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 +0.015%
Price spread now: BloFin against MEXC+0.273%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$430.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.273%, 7d avg +0.019%
Together, before fees−0.112%−$11 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 0.254% dearer against MEXC than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EGLD_USDT4.39100.0100pay 0.0100% / 8h7h 50m$4.3M$3.4M125x
ShortBloFin EGLD-USDT4.40300.0220get 0.0220% / 8h7h 50m$226K$474K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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: +0.273% → +0.019%
$25.4
Slippage, 4 orders
−$27.27
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$7.34
Costs to cover
0.433%
Break-even
5.0 days
Slippage from MEXC: live order book, 7 min ago; BloFin: live order book, 20 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 MEXC live order book, 7 min ago2.29 bp5.1 bp −$525.3 bp −$25398.7 bp −$9,873154.0 bp −$77.0K
Sell BloFin live order book, 20 min ago1.15 bp26.7 bp −$2744.3 bp −$443155.0 bp −$15.5Kdoesn'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−0.2504%1h4.3999+0.203%$440K$719K20xas long as short
Injective EGLD/USDC PERP+0.0033%1h3.6600−16.648%$16$46K5.5xas long as short
Binance EGLDUSDT+0.0100%8h4.39100.000%$4.8M$27.2M75xas long as short
Bybit EGLDUSDT+0.0100%8h4.3890−0.046%$2.7M$8.9M75xas long as short
OKX EGLD-USDT-SWAP+0.0100%8h4.3890−0.046%$631K$5.3M20xas long as short
Gate EGLD_USDT+0.0100%8h4.4010+0.228%$522K$675K30xas long as short
MEXC EGLD_USDTlong+0.0100%8h4.3910long leg$4.3M$3.4M125x
KuCoin EGLDUSDTM+0.0100%8h4.4050+0.319%$2.7M$1.4M50xas long as short
Bitget EGLDUSDT+0.0100%8h4.3940+0.068%$2.3M$4.3M75xas long as short
BingX EGLD-USDT+0.0100%8h4.3960+0.114%$2.9Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EGLD+0.0100%8h4.3828−0.186%$17K$56Kas long as short
BloFin EGLD-USDTshort+0.0220%8h4.4030+0.273%$226K$474K75x