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

EDU

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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 MEXC+0.076%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$880.880% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.097%−$10 · spread now +0.076%, 7d avg +0.009%
Together, before fees−0.097%−$10 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 0.067% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EDU_USDT0.052460.0100pay 0.0100% / 8h1h 50m$3.6M$246K50x
ShortBinance EDUUSDT0.052500.0100get 0.0100% / 8h1h 50m$4.3M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.076% → +0.009%
$6.71
Slippage, 4 orders
−$73.96
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$81.25
Costs to cover
0.880%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: 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 MEXC live order book, 2 min ago2.86 bp17.6 bp −$1856.4 bp −$564143.6 bp −$14.4K414.5 bp −$207.3K
Sell Binance live order book, 1 min ago2.86 bp23.5 bp −$24103.3 bp −$1,033doesn'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%8h0.05249+0.049%$1K$9K5xas long as short
Binance EDUUSDTshort+0.0100%8h0.05250+0.076%$4.3M$1.9M50x
Bybit EDUUSDT+0.0100%8h0.05248+0.038%$522K$253K5xas long as short
Gate EDU_USDT+0.0100%8h0.05236−0.191%$108K$25K50xas long as short
MEXC EDU_USDTlong+0.0100%8h0.05246long leg$3.6M$246K50x
KuCoin EDUUSDTM+0.0100%8h0.05250+0.076%$74K$32K30xas long as short
BingX EDU-USDT+0.0100%8h0.05248+0.038%$2.4Mas long as short
Variational Omni EDU+0.0100%8h0.05236−0.198%$5K$2as long as short