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

EDU

all EDU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.037%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1181.178% 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−0.014%−$1 · spread now −0.037%, 7d avg +0.010%
Together, before fees−0.033%−$3 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: Binance is 0.047% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EDU-USDT0.052270.0100pay 0.0100% / 8h38m 57s$2.4M
ShortBinance EDUUSDT0.052250.0100get 0.0100% / 8h38m 57s$4.3M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.037% → +0.010%
−$4.7
Slippage, 4 orders
−$97.84
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$122.54
Costs to cover
1.178%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 13 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 BingX live order book, 10 min ago5.73 bp28.4 bp −$2880.3 bp −$803472.3 bp −$47.2K528.0 bp −$264.0K
Sell Binance live order book, 13 min ago0.96 bp30.7 bp −$31128.7 bp −$1,287doesn't fitdoesn't fit

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%8h0.05227+0.008%$1K$9K5xas long as short
Binance EDUUSDTshort+0.0100%8h0.05225−0.037%$4.3M$1.9M50x
Bybit EDUUSDT+0.0100%8h0.05229+0.038%$507K$278K5xas long as short
Gate EDU_USDT+0.0100%8h0.05221−0.115%$108K$25K50xas long as short
MEXC EDU_USDT+0.0100%8h0.05224−0.057%$3.6M$248K50xas long as short
KuCoin EDUUSDTM+0.0100%8h0.05233+0.115%$73K$30K30xas long as short
BingX EDU-USDTlong+0.0100%8h0.05227long leg$2.4M
Variational Omni EDU+0.0100%8h0.05235+0.162%$5K$2as long as short