EVAA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1088%/8h= −119.1% APRnext payment −$5.44 per $10,000 · paid last 24h −0.155%

Price spread now: SunX against KuCoin+0.112%54s7-day average +0.110% · you sell dearer than you buy

Net, funding: paid 7d − costs−$315as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2812.814% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.337%−$34 on $10k

Price spread, last 4 days (all we have)−0.386%−$39 · spread now +0.112%, 7d avg +0.110%

Together, before fees−0.723%−$72 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.110%, so right now this pair is about funding alone: −$33 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.337% in total (about -17.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.44 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	0.8012	0.1188	pay 0.0594% / 4h	2h 17m	$1.5M	$2.1M	10x
Short	SunX EVAA-USDT	0.8021	0.0100	get 0.0050% / 4h	2h 17m	$4K	$2.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.112%Rate

Funding earned: −$228.48
Price spread: +0.112% → +0.110%: $0.2
Slippage, 4 orders: −$261.36
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$509.65
Costs to cover: 2.814%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago	6.26 bp	85.7 bp −$86	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	22.78 bp	60.9 bp −$61	doesn't fit	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	0.7993	−0.237%	$1.9M	$2.3M	10x	as long as short
Bitget EVAAUSDT	+0.0100%	4h	0.8006	−0.075%	$2.0M	$3.2M	10x	as long as short
SunX EVAA-USDTshort	+0.0100%	4h	0.8021	+0.112%	$4K	$2.2M	20x
Bybit EVAAUSDT	+0.0257%	4h	0.7983	−0.362%	$2.3M	$2.6M	5x	as long as short
BingX EVAA-USDT	+0.1004%	4h	0.7988	−0.300%	—	$7.5M	—	as long as short
BloFin EVAA-USDT	+0.1040%	4h	0.7978	−0.424%	$403K	$154K	10x	as long as short
Extended EVAA-USD	+0.1096%	1h	0.8024	+0.147%	$5K	$180K	5x	as long as short
MEXC EVAA_USDT	+0.1098%	4h	0.7992	−0.250%	$8.8M	$2.5M	50x	as long as short
Binance EVAAUSDT	+0.1146%	4h	0.7989	−0.287%	$6.2M	$26.6M	10x	as long as short
KuCoin EVAAUSDTMlong	+0.1188%	4h	0.8012	long leg	$1.5M	$2.1M	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EVAAUSDT	+0.1413%	4h	0.8009	−0.037%	$17K	$548K	5x	as long as short