EVAA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h −0.006%

Price spread now: KuCoin against MEXC−0.169%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$223as in the Funding arb table

Net, price: spread back to 7d avg − costs−$242as in the Price arb table

costs, in and out, $10k−$2282.284% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 7 days+0.012%+$1 · spread now −0.169%, 7d avg −0.038%

Together, before fees+0.065%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.131% cheaper against MEXC than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of −0.038%). If the spread goes back, that is −$13 on $10k: about 43 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.053% in total) that is about 17 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.21 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	MEXC EVAA_USDT	0.8289	0.0898	pay 0.0449% / 4h	2h 23m	$9.1M	$2.4M	50x
Short	KuCoin EVAAUSDTM	0.8275	0.1140	get 0.0570% / 4h	2h 23m	$1.6M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.169%Rate

Funding earned: $50.82
Price spread: −0.169% → −0.038%: −$13.12
Slippage, 4 orders: −$216.42
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$190.72
Costs to cover: 2.284%
Break-even: 33.3 days

Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 8 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 MEXC live order book, 5 min ago	1.82 bp	16.1 bp −$16	74.5 bp −$745	152.1 bp −$15.2K	doesn't fit
Sell KuCoin live order book, 8 min ago	7.95 bp	89.4 bp −$89	doesn't fit	doesn't fit	doesn't fit

EVAA on 10 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	0.8267	−0.265%	$2.0M	$2.2M	10x	as long as short
Bitget EVAAUSDT	+0.0100%	4h	0.8295	+0.072%	$2.1M	$2.6M	10x	as long as short
SunX EVAA-USDT	+0.0100%	4h	0.8269	−0.241%	$3K	$1.7M	20x	as long as short
Bybit EVAAUSDT	+0.0667%	4h	0.8272	−0.205%	$2.5M	$2.2M	5x	as long as short
BingX EVAA-USDT	+0.0842%	4h	0.8292	+0.036%	—	$7.3M	—	as long as short
MEXC EVAA_USDTlong	+0.0898%	4h	0.8289	long leg	$9.1M	$2.4M	50x
Binance EVAAUSDT	+0.0902%	4h	0.8289	0.000%	$6.5M	$22.9M	10x	as long as short
Extended EVAA-USD	+0.0904%	1h	0.8287	−0.026%	$9K	$142K	5x	as long as short
Aster EVAAUSDT	+0.0941%	4h	0.8227	−0.748%	$13K	$502K	5x	as long as short
KuCoin EVAAUSDTMshort	+0.1140%	4h	0.8275	−0.169%	$1.6M	$1.7M	10x