Funding arb · Price arb /

EUR

RWAall EUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0504%/8h= +55.2% APRpaid last 24h +0.084%

Price spread now: Aevo against MEXC+0.041%56s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Aevo is 0.041% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EUR_USDT	1.1467	−0.0400	get 0.0200% / 4h	37m 30s	$6.8M	$134K	100x
Short	Aevo EURUSD-PERP	1.1472	0.0104	get 0.0013% / 1h	37m 30s	$12K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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 MEXCbpFee AevobpOrdersPrice spread, now +0.041%Rate

Funding earned: $105.84
Price spread: +0.041% → 0.000%: $4.12
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: $85.96
Costs to cover: 0.240%
Break-even: 1.3 days

Slippage unknown: MEXC: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 5 min ago	0.44 bp	5.2 bp −$5	5.8 bp −$58	36.0 bp −$3,605	126.7 bp −$63.3K
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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EUR_USDTlong	−0.0400%	4h	1.1467	long leg	$6.8M	$134K	100x
Kraken Futures PF_EURUSD	−0.0020%	1h	1.1462	−0.040%	$3K	—	50x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1482	+0.128%	$580K	$311K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1476	+0.078%	$144K	$5K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1472	+0.044%	$263K	$25K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1464	−0.026%	$247K	$122K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1470	+0.026%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1475	+0.070%	$12K	$272K	20x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1464	−0.030%	$6.8M	$1.3M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	−0.005%	$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
Nado EURUSD-PERP	+0.0044%	1h	1.1467	−0.002%	$467K	$159K	40x	as long as short
Vest EUR-USD-PERP	+0.0046%	1h	1.1496	+0.252%	—	$241K	100x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1468	+0.009%	$191K	$60K	50x	as long as short
Aevo EURUSD-PERPshort	+0.0104%	1h	1.1472	+0.041%	$12K	—	10x
Hotstuff EURUSD-PERP	+0.0184%	1h	1.1473	+0.052%	$33K	—	50x	as long as short
Hibachi EUR/USDT-P	+0.0208%	1h	1.1465	−0.019%	$163K	$8.3M	30x	as long as short
tradeXYZ xyz:EUR	+0.0225%	1h	1.1471	+0.035%	$23.2M	$1.6M	50x	as long as short
Lighter EURUSD	+0.0232%	1h	1.1476	+0.076%	$2.1M	$432K	50x	as long as short