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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h −0.033%
Price spread now: Nado against Hotstuff−0.019%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Nado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EURUSD-PERP1.14800.0056pay 0.0007% / 1h17m 38s$33K50x
ShortNado EURUSD-PERP1.1478−0.0008pay 0.0001% / 1h17m 38s$467K$153K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Hotstuff. 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
−$13.46
Price spread: −0.019% → 0.000%
−$1.88
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$21.74
Costs to cover
0.064%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Nado: live order book, 40 min ago. 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 Hotstuff no order-book sample
Sell Nado live order book, 40 min ago1.18 bp2.0 bp −$22.8 bp −$28doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EUR_USDT−0.0136%4h1.1478−0.017%$6.8M$135K100xas long as short
Hibachi EUR/USDT-P−0.0080%1h1.1472−0.071%$169K$8.2M30xas long as short
Kraken Futures PF_EURUSD−0.0062%1h1.1472−0.071%$3K50xas long as short
Nado EURUSD-PERPshort−0.0008%1h1.1478−0.019%$467K$153K40x
Bybit EURUSDUSDT0.0000%8h1.1481+0.011%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1478−0.017%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1477−0.026%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1475−0.044%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.14800.000%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1481+0.009%$13K$263K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EURUSD+0.0016%1h1.1485+0.041%$2.1M$435K50xas long as short
Extended EUR-USD+0.0032%1h1.1475−0.043%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0039%1h1.1466−0.118%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1506+0.230%$264K100xas long as short
Hotstuff EURUSD-PERPlong+0.0056%1h1.1480long leg$33K50x
Pacifica EURUSD+0.0100%1h1.1478−0.017%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1481+0.011%$12K10xas long as short
tradeXYZ xyz:EUR+0.0121%1h1.1481+0.009%$23.3M$1.8M50xas long as short