EVAA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0824%/8h= −90.2% APRnext payment −$4.12 per $10,000 · paid last 24h −0.142%

Price spread now: SunX against MEXC+0.210%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1601.599% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.267%−$27 on $10k

Price spread, last 4 days (all we have)−0.730%−$73 · spread now +0.210%, 7d avg +0.072%

Together, before fees−0.997%−$100 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.137% dearer against MEXC than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of +0.072%): +$14 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.267% in total) that is about 3.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.267% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.12 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	0.7636	0.0924	pay 0.0462% / 4h	3h 11m	$8.4M	$2.6M	50x
Short	SunX EVAA-USDT	0.7652	0.0100	get 0.0050% / 4h	3h 11m	$3K	$2.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.210%Rate

Funding earned: −$173.04
Price spread: +0.210% → +0.072%: $13.74
Slippage, 4 orders: −$151.91
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$319.21
Costs to cover: 1.599%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; SunX: live order book, 5 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, 2 min ago	1.95 bp	25.5 bp −$26	71.0 bp −$710	130.9 bp −$13.1K	551.0 bp −$275.5K
Sell SunX live order book, 5 min ago	23.45 bp	65.2 bp −$65	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	0.7627	−0.118%	$1.8M	$2.3M	10x	as long as short
Bitget EVAAUSDT	+0.0100%	4h	0.7634	−0.026%	$1.9M	$3.1M	10x	as long as short
SunX EVAA-USDTshort	+0.0100%	4h	0.7652	+0.210%	$3K	$2.2M	20x
Bybit EVAAUSDT	+0.0488%	4h	0.7626	−0.131%	$2.2M	$2.5M	5x	as long as short
BingX EVAA-USDT	+0.0880%	4h	0.7627	−0.118%	—	$7.5M	—	as long as short
MEXC EVAA_USDTlong	+0.0924%	4h	0.7636	long leg	$8.4M	$2.6M	50x
Binance EVAAUSDT	+0.0925%	4h	0.7630	−0.072%	$6.0M	$26.4M	10x	as long as short
Extended EVAA-USD	+0.0928%	1h	0.7631	−0.065%	$6K	$182K	5x	as long as short
BloFin EVAA-USDT	+0.0951%	4h	0.7655	+0.249%	$395K	$146K	10x	as long as short
Aster EVAAUSDT	+0.1172%	4h	0.7642	+0.081%	$15K	$542K	5x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin EVAAUSDTM	+0.1292%	4h	0.7636	0.000%	$1.5M	$2.0M	10x	as long as short