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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.021%
Price spread now: Hotstuff against Injective+0.023%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hotstuff is 0.023% dearer against Injective than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EURUSD/USDC PERP1.14700.0033pay 0.0004% / 1h47m 08s$9K$78K101x
ShortHotstuff EURUSD-PERP1.14730.0056get 0.0007% / 1h47m 08s$33K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$4.76
Price spread: +0.023% → 0.000%
$2.27
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$2.01
Costs to cover
0.050%
Break-even
4.0 days
Slippage unknown: Injective: no order-book sample; Hotstuff: no order-book sample. 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 Hotstuff no order-book sample
Injective and Hotstuff: 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−0.0156%4h1.1467−0.030%$6.8M$151K100xas long as short
Kraken Futures PF_EURUSD−0.0095%1h1.1463−0.064%$3K50xas long as short
Nado EURUSD-PERP−0.0010%1h1.1467−0.031%$466K$278K40xas long as short
Lighter EURUSD0.0000%1h1.1476+0.045%$2.1M$534K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1475+0.041%$584K$397K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1477+0.058%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471+0.005%$250K$35K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1464−0.056%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1472+0.014%$2.6M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1472+0.014%$13K$255K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1465−0.051%$6.7M$1.8M100xas long as short
Injective EURUSD/USDC PERPlong+0.0033%1h1.1470long leg$9K$78K101x
Vest EUR-USD-PERP+0.0046%1h1.1496+0.226%$287K100xas long as short
Hotstuff EURUSD-PERPshort+0.0056%1h1.1473+0.023%$33K50x
Pacifica EURUSD+0.0100%1h1.1467−0.030%$190K$188K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1475+0.037%$12K10xas long as short
Hibachi EUR/USDT-P+0.0160%1h1.1466−0.034%$167K$8.3M30xas long as short
tradeXYZ xyz:EUR+0.0161%1h1.1472+0.014%$23.2M$2.4M50xas long as short