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−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h +0.009%
Price spread now: HTX against Extended+0.084%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$700.701% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.084%, 7d avg +0.019%
Together, before fees−0.093%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.065% dearer against Extended than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.019%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EUR-USD1.14640.0032pay 0.0004% / 1h41m 02s$6.7M$1.8M100x
ShortHTX EURUSD-USDT1.14740get 0.0000% / 1h41m 02s$13K$255K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
−$6.72
Price spread: +0.084% → +0.019%
$6.54
Slippage, 4 orders
−$53.12
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$70.29
Costs to cover
0.701%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; HTX: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.44 bp5.5 bp −$68.4 bp −$84doesn't fitdoesn't fit
Sell HTX live order book, 36 min ago5.23 bp31.9 bp −$32doesn't fitdoesn't fitdoesn't fit

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−0.0134%4h1.1466+0.014%$6.8M$152K100xas long as short
Kraken Futures PF_EURUSD−0.0095%1h1.1463−0.009%$3K50xas long as short
Nado EURUSD-PERP−0.0005%1h1.1466+0.018%$466K$269K40xas long as short
Lighter EURUSD0.0000%1h1.1476+0.097%$2.1M$534K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1477+0.114%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1477+0.110%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471+0.058%$250K$29K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1464−0.003%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1472+0.067%$2.6M10xas long as short
HTX EURUSD-USDTshort0.0000%1h1.1474+0.084%$13K$255K20x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USDlong+0.0032%1h1.1464long leg$6.7M$1.8M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1470+0.053%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1496+0.275%$287K100xas long as short
Hotstuff EURUSD-PERP+0.0080%1h1.1472+0.067%$33K50xas long as short
Pacifica EURUSD+0.0100%1h1.14640.000%$190K$188K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1474+0.088%$12K10xas long as short
Hibachi EUR/USDT-P+0.0160%1h1.1466+0.018%$167K$8.3M30xas long as short
tradeXYZ xyz:EUR+0.0171%1h1.1472+0.067%$23.2M$2.4M50xas long as short