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+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against MEXC+0.249%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$1071.072% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.962%−$96 · spread now +0.249%, 7d avg +0.002%
Together, before fees−0.956%−$96 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.247% dearer against MEXC than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EVAA_USDT0.76360.0924pay 0.0462% / 4h3h 11m$8.4M$2.6M50x
ShortBloFin EVAA-USDT0.76550.0951get 0.0475% / 4h3h 11m$395K$146K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$5.59
Price spread: +0.249% → +0.002%
$24.65
Slippage, 4 orders
−$95.24
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$76.99
Costs to cover
1.072%
Break-even
103.4 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 19 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 MEXC live order book, 2 min ago1.95 bp25.5 bp −$2671.0 bp −$710130.9 bp −$13.1K551.0 bp −$275.5K
Sell BloFin live order book, 19 min ago9.90 bp28.3 bp −$28doesn't fitdoesn't fitdoesn'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
Gate EVAA_USDT+0.0100%8h0.7627−0.118%$1.8M$2.3M10xas long as short
Bitget EVAAUSDT+0.0100%4h0.7634−0.026%$1.9M$3.1M10xas long as short
SunX EVAA-USDT+0.0100%4h0.7652+0.210%$3K$2.2M20xas long as short
Bybit EVAAUSDT+0.0488%4h0.7626−0.131%$2.2M$2.5M5xas long as short
BingX EVAA-USDT+0.0880%4h0.7627−0.118%$7.5Mas long as short
MEXC EVAA_USDTlong+0.0924%4h0.7636long leg$8.4M$2.6M50x
Binance EVAAUSDT+0.0925%4h0.7630−0.072%$6.0M$26.4M10xas long as short
Extended EVAA-USD+0.0928%1h0.7631−0.065%$6K$182K5xas long as short
BloFin EVAA-USDTshort+0.0951%4h0.7655+0.249%$395K$146K10x
Aster EVAAUSDT+0.1172%4h0.7642+0.081%$15K$542K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EVAAUSDTM+0.1292%4h0.76360.000%$1.5M$2.0M10xas long as short