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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: SunX against Lighter−0.037%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2162.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.037%, 7d avg −0.055%
Together, before fees−0.053%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EURUSD1.14860get 0.0000% / 1h19m 01s$2.1M$415K50x
ShortSunX EURUSD-USDT1.14820get 0.0000% / 1h19m 01s$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.037% → −0.055%
$1.85
Slippage, 4 orders
−$207.54
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$213.69
Costs to cover
2.155%
Break-even
never at this rate
Slippage from Lighter: live order book, 3 min ago; SunX: live order book, 8 min ago.

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, 3 min ago1.39 bp2.7 bp −$310.4 bp −$10464.6 bp −$6,456doesn't fit
Sell SunX live order book, 8 min ago82.31 bp108.9 bp −$109doesn't fitdoesn't fitdoesn't fit

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
Hibachi EUR/USDT-P−0.0240%1h1.1473−0.115%$174K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0179%1h1.1474−0.109%$3K50xas long as short
MEXC EUR_USDT−0.0148%4h1.1479−0.063%$6.8M$134K100xas long as short
Lighter EURUSDlong0.0000%1h1.1486long leg$2.1M$415K50x
Bybit EURUSDUSDT0.0000%8h1.1481−0.050%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1480−0.054%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1478−0.071%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1476−0.089%$198K$73K50xas long as short
SunX EURUSD-USDTshort0.0000%1h1.1482−0.037%$2.4M10x
HTX EURUSD-USDT0.0000%1h1.1479−0.063%$13K$264K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0009%1h1.1480−0.058%$467K$153K40xas long as short
Extended EUR-USD+0.0032%1h1.1476−0.086%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.172%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1508+0.193%$265K100xas long as short
Pacifica EURUSD+0.0100%1h1.1476−0.086%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1483−0.027%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0120%1h1.1481−0.045%$33K50xas long as short
tradeXYZ xyz:EUR+0.0173%1h1.1481−0.045%$23.3M$1.6M50xas long as short