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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0260%/8h= −28.5% APRnext payment $0.33 per $10,000 · paid last 24h −0.020%
Price spread now: Kraken Futures against Extended+0.031%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.031% dearer against Extended than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EUR-USD1.14620.0032pay 0.0004% / 1h40m 49s$6.8M$1.2M100x
ShortKraken Futures PF_EURUSD1.1466−0.0228pay 0.0029% / 1h40m 49s$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$54.63
Price spread: +0.031% → 0.000%
$3.14
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$66.49
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Kraken Futures: 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 Extended live order book, 3 min ago0.09 bp5.6 bp −$68.1 bp −$81doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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
Kraken Futures PF_EURUSDshort−0.0228%1h1.1466+0.031%$3K50x
MEXC EUR_USDT−0.0198%4h1.1469+0.058%$6.8M$134K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1486+0.206%$579K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1478+0.137%$144K$6K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1476+0.120%$261K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1463+0.006%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1474+0.102%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1474+0.102%$12K$266K20xas long as short
Extended EUR-USDlong+0.0032%1h1.1462long leg$6.8M$1.2M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1466+0.036%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1495+0.286%$241K100xas long as short
Pacifica EURUSD+0.0100%1h1.1469+0.058%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1476+0.120%$12K10xas long as short
Nado EURUSD-PERP+0.0107%1h1.1466+0.035%$467K$154K40xas long as short
tradeXYZ xyz:EUR+0.0236%1h1.1474+0.102%$23.2M$1.6M50xas long as short
Hibachi EUR/USDT-P+0.0248%1h1.1466+0.037%$183K$8.3M30xas long as short
Hotstuff EURUSD-PERP+0.0256%1h1.1473+0.093%$33K50xas long as short
Lighter EURUSD+0.0264%1h1.1479+0.142%$2.2M$408K50xas long as short