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

EVAA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0560%/8h= +61.3% APRnext payment +$2.80 per $10,000 · paid last 24h +0.082%
Price spread now: MEXC against SunX−0.023%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 3 days (all we have)+0.348%+$35 · spread now −0.023%, 7d avg −0.081%
Together, before fees+0.545%+$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and MEXC is 0.058% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.081%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.197% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EVAA-USDT0.87300.0100pay 0.0050% / 4h8m 41s$3K$1.2M20x
ShortMEXC EVAA_USDT0.87280.0660get 0.0330% / 4h8m 41s$9.7M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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
$117.6
Price spread: −0.023% → −0.081%
$5.83
Slippage, 4 orders
−$119.07
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$3.64
Costs to cover
1.271%
Break-even
7.2 days
Slippage from SunX: live order book, 5 min ago; MEXC: live order book, 4 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 SunX live order book, 5 min ago20.62 bp34.7 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago4.01 bp12.7 bp −$1370.5 bp −$705151.5 bp −$15.1Kdoesn'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
BingX EVAA-USDT+0.0070%4h0.8741+0.126%$7.1Mas long as short
Gate EVAA_USDT+0.0100%8h0.87300.000%$2.1M$1.9M10xas long as short
Bitget EVAAUSDT+0.0100%4h0.8725−0.057%$2.2M$1.9M10xas long as short
SunX EVAA-USDTlong+0.0100%4h0.8730long leg$3K$1.2M20x
BloFin EVAA-USDT+0.0602%4h0.8733+0.034%$448K$118K10xas long as short
Bybit EVAAUSDT+0.0613%4h0.8735+0.057%$2.6M$1.7M5xas long as short
Binance EVAAUSDT+0.0657%4h0.8718−0.142%$6.9M$16.5M10xas long as short
MEXC EVAA_USDTshort+0.0660%4h0.8728−0.023%$9.7M$2.0M50x
Extended EVAA-USD+0.0664%1h0.8727−0.031%$5K$135K5xas long as short
Aster EVAAUSDT+0.0781%4h0.8724−0.071%$17K$421K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EVAAUSDTM+0.0830%4h0.8722−0.092%$1.6M$1.3M10xas long as short