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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: Aevo against Lighter−0.021%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.021% cheaper against Lighter than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EURUSD1.14750get 0.0000% / 1h27m 39s$2.1M$419K50x
ShortAevo EURUSD-PERP1.14720.0104get 0.0013% / 1h27m 39s$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
$21.84
Price spread: −0.021% → 0.000%
−$2.13
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
$3.71
Costs to cover
0.160%
Break-even
5.8 days
Slippage unknown: Lighter: live order book, 4 min ago; 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 Lighter live order book, 4 min ago0.04 bp0.0 bp $010.8 bp −$10869.7 bp −$6,973doesn't fit
Sell Aevo no order-book sample
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%4h1.1470−0.043%$6.8M$152K100xas long as short
Kraken Futures PF_EURUSD−0.0052%1h1.1465−0.086%$3K50xas long as short
Nado EURUSD-PERP−0.0008%1h1.1471−0.035%$466K$177K40xas long as short
Lighter EURUSDlong0.0000%1h1.1475long leg$2.1M$419K50x
Bybit EURUSDUSDT0.0000%8h1.1470−0.043%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1474−0.008%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.025%$251K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1468−0.060%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1472−0.025%$2.6M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1478+0.027%$12K$257K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1468−0.056%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.039%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1499+0.214%$264K100xas long as short
Hotstuff EURUSD-PERP+0.0064%1h1.1474−0.008%$33K50xas long as short
Pacifica EURUSD+0.0100%1h1.1468−0.056%$190K$126K50xas long as short
Aevo EURUSD-PERPshort+0.0104%1h1.1472−0.021%$12K10x
tradeXYZ xyz:EUR+0.0108%1h1.1473−0.017%$23.2M$1.9M50xas long as short
Hibachi EUR/USDT-P+0.0160%1h1.1469−0.054%$160K$8.3M30xas long as short