Funding arb · Price arb /

EUR

RWAall EUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Bybit+0.011%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit EURUSDUSDT	1.1474	0	get 0.0000% / 8h	5h 56m	$582K	$280K	100x
Short	Aevo EURUSD-PERP	1.1475	0.0104	get 0.0013% / 1h	56m 37s	$12K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now +0.011%Rate

Funding earned: $21.84
Price spread: +0.011% → 0.000%: $1.14
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$4.02
Costs to cover: 0.270%
Break-even: 8.3 days

Slippage unknown: Bybit: live order book, 64 min ago; Aevo: no order-book sample. Net counts fees only.

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 Bybit live order book, 64 min ago	6.58 bp	23.3 bp −$23	48.2 bp −$482	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EUR_USDT	−0.0148%	4h	1.1467	−0.060%	$6.8M	$135K	100x	as long as short
Bybit EURUSDUSDTlong	0.0000%	8h	1.1474	long leg	$582K	$280K	100x
Gate EURUSD_USDT	0.0000%	8h	1.1476	+0.018%	$142K	$4K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1472	−0.017%	$253K	$20K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1464	−0.086%	$198K	$111K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1474	+0.001%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1474	+0.001%	$12K	$256K	20x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1465	−0.080%	$6.7M	$1.3M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1470	−0.031%	$9K	$78K	101x	as long as short
Nado EURUSD-PERP	+0.0041%	1h	1.1466	−0.066%	$466K	$154K	40x	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	1.1496	+0.190%	—	$264K	100x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1467	−0.060%	$190K	$61K	50x	as long as short
Aevo EURUSD-PERPshort	+0.0104%	1h	1.1475	+0.011%	$12K	—	10x
Kraken Futures PF_EURUSD	+0.0119%	1h	1.1466	−0.068%	$3K	—	50x	as long as short
tradeXYZ xyz:EUR	+0.0249%	1h	1.1474	+0.001%	$23.3M	$1.8M	50x	as long as short
Hibachi EUR/USDT-P	+0.0280%	1h	1.1467	−0.056%	$174K	$8.2M	30x	as long as short
Lighter EURUSD	+0.0304%	1h	1.1479	+0.044%	$2.1M	$444K	50x	as long as short
Hotstuff EURUSD-PERP	+0.0304%	1h	1.1477	+0.027%	$33K	—	50x	as long as short