Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.069%
Price spread now: tradeXYZ against Binance−0.016%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1201.201% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 2 days (all we have)−0.041%−$4 · spread now −0.016%, 7d avg −0.020%
=Together, before fees+0.220%+ Points / potential airdroptradeXYZ: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.261%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWZUSDT | 37.900 | 0 | get 0.0000% / 8h | 2m 23s | $295K | $263K | 20x |
| Short | tradeXYZ xyz:EWZ | 37.894 | −0.0082 | pay 0.0010% / 1h | 2m 23s | $592K | $83K | 20x |
Binance EWZUSDT
tradeXYZ xyz:EWZFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- −$17.23
- Price spread: −0.016% → −0.020%
- $0.43
- Slippage, 4 orders
- −$92.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$136.88
- Costs to cover
- 1.201%
- Break-even
- never at this rate
Slippage from Binance: live order book, 74 min ago; tradeXYZ: live order book, 54 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 Binance live order book, 74 min ago | 2.64 bp | 26.6 bp −$27 | 99.5 bp −$995 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 54 min ago | 5.14 bp | 34.3 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
EWZ on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EWZUSDTM | −0.0674% | 8h | 37.870 | −0.079% | $26K | $725K | 20x | as long as short |
| tradeXYZ xyz:EWZshort | −0.0082% | 1h | 37.894 | −0.016% | $592K | $83K | 20x | |
| Aster EWZUSDT | 0.0000% | 8h | 37.912 | +0.032% | $9K | $50 | 20x | as long as short |
| Binance EWZUSDTlong | 0.0000% | 8h | 37.900 | long leg | $295K | $263K | 20x | |
| Bybit EWZUSDT | 0.0000% | 8h | 37.880 | −0.053% | $325K | $15K | 25x | as long as short |
| OKX EWZ-USDT-SWAP | 0.0000% | 8h | 37.870 | −0.079% | $124K | $40K | 20x | as long as short |
| Gate EWZ_USDT | 0.0000% | 8h | 37.890 | −0.026% | $60K | $7K | 20x | as long as short |
| MEXC EWZ_USDT | 0.0000% | 8h | 37.920 | +0.053% | $721K | $82K | 50x | as long as short |
| Bitget EWZUSDT | 0.0000% | 8h | 37.920 | +0.053% | $77K | $25K | 20x | as long as short |
| Variational Omni EWZ | 0.0000% | 8h | 37.885 | −0.040% | $49K | $34K | — | as long as short |
KuCoin EWZUSDTM
Aster EWZUSDT
Bybit EWZUSDT
OKX EWZ-USDT-SWAP
Gate EWZ_USDT
MEXC EWZ_USDT
Bitget EWZUSDT
Variational Omni EWZShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWZ_USDT_Perp | 0.0000% | 8h | 37.877 | −0.062% | $3 | $126K | 10x | as long as short |
| SunX EWZ-USDT | 0.0000% | 8h | 37.880 | −0.053% | $1K | $511K | 10x | as long as short |
| HTX EWZ-USDT | 0.0000% | 8h | 37.840 | −0.158% | $5K | $7K | 10x | as long as short |
GRVT EWZ_USDT_Perp
SunX EWZ-USDT
HTX EWZ-USDT