Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.022%
Price spread now: Extended against Hotstuff−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.044% cheaper against Hotstuff than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff EURUSD-PERP | 1.1480 | 0.0048 | pay 0.0006% / 1h | 22m 50s | $33K | — | 50x |
| Short | Extended EUR-USD | 1.1475 | 0.0032 | get 0.0004% / 1h | 22m 50s | $6.7M | $1.2M | 100x |
Hotstuff EURUSD-PERP
Extended EUR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hotstuff. 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
- −$3.36
- Price spread: −0.044% → 0.000%
- −$4.4
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$17.76
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 1 min ago. Net counts fees only.
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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 1 min ago | 0.04 bp | 3.1 bp −$3 | 7.6 bp −$76 | doesn't fit | doesn't fit |
Hotstuff: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0130% | 4h | 1.1478 | −0.017% | $6.8M | $134K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0062% | 1h | 1.1472 | −0.071% | $3K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | −0.0056% | 1h | 1.1472 | −0.071% | $168K | $8.2M | 30x | as long as short |
| Nado EURUSD-PERP | −0.0008% | 1h | 1.1478 | −0.018% | $467K | $153K | 40x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1481 | +0.010% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1478 | −0.017% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1477 | −0.026% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1475 | −0.044% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1480 | 0.000% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1476 | −0.035% | $13K | $262K | 20x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Hibachi EUR/USDT-P
Nado EURUSD-PERP
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter EURUSD | +0.0024% | 1h | 1.1485 | +0.041% | $2.1M | $435K | 50x | as long as short |
| Extended EUR-USDshort | +0.0032% | 1h | 1.1475 | −0.044% | $6.7M | $1.2M | 100x | |
| Injective EURUSD/USDC PERP | +0.0039% | 1h | 1.1466 | −0.118% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1507 | +0.233% | — | $264K | 100x | as long as short |
| Hotstuff EURUSD-PERPlong | +0.0048% | 1h | 1.1480 | long leg | $33K | — | 50x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1478 | −0.017% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1481 | +0.012% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0123% | 1h | 1.1480 | 0.000% | $23.3M | $1.8M | 50x | as long as short |
Lighter EURUSD
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR