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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.012%
Price spread now: Hibachi against Aevo−0.071%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.071% cheaper against Aevo than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo EURUSD-PERP1.14780.0104pay 0.0013% / 1h25m 59s$12K10x
ShortHibachi EUR/USDT-P1.14690.0200get 0.0025% / 1h25m 59s$160K$8.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Aevo. 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
$20.16
Price spread: −0.071% → 0.000%
−$7.14
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$11.98
Costs to cover
0.250%
Break-even
11.2 days
Slippage unknown: Aevo: no order-book sample; Hibachi: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Hibachi live order book, 3 min ago0.04 bp4.6 bp −$515.6 bp −$156doesn't fitdoesn't fit
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EUR on 18 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
MEXC EUR_USDT−0.0146%4h1.1474−0.030%$6.8M$137K100xas long as short
Nado EURUSD-PERP−0.0003%1h1.1473−0.037%$467K$154K40xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473−0.043%$584K$281K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1473−0.039%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.048%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1470−0.065%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1476−0.013%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1478+0.004%$13K$259K20xas long as short
Extended EUR-USD+0.0032%1h1.1470−0.066%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.097%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1502+0.214%$264K100xas long as short
Pacifica EURUSD+0.0100%1h1.1472−0.048%$190K$61K50xas long as short
Aevo EURUSD-PERPlong+0.0104%1h1.1478long leg$12K10x
Kraken Futures PF_EURUSD+0.0119%1h1.1467−0.088%$3K50xas long as short
Hotstuff EURUSD-PERP+0.0200%1h1.1477−0.004%$33K50xas long as short
Hibachi EUR/USDT-Pshort+0.0200%1h1.1469−0.071%$160K$8.2M30x
Lighter EURUSD+0.0208%1h1.1482+0.037%$2.1M$444K50xas long as short
tradeXYZ xyz:EUR+0.0219%1h1.1476−0.013%$23.3M$1.8M50xas long as short