EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0103%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.043%

Price spread now: tradeXYZ against Lighter−0.037%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$310.306% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.037%, 7d avg −0.043%

Together, before fees+0.135%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter EURUSD	1.1487	0	get 0.0000% / 1h	45m 44s	$2.1M	$412K	50x
Short	tradeXYZ xyz:EUR	1.1483	0.0103	get 0.0013% / 1h	45m 44s	$23.3M	$1.6M	50x

Funding history

latest

Range statsloading…

tradeXYZ against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee tradeXYZbpOrdersPrice spread, now −0.037%Rate

Slippage from Lighter: live order book, 6 min ago; tradeXYZ: live order book, 3 min ago.

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, 6 min ago	1.44 bp	4.3 bp −$4	11.7 bp −$117	64.6 bp −$6,455	doesn't fit
Sell tradeXYZ live order book, 3 min ago	1.31 bp	11.2 bp −$11	12.8 bp −$128	doesn't fit	doesn't fit

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
MEXC EUR_USDT	−0.0386%	4h	1.1479	−0.071%	$6.8M	$133K	100x	as long as short
Hibachi EUR/USDT-P	−0.0232%	1h	1.1476	−0.097%	$163K	$8.3M	30x	as long as short
Kraken Futures PF_EURUSD	−0.0132%	1h	1.1475	−0.106%	$3K	—	50x	as long as short
Lighter EURUSDlong	0.0000%	1h	1.1487	long leg	$2.1M	$412K	50x
Bybit EURUSDUSDT	0.0000%	8h	1.1482	−0.045%	$585K	$223K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1481	−0.054%	$144K	$5K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1479	−0.071%	$253K	$20K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1477	−0.089%	$198K	$73K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1483	−0.037%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1482	−0.045%	$13K	$263K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado EURUSD-PERP	+0.0010%	1h	1.1480	−0.059%	$467K	$153K	40x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1477	−0.089%	$6.8M	$1.2M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	−0.181%	$9K	$78K	101x	as long as short
Vest EUR-USD-PERP	+0.0046%	1h	1.1509	+0.193%	—	$265K	100x	as long as short
Hotstuff EURUSD-PERP	+0.0072%	1h	1.1483	−0.037%	$33K	—	50x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1478	−0.084%	$191K	$63K	50x	as long as short
tradeXYZ xyz:EURshort	+0.0103%	1h	1.1483	−0.037%	$23.3M	$1.6M	50x
Aevo EURUSD-PERP	+0.0104%	1h	1.1485	−0.021%	$12K	—	10x	as long as short