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

EUL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0494%/8h= −54.1% APRnext payment $2.47 per $10,000 · paid last 24h −0.069%
Price spread now: Bitget against HTX−0.525%7-day average −0.294% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1541.542% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.150%−$15 on $10k
Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.525%, 7d avg −0.294%
Together, before fees−0.117%−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bitget is 0.231% cheaper against HTX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.294%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EUL-USDT1.42850.0594pay 0.0297% / 4h1h 33m$130K$43K10x
ShortBitget EULUSDT1.42100.0100get 0.0050% / 4h1h 33m$2.2M$259K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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
−$103.78
Price spread: −0.525% → −0.294%
−$23.15
Slippage, 4 orders
−$130.16
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$281.09
Costs to cover
1.542%
Break-even
never at this rate
Slippage from HTX: live order book, 48 min ago; Bitget: live order book, 4 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 HTX live order book, 48 min ago21.76 bp38.0 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.51 bp31.7 bp −$32120.1 bp −$1,201doesn'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
BloFin EUL-USDT+0.0090%4h1.4181−0.728%$302K$7K25xas long as short
Aster EULUSDT+0.0100%4h1.4198−0.612%$36K$9K5xas long as short
Binance EULUSDT+0.0100%4h1.4178−0.751%$3.2M$4.6M25xas long as short
Bybit EULUSDT+0.0100%4h1.4179−0.742%$1.6M$1.4M25xas long as short
Gate EUL_USDT+0.0100%4h1.4194−0.637%$309K$708K25xas long as short
MEXC EUL_USDT+0.0100%4h1.4186−0.693%$505K$128K20xas long as short
Bitget EULUSDTshort+0.0100%4h1.4210−0.525%$2.2M$259K25x
BingX EUL-USDT+0.0100%4h1.4186−0.693%$6.5Mas long as short
Variational Omni EUL+0.0100%4h1.4198−0.606%$12K$1Kas long as short
edgeX EULUSDC+0.0117%4h1.4190−0.664%$25K$263K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EUL-USDTlong+0.0594%4h1.4285long leg$130K$43K10x
KuCoin EULUSDTM+0.0636%4h1.4211−0.518%$309K$58K25xas long as short