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+0.0311%/8h= +34.0% APRnext payment +$0.39 per $10,000 · paid last 24h +0.080%
Price spread now: Pacifica against Kraken Futures−0.008%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_EURUSD1.1468−0.0211get 0.0026% / 1h42m 03s$3K50x
ShortPacifica EURUSD1.14670.0100get 0.0013% / 1h42m 03s$190K$100K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$65.26
Price spread: −0.008% → 0.000%
−$0.82
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$46.44
Costs to cover
0.180%
Break-even
2.0 days
Slippage unknown: Kraken Futures: no order-book sample; Pacifica: live order book, 26 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 Kraken Futures no order-book sample
Sell Pacifica live order book, 26 min ago2.62 bp14.3 bp −$14doesn't fitdoesn't fitdoesn't fit
Kraken Futures: 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_EURUSDlong−0.0211%1h1.1468long leg$3K50x
MEXC EUR_USDT−0.0190%4h1.1470+0.016%$6.8M$139K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1475+0.057%$582K$280K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476+0.068%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472+0.033%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1467−0.010%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1477+0.077%$2.5M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1474+0.051%$12K$257K20xas long as short
Lighter EURUSD+0.0024%1h1.1479+0.094%$2.1M$441K50xas long as short
Extended EUR-USD+0.0032%1h1.1467−0.010%$6.7M$1.3M100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective EURUSD/USDC PERP+0.0033%1h1.1470+0.019%$9K$78K101xas long as short
Nado EURUSD-PERP+0.0038%1h1.1470+0.015%$466K$156K40xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1499+0.265%$264K100xas long as short
Hibachi EUR/USDT-P+0.0056%1h1.1470+0.015%$173K$8.3M30xas long as short
Pacifica EURUSDshort+0.0100%1h1.1467−0.008%$190K$100K50x
Aevo EURUSD-PERP+0.0104%1h1.1477+0.077%$12K10xas long as short
tradeXYZ xyz:EUR+0.0224%1h1.1477+0.077%$23.3M$1.9M50xas long as short
Hotstuff EURUSD-PERP+0.0240%1h1.1477+0.077%$33K50xas long as short