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−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Bitget against Injective+0.119%71s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bitget is 0.119% dearer against Injective than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EURUSD/USDC PERP1.14660.0033pay 0.0004% / 1h0m 10s$9K$78K101x
ShortBitget EURUSDUSDT1.14800get 0.0000% / 8h3h 00m$253K$21K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
−$7
Price spread: +0.119% → 0.000%
$11.86
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$7.16
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 45 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Bitget live order book, 45 min ago1.31 bp8.1 bp −$89.0 bp −$90doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0298%4h1.1479+0.110%$6.8M$135K100xas long as short
Hibachi EUR/USDT-P−0.0232%1h1.1476+0.086%$170K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0179%1h1.1473+0.058%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1488+0.186%$2.1M$415K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1482+0.140%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1480+0.119%$144K$5K100xas long as short
Bitget EURUSDUSDTshort0.0000%8h1.1480+0.119%$253K$21K100x
Orderly PERP_EURUSD_USDC0.0000%8h1.1478+0.101%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1482+0.136%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1485+0.162%$13K$263K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0005%1h1.1481+0.126%$467K$153K40xas long as short
Extended EUR-USD+0.0032%1h1.1478+0.099%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERPlong+0.0033%1h1.1466long leg$9K$78K101x
Vest EUR-USD-PERP+0.0046%1h1.1510+0.379%$265K100xas long as short
Pacifica EURUSD+0.0100%1h1.1480+0.119%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1485+0.159%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0120%1h1.1483+0.145%$33K50xas long as short
tradeXYZ xyz:EUR+0.0153%1h1.1481+0.127%$23.3M$1.6M50xas long as short