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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0249%/8h= −27.2% APRnext payment $0.31 per $10,000 · paid last 24h −0.049%
Price spread now: Kraken Futures against Nado−0.004%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EURUSD-PERP1.14700.0038pay 0.0005% / 1h38m 18s$466K$156K40x
ShortKraken Futures PF_EURUSD1.1469−0.0211pay 0.0026% / 1h38m 18s$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$52.19
Price spread: −0.004% → 0.000%
−$0.42
Slippage, 4 orders
no order book: not counted
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$64.01
Costs to cover
0.114%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 30 min ago; Kraken Futures: 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 Nado live order book, 30 min ago1.13 bp2.6 bp −$33.5 bp −$35doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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
Kraken Futures PF_EURUSDshort−0.0211%1h1.1469−0.004%$3K50x
MEXC EUR_USDT−0.0180%4h1.1470+0.002%$6.8M$139K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1474+0.040%$582K$280K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476+0.054%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471+0.010%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1467−0.025%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1477+0.063%$2.5M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1470+0.002%$12K$257K20xas long as short
Extended EUR-USD+0.0032%1h1.1467−0.026%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470+0.005%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERPlong+0.0038%1h1.1470long leg$466K$156K40x
Vest EUR-USD-PERP+0.0046%1h1.1499+0.252%$264K100xas long as short
Lighter EURUSD+0.0056%1h1.1479+0.083%$2.1M$441K50xas long as short
Hibachi EUR/USDT-P+0.0064%1h1.1470+0.001%$174K$8.3M30xas long as short
Pacifica EURUSD+0.0100%1h1.1467−0.021%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1477+0.059%$12K10xas long as short
tradeXYZ xyz:EUR+0.0228%1h1.1477+0.063%$23.3M$1.9M50xas long as short
Hotstuff EURUSD-PERP+0.0232%1h1.1477+0.063%$33K50xas long as short