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

EGLD

all EGLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against KuCoin+0.069%65s7-day average −0.207% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1791.794% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.357%+$36 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.069%, 7d avg −0.207%
Together, before fees+0.433%+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.277% dearer against KuCoin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.207%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EGLDUSDTM4.34500.0100pay 0.0100% / 8h3h 16m$2.8M$1.2M50x
ShortBloFin EGLD-USDT4.34800.0220get 0.0220% / 8h3h 16m$223K$556K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$25.2
Price spread: +0.069% → −0.207%
$27.65
Slippage, 4 orders
−$155.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$126.54
Costs to cover
1.794%
Break-even
42.2 days
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 15 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 KuCoin live order book, 6 min ago8.06 bp70.0 bp −$70614.6 bp −$6,146doesn't fitdoesn't fit
Sell BloFin live order book, 15 min ago2.29 bp25.0 bp −$2544.9 bp −$449145.8 bp −$14.6Kdoesn't fit

EGLD 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
Kraken Futures PF_EGLDUSD−0.0603%1h4.3496+0.106%$433K$677K20xas long as short
Injective EGLD/USDC PERP+0.0033%1h3.6600−15.765%$16$46K5.5xas long as short
Binance EGLDUSDT+0.0100%8h4.3430−0.046%$4.7M$25.3M75xas long as short
Bybit EGLDUSDT+0.0100%8h4.3440−0.023%$2.6M$8.1M75xas long as short
Gate EGLD_USDT+0.0100%8h4.3440−0.023%$450K$661K30xas long as short
MEXC EGLD_USDT+0.0100%8h4.3430−0.046%$3.9M$3.3M125xas long as short
KuCoin EGLDUSDTMlong+0.0100%8h4.3450long leg$2.8M$1.2M50x
Bitget EGLDUSDT+0.0100%8h4.3490+0.092%$2.2M$4.0M75xas long as short
Variational Omni EGLD+0.0100%8h4.3357−0.213%$16K$55Kas long as short
BloFin EGLD-USDTshort+0.0220%8h4.3480+0.069%$223K$556K75x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX EGLD-USDT+0.0280%8h4.3440−0.023%$2.8Mas long as short
OKX EGLD-USDT-SWAP+0.0311%8h4.3440−0.023%$610K$4.6M20xas long as short