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

EUL

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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: Gate against Binance+0.212%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.212%, 7d avg +0.128%
Together, before fees−0.049%−$5 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 0.084% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.128%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EULUSDT1.41280.0100pay 0.0050% / 4h1h 34m$3.3M$5.5M25x
ShortGate EUL_USDT1.41580.0100get 0.0050% / 4h1h 34m$317K$721K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.212% → +0.128%
$8.41
Slippage, 4 orders
−$116.89
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$133.48
Costs to cover
1.419%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 7 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, 4 min ago0.35 bp20.5 bp −$20164.3 bp −$1,643doesn't fitdoesn't fit
Sell Gate live order book, 7 min ago6.00 bp54.4 bp −$54doesn't fitdoesn't fitdoesn't fit

EUL on 12 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 EULUSDT+0.0100%4h1.4127−0.007%$36K$7K5xas long as short
Binance EULUSDTlong+0.0100%4h1.4128long leg$3.3M$5.5M25x
Bybit EULUSDT+0.0100%4h1.4137+0.064%$1.6M$1.3M25xas long as short
Gate EUL_USDTshort+0.0100%4h1.4158+0.212%$317K$721K25x
MEXC EUL_USDT+0.0100%4h1.41280.000%$505K$134K20xas long as short
Bitget EULUSDT+0.0100%4h1.4160+0.226%$2.2M$329K25xas long as short
BingX EUL-USDT+0.0100%4h1.4133+0.035%$6.6Mas long as short
Variational Omni EUL+0.0100%4h1.4138+0.071%$12K$1Kas long as short
edgeX EULUSDC+0.0108%4h1.4154+0.187%$17K$273K10xas long as short
BloFin EUL-USDT+0.0147%4h1.4125−0.021%$308K$9K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin EULUSDTM+0.0378%4h1.4165+0.262%$307K$51K25xas long as short
HTX EUL-USDT+0.0474%4h1.4209+0.573%$129K$44K10xas long as short