Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.016%
Price spread now: Binance against tradeXYZ+0.065%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$820.818% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 2 days (all we have)+0.007%+$1 · spread now +0.065%, 7d avg +0.031%
=Together, before fees−0.104%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.033% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.031%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWT | 114.37 | 0.0050 | pay 0.0006% / 1h | 26m 05s | $711K | $204K | 20x |
| Short | Binance EWTUSDT | 114.44 | 0 | get 0.0000% / 8h | 1h 26m | $467K | $858K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.065% → +0.031%
- $3.31
- Slippage, 4 orders
- −$53.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.98
- Costs to cover
- 0.818%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 40 min ago; Binance: live order book, 66 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 tradeXYZ live order book, 40 min ago | 4.80 bp | 21.7 bp −$22 | 77.4 bp −$774 | doesn't fit | doesn't fit |
| Sell Binance live order book, 66 min ago | 2.62 bp | 17.4 bp −$17 | 95.0 bp −$950 | doesn't fit | doesn't fit |
EWT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWTUSDT | 0.0000% | 8h | 114.46 | +0.082% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDTshort | 0.0000% | 8h | 114.44 | +0.065% | $467K | $858K | 20x | |
| Bybit EWTUSDT | 0.0000% | 8h | 114.43 | +0.052% | $219K | $46K | 25x | as long as short |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 114.50 | +0.114% | $172K | $165K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 114.51 | +0.122% | $43K | $2K | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 114.42 | +0.044% | $2.4M | $88K | 50x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 114.49 | +0.105% | $1.2M | $473K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 114.41 | +0.035% | $56K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 114.47 | +0.087% | $3K | $168K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 114.38 | +0.009% | $1K | $329K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWT-USDT | 0.0000% | 8h | 114.25 | −0.105% | $15K | $8K | 10x | as long as short |
| tradeXYZ xyz:EWTlong | +0.0050% | 1h | 114.37 | long leg | $711K | $204K | 20x |
tradeXYZ xyz:EWT
Binance EWTUSDT
Aster EWTUSDT
Bybit EWTUSDT
OKX EWT-USDT-SWAP
Gate EWT_USDT
MEXC EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_Perp
SunX EWT-USDT
HTX EWT-USDT