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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0236%/8h= +25.9% APRnext payment +$0.30 per $10,000 · paid last 24h +0.046%
Price spread now: Aevo against Kraken Futures+0.078%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aevo is 0.078% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_EURUSD1.1473−0.0132get 0.0017% / 1h1m 14s$3K50x
ShortAevo EURUSD-PERP1.14810.0104get 0.0013% / 1h1m 14s$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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
$49.61
Price spread: +0.078% → 0.000%
$7.79
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$31.39
Costs to cover
0.260%
Break-even
2.6 days
Slippage unknown: Kraken Futures: no order-book sample; Aevo: 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 Kraken Futures no order-book sample
Sell Aevo no order-book sample
Kraken Futures and Aevo: 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−0.0162%4h1.1476+0.030%$6.8M$136K100xas long as short
Kraken Futures PF_EURUSDlong−0.0132%1h1.1473long leg$3K50x
Lighter EURUSD0.0000%1h1.1484+0.102%$2.2M$432K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1486+0.120%$579K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1477+0.039%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1476+0.030%$261K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1472−0.005%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1480+0.065%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1478+0.048%$12K$264K20xas long as short
Extended EUR-USD+0.0032%1h1.1471−0.011%$6.8M$1.2M100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.053%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1503+0.268%$264K100xas long as short
Nado EURUSD-PERP+0.0063%1h1.1475+0.019%$468K$153K40xas long as short
Hibachi EUR/USDT-P+0.0072%1h1.1474+0.014%$190K$8.3M30xas long as short
Pacifica EURUSD+0.0100%1h1.1477+0.039%$191K$63K50xas long as short
Aevo EURUSD-PERPshort+0.0104%1h1.1481+0.078%$12K10x
Hotstuff EURUSD-PERP+0.0128%1h1.1480+0.065%$33K50xas long as short
tradeXYZ xyz:EUR+0.0147%1h1.1481+0.074%$23.3M$1.6M50xas long as short