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−0.0011%/8h= −1.2% APRnext payment $0.01 per $10,000 · paid last 24h +0.003%
Price spread now: HTX against Nado+0.018%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.616% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.018%, 7d avg +0.058%
Together, before fees+0.028%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and HTX is 0.040% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EURUSD-PERP1.14800.0011pay 0.0001% / 1h45m 27s$467K$153K40x
ShortHTX EURUSD-USDT1.14820get 0.0000% / 1h45m 27s$13K$263K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Nado. 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
−$2.3
Price spread: +0.018% → +0.058%
−$4.02
Slippage, 4 orders
−$48.18
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee HTX: 6 bp × 2 orders
−$12
Net
−$67.91
Costs to cover
0.616%
Break-even
never at this rate
Slippage from Nado: live order book, 2 min ago; HTX: live order book, 1 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 Nado live order book, 2 min ago1.18 bp2.9 bp −$33.8 bp −$38doesn't fitdoesn't fit
Sell HTX live order book, 1 min ago6.53 bp30.6 bp −$31doesn'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
MEXC EUR_USDT−0.0336%4h1.1480+0.001%$6.8M$133K100xas long as short
Hibachi EUR/USDT-P−0.0224%1h1.1476−0.034%$163K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0132%1h1.1475−0.043%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1487+0.063%$2.1M$412K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1482+0.016%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1481+0.009%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1479−0.008%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1477−0.026%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1483+0.027%$2.4M10xas long as short
HTX EURUSD-USDTshort0.0000%1h1.1482+0.018%$13K$263K20x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERPlong+0.0011%1h1.1480long leg$467K$153K40x
Extended EUR-USD+0.0032%1h1.1477−0.026%$6.8M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.118%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1509+0.252%$265K100xas long as short
Hotstuff EURUSD-PERP+0.0088%1h1.1483+0.027%$33K50xas long as short
Pacifica EURUSD+0.0100%1h1.1477−0.022%$191K$63K50xas long as short
tradeXYZ xyz:EUR+0.0103%1h1.1483+0.027%$23.3M$1.6M50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1485+0.042%$12K10xas long as short