX EVAA-USDT+0.1122%4h0.7700−0.078%$7.5Mas long as short
BloFin EVAA-USDT+0.1129%4h0.7698−0.104%$390K$150K10xas long as short
Binance EVAAUSDT+0.1145%4h0.7698−0.104%$6.0M$26.9M10xas long as short
Extended EVAA-USD+0.1152%1h0.7699−0.089%$4K$184K5xas long as short
MEXC EVAA_USDTshort+0.1154%4h0.7699−0.091%$8.5M$2.5M50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EVAAUSDT+0.1411%4h0.7706+0.005%$17K$554K5xas long as short