EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.010%

Price spread now: HTX against Lighter−0.013%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$640.638% of the position

Long on Lighter Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.013%, 7d avg −0.097%

Together, before fees−0.029%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.084% dearer against Lighter than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.097%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter EURUSD	1.1480	0.0144	pay 0.0018% / 1h	52m 37s	$2.2M	$407K	50x
Short	HTX EURUSD-USDT	1.1478	0	get 0.0000% / 1h	52m 37s	$12K	$264K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee LighterbpFee HTXbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$30.24
Price spread: −0.013% → −0.097%: $8.35
Slippage, 4 orders: −$51.75
Fee Lighter: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$85.64
Costs to cover: 0.638%
Break-even: never at this rate

Slippage from Lighter: live order book, 4 min ago; HTX: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 4 min ago	0.65 bp	1.4 bp −$1	8.2 bp −$82	64.9 bp −$6,486	doesn't fit
Sell HTX live order book, 54 min ago	6.53 bp	30.6 bp −$31	doesn't fit	doesn't fit	doesn't fit

EUR on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_EURUSD	−0.0228%	1h	1.1466	−0.117%	$3K	—	50x	as long as short
MEXC EUR_USDT	−0.0204%	4h	1.1471	−0.074%	$6.8M	$133K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1486	+0.058%	$579K	$311K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1480	+0.004%	$144K	$6K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1476	−0.030%	$261K	$25K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1466	−0.118%	$198K	$73K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1474	−0.048%	—	$2.4M	10x	as long as short
HTX EURUSD-USDTshort	0.0000%	1h	1.1478	−0.013%	$12K	$264K	20x
Extended EUR-USD	+0.0032%	1h	1.1465	−0.122%	$6.8M	$1.2M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	−0.114%	$9K	$78K	101x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EUR-USD-PERP	+0.0046%	1h	1.1499	+0.166%	—	$264K	100x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1473	−0.057%	$191K	$60K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1478	−0.012%	$12K	—	10x	as long as short
Nado EURUSD-PERP	+0.0121%	1h	1.1470	−0.085%	$467K	$153K	40x	as long as short
Lighter EURUSDlong	+0.0144%	1h	1.1480	long leg	$2.2M	$407K	50x
Hibachi EUR/USDT-P	+0.0160%	1h	1.1472	−0.065%	$190K	$8.3M	30x	as long as short
tradeXYZ xyz:EUR	+0.0214%	1h	1.1474	−0.048%	$23.2M	$1.6M	50x	as long as short
Hotstuff EURUSD-PERP	+0.0272%	1h	1.1476	−0.030%	$33K	—	50x	as long as short