Funding you earn now, next payment 02:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.019%
Price spread now: Binance against tradeXYZ−0.009%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 2 days (all we have)+0.057%+$6 · spread now −0.009%, 7d avg +0.034%
=Together, before fees−0.055%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.042% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.034%). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWT | 115.99 | 0.0050 | pay 0.0006% / 1h | 12m 51s | $684K | $179K | 20x |
| Short | Binance EWTUSDT | 115.98 | 0.0115 | get 0.0115% / 8h | 6h 12m | $472K | $826K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.65
- Price spread: −0.009% → +0.034%
- −$4.24
- Slippage, 4 orders
- −$52.09
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.68
- Costs to cover
- 0.801%
- Break-even
- 43.3 days
Slippage from tradeXYZ: live order book, 34 min ago; Binance: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 34 min ago | 0.86 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.73 bp | 18.3 bp −$18 | 98.8 bp −$988 | doesn't fit | doesn't fit |
EWT on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EWTUSDT | 0.0000% | 8h | 115.96 | −0.023% | $3K | $76 | 20x | as long as short |
| Bybit EWTUSDT | 0.0000% | 8h | 116.00 | +0.009% | $222K | $139K | 25x | as long as short |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 116.13 | +0.121% | $176K | $163K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 115.97 | −0.017% | $44K | $4K | 25x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 116.02 | +0.026% | $1.3M | $458K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 115.93 | −0.053% | $55K | $12K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 116.00 | +0.009% | $3K | $191K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 115.94 | −0.043% | $928 | $352K | 10x | as long as short |
| HTX EWT-USDT | 0.0000% | 8h | 115.73 | −0.224% | $16K | $8K | 10x | as long as short |
| tradeXYZ xyz:EWTlong | +0.0050% | 1h | 115.99 | long leg | $684K | $179K | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EWTUSDTshort | +0.0115% | 8h | 115.98 | −0.009% | $472K | $826K | 20x | |
| MEXC EWT_USDT | +0.0117% | 8h | 115.99 | 0.000% | $2.4M | $94K | 50x | as long as short |
tradeXYZ xyz:EWT
Binance EWTUSDT
Aster EWTUSDT
Bybit EWTUSDT
OKX EWT-USDT-SWAP
Gate EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_Perp
SunX EWT-USDT
HTX EWT-USDT
MEXC EWT_USDT