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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Extended against HTX−0.055%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.055%, 7d avg −0.021%
Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.034% cheaper against HTX than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.021%). If the spread goes back, that is −$3 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EURUSD-USDT1.14840get 0.0000% / 1h51m 28s$13K$263K20x
ShortExtended EUR-USD1.14780.0032get 0.0004% / 1h51m 28s$6.8M$1.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
$6.72
Price spread: −0.055% → −0.021%
−$3.37
Slippage, 4 orders
−$47.94
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$61.59
Costs to cover
0.649%
Break-even
71.2 days
Slippage from HTX: live order book, 60 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 60 min ago6.97 bp26.0 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.04 bp2.7 bp −$38.3 bp −$83doesn't fitdoesn't fit

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−0.0382%4h1.1479−0.044%$6.8M$132K100xas long as short
Hibachi EUR/USDT-P−0.0232%1h1.1476−0.066%$165K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0132%1h1.1474−0.091%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1488+0.037%$2.1M$412K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1482−0.013%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1480−0.035%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1480−0.035%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1478−0.052%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1482−0.017%$2.4M10xas long as short
HTX EURUSD-USDTlong0.0000%1h1.1484long leg$13K$263K20x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0015%1h1.1481−0.028%$467K$153K40xas long as short
Extended EUR-USDshort+0.0032%1h1.1478−0.055%$6.8M$1.2M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.153%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1510+0.227%$265K100xas long as short
Hotstuff EURUSD-PERP+0.0048%1h1.1482−0.017%$33K50xas long as short
tradeXYZ xyz:EUR+0.0100%1h1.1483−0.009%$23.3M$1.6M50xas long as short
Pacifica EURUSD+0.0100%1h1.1478−0.049%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1485+0.011%$12K10xas long as short