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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h −0.010%
Price spread now: HTX against Injective+0.023%65s7-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−0.025%−$2 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. HTX is 0.023% dearer against Injective than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.025% in total) that is about 6.4 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EURUSD/USDC PERP1.14700.0033pay 0.0004% / 1h15m 38s$9K$78K101x
ShortHTX EURUSD-USDT1.14730get 0.0000% / 1h15m 38s$12K$256K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.023% → 0.000%
$2.27
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
−$16.75
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; HTX: live order book, 51 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 HTX live order book, 51 min ago6.54 bp32.4 bp −$32doesn't fitdoesn'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
Kraken Futures PF_EURUSD−0.0211%1h1.1468−0.021%$3K50xas long as short
MEXC EUR_USDT−0.0178%4h1.1468−0.021%$6.8M$141K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473+0.024%$582K$280K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476+0.049%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471+0.005%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1466−0.038%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1476+0.049%$2.5M10xas long as short
HTX EURUSD-USDTshort0.0000%1h1.1473+0.023%$12K$256K20x
Extended EUR-USD+0.0032%1h1.1466−0.042%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERPlong+0.0033%1h1.1470long leg$9K$78K101x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0045%1h1.1468−0.017%$466K$155K40xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1498+0.237%$264K100xas long as short
Pacifica EURUSD+0.0100%1h1.1469−0.012%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1476+0.052%$12K10xas long as short
Lighter EURUSD+0.0144%1h1.1480+0.085%$2.1M$441K50xas long as short
Hibachi EUR/USDT-P+0.0168%1h1.1469−0.011%$171K$8.3M30xas long as short
Hotstuff EURUSD-PERP+0.0240%1h1.1477+0.058%$33K50xas long as short
tradeXYZ xyz:EUR+0.0250%1h1.1477+0.058%$23.3M$1.8M50xas long as short