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: SunX against Bitget+0.026%7-day average +0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$215as in the Funding arb table

Net, price: spread back to 7d avg − costs−$223as in the Price arb table

costs, in and out, $10k−$2152.146% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.026%, 7d avg +0.111%

Together, before fees+0.026%+$3 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: SunX is 0.084% 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 +0.111%.

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 13m	$253K	$21K	100x
Short	SunX EURUSD-USDT	1.1475	0	get 0.0000% / 1h	13m 07s	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.026%Rate

Funding earned: $0
Price spread: +0.026% → +0.111%: −$8.45
Slippage, 4 orders: −$194.64
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$223.09
Costs to cover: 2.146%
Break-even: never at this rate

Slippage from Bitget: live order book, 42 min ago; SunX: live order book, 4 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, 42 min ago	1.74 bp	8.1 bp −$8	9.4 bp −$94	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	81.04 bp	99.9 bp −$100	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	−0.0178%	4h	1.1473	+0.009%	$6.8M	$138K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1473	+0.005%	$584K	$281K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1473	+0.009%	$144K	$5K	100x	as long as short
Bitget EURUSDUSDTlong	0.0000%	8h	1.1472	long leg	$253K	$21K	100x
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1470	−0.017%	$198K	$111K	50x	as long as short
SunX EURUSD-USDTshort	0.0000%	1h	1.1475	+0.026%	—	$2.4M	10x
HTX EURUSD-USDT	0.0000%	1h	1.1476	+0.035%	$13K	$260K	20x	as long as short
Nado EURUSD-PERP	+0.0002%	1h	1.1473	+0.009%	$467K	$153K	40x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1470	−0.018%	$6.7M	$1.2M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	−0.049%	$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	1.1502	+0.260%	—	$264K	100x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1472	0.000%	$190K	$61K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1477	+0.047%	$12K	—	10x	as long as short
Kraken Futures PF_EURUSD	+0.0119%	1h	1.1467	−0.039%	$3K	—	50x	as long as short
Hibachi EUR/USDT-P	+0.0128%	1h	1.1470	−0.019%	$159K	$8.2M	30x	as long as short
Lighter EURUSD	+0.0168%	1h	1.1482	+0.085%	$2.1M	$444K	50x	as long as short
Hotstuff EURUSD-PERP	+0.0176%	1h	1.1477	+0.044%	$33K	—	50x	as long as short
tradeXYZ xyz:EUR	+0.0195%	1h	1.1476	+0.035%	$23.3M	$1.8M	50x	as long as short