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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.028%
Price spread now: Hibachi against HTX−0.067%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.332%+$33 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.067%, 7d avg −0.054%
Together, before fees+0.376%+ Points / potential airdropHibachi: Active · farm board+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EURUSD-USDT1.14710get 0.0000% / 1h18m 13s$12K$270K20x
ShortHibachi EUR/USDT-P1.14630.0320get 0.0040% / 1h18m 13s$173K$8.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi 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
$67.2
Price spread: −0.067% → −0.054%
−$1.24
Slippage, 4 orders
−$46.86
Fee HTX: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$1.91
Costs to cover
0.679%
Break-even
7.2 days
Slippage from HTX: live order book, 24 min ago; Hibachi: live order book, 1 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, 24 min ago6.54 bp27.3 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Hibachi live order book, 1 min ago0.04 bp4.5 bp −$517.2 bp −$172doesn'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
Kraken Futures PF_EURUSD−0.0228%1h1.1462−0.075%$3K50xas long as short
MEXC EUR_USDT−0.0182%4h1.1465−0.052%$6.8M$135K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1478+0.057%$579K$312K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1479+0.070%$144K$6K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1477+0.052%$263K$26K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1460−0.096%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.14710.000%$2.4M10xas long as short
HTX EURUSD-USDTlong0.0000%1h1.1471long leg$12K$270K20x
Extended EUR-USD+0.0032%1h1.1461−0.088%$6.8M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.040%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1493+0.191%$241K100xas long as short
Nado EURUSD-PERP+0.0083%1h1.1463−0.066%$467K$154K40xas long as short
Pacifica EURUSD+0.0100%1h1.1467−0.035%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1475+0.034%$12K10xas long as short
tradeXYZ xyz:EUR+0.0257%1h1.1470−0.009%$23.2M$1.6M50xas long as short
Hotstuff EURUSD-PERP+0.0272%1h1.1472+0.009%$33K50xas long as short
Hibachi EUR/USDT-Pshort+0.0320%1h1.1463−0.067%$173K$8.3M30x
Lighter EURUSD+0.0352%1h1.1478+0.062%$2.2M$408K50xas long as short