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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Lighter+0.170%46s7-day average +0.157% · you sell dearer than you buy
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 3 days (all we have)+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.170%, 7d avg +0.157%
Together, before fees+0.048%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.157%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EURUSD1.14840get 0.0000% / 1h3m 45s$2.2M$432K50x
ShortVest EUR-USD-PERP1.15040.0046get 0.0006% / 1h3m 45s$264K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: +0.170% → +0.157%
$1.27
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
$8.87
Costs to cover
0.020%
Break-even
0.5 days
Slippage unknown: Lighter: live order book, 3 min ago; Vest: 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, 3 min ago1.44 bp2.3 bp −$28.6 bp −$8663.3 bp −$6,326doesn't fit
Sell Vest no order-book sample
Vest: 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−0.0152%4h1.1476−0.070%$6.8M$136K100xas long as short
Kraken Futures PF_EURUSD−0.0132%1h1.1472−0.104%$3K50xas long as short
Lighter EURUSDlong0.0000%1h1.1484long leg$2.2M$432K50x
Bybit EURUSDUSDT0.0000%8h1.1487+0.027%$579K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1477−0.061%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1476−0.070%$261K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1471−0.113%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1480−0.035%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1481−0.026%$12K$264K20xas long as short
Extended EUR-USD+0.0032%1h1.1471−0.114%$6.8M$1.2M100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.153%$9K$78K101xas long as short
Vest EUR-USD-PERPshort+0.0046%1h1.1504+0.170%$264K100x
Hibachi EUR/USDT-P+0.0056%1h1.1475−0.082%$188K$8.3M30xas long as short
Nado EURUSD-PERP+0.0061%1h1.1474−0.086%$468K$153K40xas long as short
Pacifica EURUSD+0.0100%1h1.1477−0.061%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1482−0.021%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0128%1h1.1480−0.035%$33K50xas long as short
tradeXYZ xyz:EUR+0.0143%1h1.1480−0.035%$23.3M$1.6M50xas long as short