Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

EUR

RWAAll EUR markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AvantisEUR/USD
1.1324L +0.0070S +0.0030pay 0.0009% / 1h43m 57s$5.3M—500xLong Avantis
SHORT
BybitEURUSDUSDT
1.133100.0000% / 8h1h 43m$551K$222K100xShort Bybit
Price gap+0.064%
Funding gap−0.0070% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.060% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$14−0.0070% /8h now · paid −0.140% over the last 7D
Price−$6spread +0.064% now, avg +0.125% → −0.060% if it goes back
Costsno datano order book for Avantis
Result, before costs−$20−0.20%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.064%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

EUR on 18 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$20 + $100
    Avantis 500x, Bybit 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$2.10Long Avantis: 24 payments, −$2.10; short Bybit: 3 payments, $0.00.
  • Watch: Gap narrower than usual+0.064% vs +0.125%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$551K vs $5.3M OI
    Bybit sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • Watch: KYCAvantis No · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0067%/8h × 21 periods−$14.04
Price spread+0.064% → +0.125% (7d avg)−$6.01
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$4.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$35.05
Costs to cover0.150%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Bybit: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAvantis—————
SELL · SHORTBybit0.0913.9 bp−$1444.7 bp−$447doesn’t fitdoesn’t fit

Closing costs about the same again.
Avantis: no data.

Alert

EUR news

posts that mention EUR or Euro, from every exchangeSearch all news →
09-30 18:40HotstuffListingEURUSD-PERP no longer reported ($EUR) seen by our collector
09-21 10:50KalshiOtherJUST IN: ECB officially unveils digital euro payments for tokenized transactions between banks @Kalshi on X ↗
09-17 23:20AevoListingForex just joined the Aevo portfolio. EURUSD, USDJPY, and USDKRW forex perps are now live with up to 10x leverage. Long or short all three using the same account and collateral pool as the rest of your Aevo positions. @aevoxyz on X ↗