Funding arb · Price arb /

EUR

RWAall EUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.010%

Price spread now: Bitget against Extended+0.100%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$340.341% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.100%, 7d avg −0.034%

Together, before fees−0.185%+ Points / potential airdropExtended: Active · farm board−$19 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: Bitget is 0.134% dearer against Extended than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended EUR-USD	1.1459	0.0032	pay 0.0004% / 1h	20m 34s	$6.8M	$1.3M	100x
Short	Bitget EURUSDUSDT	1.1470	0.0036	get 0.0036% / 8h	6h 20m	$263K	$27K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now +0.100%Rate

Funding earned: $0.84
Price spread: +0.100% → −0.034%: $13.4
Slippage, 4 orders: −$17.14
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$19.9
Costs to cover: 0.341%
Break-even: 172.9 days

Slippage from Extended: live order book, 1 min ago; Bitget: live order book, 26 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 Extended live order book, 1 min ago	0.04 bp	7.1 bp −$7	10.1 bp −$101	doesn't fit	doesn't fit
Sell Bitget live order book, 26 min ago	0.44 bp	15.4 bp −$15	21.1 bp −$211	doesn't fit	doesn't fit

EUR on 18 exchanges

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	−0.0164%	4h	1.1460	+0.013%	$6.8M	$142K	100x	as long as short
Kraken Futures PF_EURUSD	−0.0140%	1h	1.1456	−0.025%	$3K	—	50x	as long as short
Nado EURUSD-PERP	−0.0031%	1h	1.1461	+0.018%	$191K	$301K	40x	as long as short
Lighter EURUSD	0.0000%	1h	1.1466	+0.067%	$2.1M	$516K	50x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1477	+0.164%	$641K	$341K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1463	+0.039%	$144K	$3K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1458	−0.004%	$247K	$122K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1464	+0.048%	—	$1.9M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1463	+0.039%	$12K	$276K	20x	as long as short
Extended EUR-USDlong	+0.0032%	1h	1.1459	long leg	$6.8M	$1.3M	100x

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	+0.069%	$9K	$78K	101x	as long as short
Bitget EURUSDUSDTshort	+0.0036%	8h	1.1470	+0.100%	$263K	$27K	100x
Vest EUR-USD-PERP	+0.0046%	1h	1.1489	+0.268%	—	$202K	100x	as long as short
tradeXYZ xyz:EUR	+0.0086%	1h	1.1465	+0.057%	$23.2M	$1.9M	50x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1459	+0.007%	$191K	$60K	50x	as long as short
Hotstuff EURUSD-PERP	+0.0104%	1h	1.1464	+0.048%	$33K	—	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1462	+0.033%	$12K	—	10x	as long as short
Hibachi EUR/USDT-P	+0.0424%	1h	1.1461	+0.019%	$156K	$8.1M	30x	as long as short