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: MEXC against Bybit+0.019%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.151% 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 4 days (all we have)−0.075%−$8 · spread now +0.019%, 7d avg +0.032%
Together, before fees−0.094%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EDUUSDT0.051870.0100pay 0.0100% / 8h11m 05s$502K$263K5x
ShortMEXC EDU_USDT0.051880.0100get 0.0100% / 8h11m 05s$3.5M$255K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.019% → +0.032%
−$1.29
Slippage, 4 orders
−$100.06
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$116.34
Costs to cover
1.151%
Break-even
never at this rate
Slippage from Bybit: live order book, 19 min ago; MEXC: live order book, 1 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, 19 min ago6.73 bp42.9 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.96 bp14.9 bp −$1557.1 bp −$571119.5 bp −$12.0K402.1 bp −$201.1K

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%8h0.05188+0.027%$1K$9K5xas long as short
Binance EDUUSDT+0.0100%8h0.05190+0.053%$4.3M$1.9M50xas long as short
Bybit EDUUSDTlong+0.0100%8h0.05187long leg$502K$263K5x
Gate EDU_USDT+0.0100%8h0.05186−0.019%$107K$25K50xas long as short
MEXC EDU_USDTshort+0.0100%8h0.05188+0.019%$3.5M$255K50x
KuCoin EDUUSDTM+0.0100%8h0.05190+0.058%$72K$30K30xas long as short
BingX EDU-USDT+0.0100%8h0.051870.000%$2.4Mas long as short
Variational Omni EDU+0.0100%8h0.05183−0.073%$5K$2as long as short