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

EDU

all EDU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.072%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days+0.129%+$13 · spread now −0.072%, 7d avg −0.001%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.071% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDUUSDT0.050640.0100pay 0.0100% / 8h2h 12m$4.2M$1.8M50x
ShortBingX EDU-USDT0.050600.0100get 0.0100% / 8h2h 12m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$0
Price spread: −0.072% → −0.001%
−$7.05
Slippage, 4 orders
−$110.95
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$138
Costs to cover
1.310%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 6 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 Binance live order book, 10 min ago0.99 bp26.9 bp −$27136.7 bp −$1,367doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago7.88 bp36.3 bp −$3694.7 bp −$947496.0 bp −$49.6K569.9 bp −$285.0K

EDU on 8 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
Aster EDUUSDT+0.0100%8h0.05059−0.095%$2K$8K5xas long as short
Binance EDUUSDTlong+0.0100%8h0.05064long leg$4.2M$1.8M50x
Bybit EDUUSDT+0.0100%8h0.05061−0.052%$527K$233K5xas long as short
Gate EDU_USDT+0.0100%8h0.05061−0.052%$102K$17K50xas long as short
MEXC EDU_USDT+0.0100%8h0.05066+0.047%$3.5M$254K50xas long as short
KuCoin EDUUSDTM+0.0100%8h0.05077+0.264%$67K$28K30xas long as short
BingX EDU-USDTshort+0.0100%8h0.05060−0.072%$2.3M
Variational Omni EDU+0.0100%8h0.05072+0.171%$5K$27as long as short