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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h +0.053%
Price spread now: tradeXYZ against HTX+0.035%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$760.756% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.111%+$11 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.035%, 7d avg +0.048%
Together, before fees+0.076%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EURUSD-USDT1.14580get 0.0000% / 1h56m 56s$12K$274K20x
ShorttradeXYZ xyz:EUR1.14620.0076get 0.0009% / 1h56m 56s$23.1M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$15.86
Price spread: +0.035% → +0.048%
−$1.35
Slippage, 4 orders
−$45.56
Fee HTX: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$61.05
Costs to cover
0.756%
Break-even
34.0 days
Slippage from HTX: live order book, 35 min ago; tradeXYZ: 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, 35 min ago5.24 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 2 min ago0.87 bp10.7 bp −$1112.8 bp −$128doesn'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−0.0140%4h1.1457−0.009%$6.8M$140K100xas long as short
Kraken Futures PF_EURUSD−0.0140%1h1.1451−0.058%$3K50xas long as short
Nado EURUSD-PERP−0.0003%1h1.1458−0.001%$191K$301K40xas long as short
Lighter EURUSD0.0000%1h1.1462+0.039%$2.1M$512K50xas long as short
Gate EURUSD_USDT0.0000%8h1.1463+0.044%$144K$3K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1455−0.026%$246K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1461+0.026%$2.1M10xas long as short
HTX EURUSD-USDTlong0.0000%1h1.1458long leg$12K$274K20x
Extended EUR-USD+0.0032%1h1.1454−0.033%$6.8M$1.4M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466+0.073%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1487+0.250%$225K100xas long as short
Hotstuff EURUSD-PERP+0.0056%1h1.1460+0.017%$33K50xas long as short
Bitget EURUSDUSDT+0.0070%8h1.1470+0.105%$263K$27K100xas long as short
tradeXYZ xyz:EURshort+0.0076%1h1.1462+0.035%$23.1M$1.9M50x
Pacifica EURUSD+0.0100%1h1.1455−0.024%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1460+0.021%$12K10xas long as short
Hibachi EUR/USDT-P+0.0432%1h1.1461+0.030%$155K$8.4M30xas long as short
Bybit EURUSDUSDT+0.0554%8h1.1471+0.115%$606K$325K100xas long as short