TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.1159L +0.0069S +0.0030pay 0.0009% / 1h5m 41s$3.6M—500xLong Avantis
SHORT1.1118+0.0032get 0.0004% / 1h5m 41s$6.1M$4.8M100xShort Extended10% off
Price gap−0.372%
Funding gap−0.0037% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.364% 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$0−0.0037% /8h now · paid +0.001% over the last 7D
Price−$36spread −0.372% now, avg −0.008% → −0.364% if it goes back
Costsno datano order book for Avantis
Result, before costs−$36−0.36%+ Points / potential airdropAvantis: Season 3 · Extended: points · 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−0.372%
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 19 exchanges

lowest funding first

Before you open

3 ok · 1 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, Extended 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$1.11Long Avantis: 24 payments, −$2.07; short Extended: 24 payments, +$0.96.
  • Watch: Gap narrower than usual−0.372% vs −0.008%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Long leg is thinner$3.6M vs $6.1M OI
    Both legs are deep; Avantis is the smaller one.
  • OK: Points on a legAvantis Season 3 · Extended points
    Volume here counts toward the points program.
  • OK: No KYC on either legAvantis No · Extended No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0001%/8h × 21 periods+$0.15
Price spread−0.372% → −0.008% (7d avg)−$36.43
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$4.00
Fee Extended bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$45.28
Costs to cover0.090%Break-even2131.8 days
Slippage: Avantis: no order-book sample; Extended: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAvantis—————
SELL · SHORTExtended3.0624.2 bp−$2429.0 bp−$290doesn’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 →
10-27 15:30OKXOtherTrade, fund, and manage your portfolio in Euros. Our unified EUR order book marks the next phase of our journey in Europe, with more capable products built around how European traders move. Trade EUR pairs now. @okx on X ↗
10-23 12:59AvantisOtherMore unique assets 🤝 increased liquidity. This is why we're accommodating the largest commodities and FX trades onchain. 10-15M single clip trades on $XAU, $EURUSD, and more are happening daily. Trade the untradeable 😤 @verantaxyz on X ↗
10-21 13:43OKXOtherWe’re setting a new standard for euro-denominated crypto trading with EURC. By integrating EURC by @circle into our unified EUR order book, EEA traders can access fiat and stablecoin liquidity through one market, another key step toward building Europe's leading financial app. Read the announcement: @okx on X ↗
10-20 18:05AvantisOtherThe euro has experienced weakness, hitting a 17-month low against the dollar on hawkish Fed talk and a weekend of French protests. This trader is betting on a short term reversal 📈 @verantaxyz on X ↗
10-20 18:05AvantisOtherThe largest single onchain FX trade was just executed on Veranta: a $19M $EURUSD long with 190x leverage. 💪 This trader paid zero trading fees and only ~1bp spread to open the trade. We're increasingly seeing FX and commodities traders choose Veranta as the best onchain venue to trade in size. @verantaxyz on X ↗
10-19 23:45HibachiContestWeek 23 of The Playoffs is complete. Points - 77.5M in circulation (+1.29% WoW) - Weekly distribution is back to 1 million points/week - EUR/USD and BTC/USD earn up to a 1.5x points boost Hibachi Open Recap - $435M eligible volume generated over 12 days - $300M milestone reached, $6,000 cash prize pool unlocked - Final leaderboard in comment below Points will be granted on October 26 and cash rewards will be deposited into your account over the next 48 hours. Product - Working towards fresh smart contract audits for upcoming spot deployment - Improving stability and scalability over key systems for faster and more performant trading - FLP at 14.8% APR + points, deposits are open It’s HEATing up. @hibachi_xyz on X ↗