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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.031%
Price spread now: HTX against Aevo−0.040%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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.040% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo EURUSD-PERP1.14770.0104pay 0.0013% / 1h16m 27s$12K10x
ShortHTX EURUSD-USDT1.14720get 0.0000% / 1h16m 27s$12K$257K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$21.84
Price spread: −0.040% → 0.000%
−$3.98
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee HTX: 6 bp × 2 orders
−$12
Net
−$53.82
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; HTX: live order book, 50 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 HTX live order book, 50 min ago6.54 bp32.4 bp −$32doesn't fitdoesn'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
Kraken Futures PF_EURUSD−0.0211%1h1.1468−0.076%$3K50xas long as short
MEXC EUR_USDT−0.0170%4h1.1468−0.075%$6.8M$141K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473−0.028%$582K$280K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476−0.005%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471−0.049%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1466−0.092%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1476−0.005%$2.5M10xas long as short
HTX EURUSD-USDTshort0.0000%1h1.1472−0.040%$12K$257K20x
Extended EUR-USD+0.0032%1h1.1465−0.098%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.054%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0045%1h1.1468−0.071%$466K$155K40xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1498+0.183%$264K100xas long as short
Pacifica EURUSD+0.0100%1h1.1469−0.066%$190K$61K50xas long as short
Aevo EURUSD-PERPlong+0.0104%1h1.1477long leg$12K10x
Lighter EURUSD+0.0144%1h1.1480+0.028%$2.1M$441K50xas long as short
Hibachi EUR/USDT-P+0.0168%1h1.1469−0.065%$171K$8.3M30xas long as short
Hotstuff EURUSD-PERP+0.0240%1h1.1477+0.004%$33K50xas long as short
tradeXYZ xyz:EUR+0.0250%1h1.1477+0.004%$23.3M$1.8M50xas long as short