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

EUL

all EUL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0257%/8h= +28.1% APRnext payment +$1.28 per $10,000 · paid last 24h +0.140%
Price spread now: KuCoin against edgeX+0.010%53s7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$681as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$6996.991% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.010%, 7d avg +0.147%
Together, before fees+0.303%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.138% cheaper against edgeX than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.147%). If the spread goes back, that is −$14 on $10k: about 43 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.183% in total) that is about 5.3 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EULUSDC1.42220.0113pay 0.0057% / 4h2h 06m$17K$272K10x
ShortKuCoin EULUSDTM1.42230.0370get 0.0185% / 4h2h 06m$307K$51K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$53.9
Price spread: +0.010% → +0.147%
−$13.76
Slippage, 4 orders
−$678.06
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$658.92
Costs to cover
6.991%
Break-even
92.6 days
Slippage from edgeX: live order book, 41 min ago; KuCoin: live order book, 51 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 edgeX live order book, 41 min ago5.95 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 51 min ago7.67 bp211.1 bp −$211doesn'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%4h1.4207−0.105%$36K$7K5xas long as short
Binance EULUSDT+0.0100%4h1.4223+0.008%$3.3M$5.4M25xas long as short
Bybit EULUSDT+0.0100%4h1.4231+0.066%$1.6M$1.3M25xas long as short
Gate EUL_USDT+0.0100%4h1.4235+0.094%$319K$731K25xas long as short
MEXC EUL_USDT+0.0100%4h1.4216−0.040%$508K$138K20xas long as short
Bitget EULUSDT+0.0100%4h1.4230+0.059%$2.2M$329K25xas long as short
BingX EUL-USDT+0.0100%4h1.4236+0.101%$6.6Mas long as short
Variational Omni EUL+0.0100%4h1.4236+0.098%$12K$1Kas long as short
BloFin EUL-USDT+0.0110%4h1.4243+0.150%$303K$9K25xas long as short
edgeX EULUSDClong+0.0113%4h1.4222long leg$17K$272K10x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDT+0.0287%4h1.4280+0.410%$130K$44K10xas long as short
KuCoin EULUSDTMshort+0.0370%4h1.4223+0.010%$307K$51K25x