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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.066%
Price spread now: Pacifica against HTX−0.032%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 3 days (all we have)+0.040%+$4 · spread now −0.032%, 7d avg +0.005%
Together, before fees+0.249%+ Points / potential airdropPacifica: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.038% cheaper against HTX than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.005%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EURUSD-USDT1.14740get 0.0000% / 1h8m 23s$13K$257K20x
ShortPacifica EURUSD1.14700.0100get 0.0013% / 1h8m 23s$190K$126K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$21
Price spread: −0.032% → +0.005%
−$3.76
Slippage, 4 orders
−$66.39
Fee HTX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$69.14
Costs to cover
0.864%
Break-even
30.0 days
Slippage from HTX: live order book, 63 min ago; Pacifica: live order book, 64 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, 63 min ago5.23 bp27.1 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 64 min ago3.49 bp13.9 bp −$14doesn't fitdoesn'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−0.0166%4h1.1472−0.017%$6.8M$153K100xas long as short
Kraken Futures PF_EURUSD−0.0052%1h1.1470−0.036%$3K50xas long as short
Nado EURUSD-PERP−0.0009%1h1.1472−0.013%$467K$177K40xas long as short
Lighter EURUSD0.0000%1h1.1476+0.021%$2.1M$427K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1471−0.027%$584K$279K100xas long as short
Hotstuff EURUSD-PERP0.0000%1h1.1477+0.026%$33K50xas long as short
Gate EURUSD_USDT0.0000%8h1.14740.000%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.017%$251K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1470−0.035%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1478+0.035%$2.5M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EURUSD-USDTlong0.0000%1h1.1474long leg$13K$257K20x
Extended EUR-USD+0.0032%1h1.1470−0.034%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.031%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1502+0.242%$264K100xas long as short
Hibachi EUR/USDT-P+0.0080%1h1.1470−0.034%$160K$8.3M30xas long as short
Pacifica EURUSDshort+0.0100%1h1.1470−0.032%$190K$126K50x
Aevo EURUSD-PERP+0.0104%1h1.1473−0.008%$12K10xas long as short
tradeXYZ xyz:EUR+0.0111%1h1.1478+0.035%$23.2M$1.9M50xas long as short