Funding you earn now, next payment 10:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.043%
Price spread now: tradeXYZ against Extended+0.035%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.344% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days+0.035%+$4 · spread now +0.035%, 7d avg +0.068%
=Together, before fees+0.089%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.033% cheaper against Extended than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.068%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.054% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended EUR-USD | 1.1462 | 0.0032 | pay 0.0004% / 1h | 9m 09s | $6.8M | $1.3M | 100x |
| Short | tradeXYZ xyz:EUR | 1.1466 | 0.0083 | get 0.0010% / 1h | 9m 09s | $23.2M | $2.0M | 50x |
Extended EUR-USD
tradeXYZ xyz:EURFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.79
- Price spread: +0.035% → +0.068%
- −$3.27
- Slippage, 4 orders
- −$11.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$26.88
- Costs to cover
- 0.344%
- Break-even
- 24.4 days
Slippage from Extended: live order book, 3 min ago; tradeXYZ: live order book, 3 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, 3 min ago | 0.04 bp | 9.2 bp −$9 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.44 bp | 9.4 bp −$9 | 10.6 bp −$106 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0140% | 1h | 1.1459 | −0.026% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0126% | 4h | 1.1463 | +0.009% | $6.8M | $143K | 100x | as long as short |
| Nado EURUSD-PERP | −0.0033% | 1h | 1.1467 | +0.041% | $191K | $301K | 40x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1470 | +0.072% | $2.1M | $520K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1479 | +0.150% | $624K | $349K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1465 | +0.026% | $144K | $3K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1462 | 0.000% | $247K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1467 | +0.044% | — | $1.7M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1469 | +0.061% | $12K | $277K | 20x | as long as short |
| Bitget EURUSDUSDT | +0.0018% | 8h | 1.1470 | +0.070% | $263K | $27K | 100x | as long as short |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Nado EURUSD-PERP
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Bitget EURUSDUSDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EUR-USDlong | +0.0032% | 1h | 1.1462 | long leg | $6.8M | $1.3M | 100x | |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | +0.038% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1494 | +0.283% | — | $202K | 100x | as long as short |
| tradeXYZ xyz:EURshort | +0.0083% | 1h | 1.1466 | +0.035% | $23.2M | $2.0M | 50x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1462 | +0.003% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1467 | +0.041% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0128% | 1h | 1.1468 | +0.052% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0416% | 1h | 1.1465 | +0.024% | $156K | $8.1M | 30x | as long as short |
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
Hibachi EUR/USDT-P