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 +0.010%
Price spread now: Gate against Bybit−0.174%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1821.821% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.174%, 7d avg −0.132%
Together, before fees+0.007%+$1 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: Gate is 0.043% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EDUUSDT0.051620.0100pay 0.0100% / 8h3h 49m$513K$245K5x
ShortGate EDU_USDT0.051530.0100get 0.0100% / 8h3h 49m$107K$22K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: −0.174% → −0.132%
−$4.27
Slippage, 4 orders
−$156.1
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$186.37
Costs to cover
1.821%
Break-even
never at this rate
Slippage from Bybit: live order book, 61 min ago; Gate: live order book, 61 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 Bybit live order book, 61 min ago4.87 bp40.9 bp −$41221.6 bp −$2,216doesn't fitdoesn't fit
Sell Gate live order book, 61 min ago4.88 bp43.8 bp −$44doesn't fitdoesn'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%8h0.05168+0.123%$1K$9K5xas long as short
Binance EDUUSDT+0.0100%8h0.05158−0.072%$4.3M$1.9M50xas long as short
Bybit EDUUSDTlong+0.0100%8h0.05162long leg$513K$245K5x
Gate EDU_USDTshort+0.0100%8h0.05153−0.174%$107K$22K50x
MEXC EDU_USDT+0.0100%8h0.05154−0.155%$3.5M$246K50xas long as short
BingX EDU-USDT+0.0100%8h0.05160−0.039%$2.3Mas long as short
Variational Omni EDU+0.0100%8h0.05161−0.027%$5K$27as long as short
KuCoin EDUUSDTM+0.0380%8h0.05175+0.252%$78K$30K30xas long as short