Funding arb · Price arb /

EUR

RWAall EUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Bitget−0.009%56s7-day average +0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$750.746% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.009%, 7d avg +0.069%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.078% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.069%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EURUSDUSDT	1.1472	0	get 0.0000% / 8h	5h 54m	$253K	$20K	100x
Short	HTX EURUSD-USDT	1.1471	0	get 0.0000% / 1h	54m 22s	$13K	$256K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee HTXbpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → +0.069%: −$7.77
Slippage, 4 orders: −$50.62
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$82.39
Costs to cover: 0.746%
Break-even: never at this rate

Slippage from Bitget: live order book, 65 min ago; HTX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 65 min ago	1.74 bp	8.0 bp −$8	10.7 bp −$107	doesn't fit	doesn't fit
Sell HTX live order book, 7 min ago	5.23 bp	32.9 bp −$33	doesn't fit	doesn't fit	doesn't fit

EUR on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EUR_USDT	−0.0156%	4h	1.1468	−0.035%	$6.8M	$136K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1474	+0.017%	$582K	$280K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1476	+0.035%	$142K	$4K	100x	as long as short
Bitget EURUSDUSDTlong	0.0000%	8h	1.1472	long leg	$253K	$20K	100x
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1465	−0.061%	$198K	$111K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1475	+0.026%	—	$2.4M	10x	as long as short
HTX EURUSD-USDTshort	0.0000%	1h	1.1471	−0.009%	$13K	$256K	20x
Nado EURUSD-PERP	+0.0022%	1h	1.1468	−0.039%	$466K	$154K	40x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1465	−0.058%	$6.7M	$1.3M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1470	−0.014%	$9K	$78K	101x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EUR-USD-PERP	+0.0046%	1h	1.1497	+0.218%	—	$264K	100x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1467	−0.044%	$190K	$61K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1475	+0.027%	$12K	—	10x	as long as short
Kraken Futures PF_EURUSD	+0.0119%	1h	1.1467	−0.039%	$3K	—	50x	as long as short
tradeXYZ xyz:EUR	+0.0246%	1h	1.1475	+0.026%	$23.3M	$1.8M	50x	as long as short
Hotstuff EURUSD-PERP	+0.0288%	1h	1.1477	+0.044%	$33K	—	50x	as long as short
Hibachi EUR/USDT-P	+0.0288%	1h	1.1467	−0.039%	$170K	$8.2M	30x	as long as short
Lighter EURUSD	+0.0304%	1h	1.1479	+0.060%	$2.1M	$444K	50x	as long as short