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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0066%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Vest against Hotstuff+0.194%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 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 · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.194% dearer against Hotstuff than usual: you sell high and buy low (spread +0.194% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EURUSD-PERP1.14730.0112pay 0.0014% / 1h18m 25s$33K50x
ShortVest EUR-USD-PERP1.14950.0046get 0.0006% / 1h18m 25s$287K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$13.93
Price spread: +0.194% → 0.000%
$19.39
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$1.53
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Vest: 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 Hotstuff no order-book sample
Sell Vest no order-book sample
Hotstuff and Vest: 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−0.0132%4h1.1466−0.061%$6.8M$153K100xas long as short
Kraken Futures PF_EURUSD−0.0095%1h1.1463−0.084%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1471−0.013%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1477+0.035%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.009%$250K$26K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1464−0.078%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1471−0.017%$2.6M10xas long as short
HTX EURUSD-USDT0.0000%1h1.14730.000%$12K$258K20xas long as short
Nado EURUSD-PERP+0.0009%1h1.1466−0.064%$466K$265K40xas long as short
Lighter EURUSD+0.0016%1h1.1476+0.023%$2.1M$534K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1464−0.082%$6.7M$1.8M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.023%$9K$78K101xas long as short
Vest EUR-USD-PERPshort+0.0046%1h1.1495+0.194%$287K100x
Pacifica EURUSD+0.0100%1h1.1464−0.077%$190K$146K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1475+0.014%$12K10xas long as short
Hotstuff EURUSD-PERPlong+0.0112%1h1.1473long leg$33K50x
tradeXYZ xyz:EUR+0.0187%1h1.1471−0.017%$23.2M$2.4M50xas long as short
Hibachi EUR/USDT-P+0.0200%1h1.1467−0.054%$170K$8.4M30xas long as short