Settings8H · net · $10k
Funding arb · Price arb /

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.003%
Price spread now: Vest against Bybit+0.151%47s7-day average +0.242% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.254%+$25 on $10k
Price spread, last 3 days (all we have)+0.126%+$13 · spread now +0.151%, 7d avg +0.242%
Together, before fees+0.380%+ Points / potential airdropVest: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.091% cheaper against Bybit than usual: you would sell low and buy high (spread +0.151% now, against its 7-day average of +0.242%). If the spread goes back, that is −$9 on $10k: about 6.7 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.254% in total) that is about 27 hours. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EURUSDUSDT1.14790get 0.0000% / 8h44m 52s$584K$366K100x
ShortVest EUR-USD-PERP1.14960.0046get 0.0006% / 1h44m 52s$287K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$9.59
Price spread: +0.151% → +0.242%
−$9.13
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Vest: 1 bp × 2 orders
−$2
Net
−$12.53
Costs to cover
0.130%
Break-even
16.1 days
Slippage unknown: Bybit: live order book, 25 min ago; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 25 min ago4.27 bp22.5 bp −$2251.6 bp −$516doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EUR_USDT−0.0140%4h1.1466−0.112%$6.8M$151K100xas long as short
Kraken Futures PF_EURUSD−0.0095%1h1.1463−0.138%$3K50xas long as short
Nado EURUSD-PERP−0.0009%1h1.1467−0.107%$466K$272K40xas long as short
Lighter EURUSD0.0000%1h1.1476−0.030%$2.1M$534K50xas long as short
Bybit EURUSDUSDTlong0.0000%8h1.1479long leg$584K$366K100x
Gate EURUSD_USDT0.0000%8h1.1477−0.017%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471−0.069%$250K$35K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1464−0.130%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1471−0.069%$2.6M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1473−0.051%$13K$255K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1464−0.127%$6.7M$1.8M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.074%$9K$78K101xas long as short
Vest EUR-USD-PERPshort+0.0046%1h1.1496+0.151%$287K100x
Hotstuff EURUSD-PERP+0.0064%1h1.1473−0.051%$33K50xas long as short
Pacifica EURUSD+0.0100%1h1.1465−0.118%$190K$188K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1474−0.039%$12K10xas long as short
Hibachi EUR/USDT-P+0.0160%1h1.1467−0.108%$167K$8.3M30xas long as short
tradeXYZ xyz:EUR+0.0163%1h1.1471−0.069%$23.2M$2.4M50xas long as short