EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: Pacifica against Extended+0.054%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.378% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.054%, 7d avg +0.026%

Together, before fees+0.141%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.028% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended EUR-USD	1.1472	0.0032	pay 0.0004% / 1h	14m 21s	$6.8M	$1.2M	100x
Short	Pacifica EURUSD	1.1478	0.0100	get 0.0013% / 1h	14m 21s	$191K	$63K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.054%Rate

Funding earned: $14.28
Price spread: +0.054% → +0.026%: $2.78
Slippage, 4 orders: −$24.77
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$20.7
Costs to cover: 0.378%
Break-even: 17.1 days

Slippage from Extended: live order book, 5 min ago; Pacifica: live order book, 34 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, 5 min ago	0.74 bp	3.9 bp −$4	7.0 bp −$70	doesn't fit	doesn't fit
Sell Pacifica live order book, 34 min ago	3.05 bp	14.6 bp −$15	doesn't fit	doesn't fit	doesn't fit

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	−0.0174%	4h	1.1476	+0.036%	$6.8M	$135K	100x	as long as short
Kraken Futures PF_EURUSD	−0.0132%	1h	1.1472	+0.003%	$3K	—	50x	as long as short
Hibachi EUR/USDT-P	−0.0032%	1h	1.1476	+0.036%	$205K	$8.3M	30x	as long as short
Lighter EURUSD	0.0000%	1h	1.1484	+0.109%	$2.2M	$432K	50x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1480	+0.068%	$579K	$312K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1477	+0.045%	$144K	$5K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1477	+0.045%	$261K	$25K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1472	+0.001%	$198K	$73K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1480	+0.071%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1487	+0.132%	$12K	$263K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EUR-USDlong	+0.0032%	1h	1.1472	long leg	$6.8M	$1.2M	100x
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	−0.048%	$9K	$78K	101x	as long as short
Vest EUR-USD-PERP	+0.0046%	1h	1.1504	+0.279%	—	$264K	100x	as long as short
Nado EURUSD-PERP	+0.0053%	1h	1.1475	+0.024%	$467K	$153K	40x	as long as short
Pacifica EURUSDshort	+0.0100%	1h	1.1478	+0.054%	$191K	$63K	50x
Aevo EURUSD-PERP	+0.0104%	1h	1.1482	+0.089%	$12K	—	10x	as long as short
Hotstuff EURUSD-PERP	+0.0120%	1h	1.1481	+0.080%	$33K	—	50x	as long as short
tradeXYZ xyz:EUR	+0.0130%	1h	1.1481	+0.080%	$23.3M	$1.6M	50x	as long as short