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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Nado against HTX−0.034%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$620.623% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.030%−$3 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.034%, 7d avg −0.060%
Together, before fees−0.012%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.025% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EURUSD-USDT1.14830get 0.0000% / 1h48m 31s$12K$263K20x
ShortNado EURUSD-PERP1.14790.0026get 0.0003% / 1h48m 31s$467K$153K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$5.4
Price spread: −0.034% → −0.060%
$2.53
Slippage, 4 orders
−$48.93
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$54.4
Costs to cover
0.623%
Break-even
77.5 days
Slippage from HTX: live order book, 3 min ago; Nado: live order book, 4 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, 3 min ago6.97 bp26.0 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 4 min ago1.22 bp2.0 bp −$22.7 bp −$27doesn'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−0.0179%1h1.1473−0.088%$3K50xas long as short
Hibachi EUR/USDT-P−0.0168%1h1.1472−0.097%$165K$8.3M30xas long as short
MEXC EUR_USDT−0.0162%4h1.1478−0.044%$6.8M$132K100xas long as short
Lighter EURUSD0.0000%1h1.1486+0.023%$2.1M$412K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1480−0.023%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1479−0.035%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1477−0.052%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1473−0.087%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1481−0.017%$2.4M10xas long as short
HTX EURUSD-USDTlong0.0000%1h1.1483long leg$12K$263K20x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERPshort+0.0026%1h1.1479−0.034%$467K$153K40x
Extended EUR-USD+0.0032%1h1.1476−0.061%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.145%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1507+0.211%$265K100xas long as short
Pacifica EURUSD+0.0100%1h1.1480−0.026%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1481−0.021%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0160%1h1.1480−0.026%$33K50xas long as short
tradeXYZ xyz:EUR+0.0201%1h1.1482−0.009%$23.3M$1.8M50xas long as short