Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Extended against Orderly−0.002%7-day average −0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.002%, 7d avg −0.029%
=Together, before fees−0.247%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.026% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.240%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_EURUSD_USDC | 1.1468 | 0 | get 0.0000% / 8h | 7h 53m | $198K | $111K | 50x |
| Short | Extended EUR-USD | 1.1468 | 0.0032 | get 0.0004% / 1h | 53m 08s | $6.7M | $1.3M | 100x |
Orderly PERP_EURUSD_USDC
Extended EUR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.72
- Price spread: −0.002% → −0.029%
- $2.63
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$1.65
- Costs to cover
- 0.110%
- Break-even
- 8.7 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 6 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 6 min ago | 0.04 bp | 6.6 bp −$7 | 11.2 bp −$112 | doesn't fit | doesn't fit |
Orderly: 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_USDT | −0.0138% | 4h | 1.1470 | +0.017% | $6.8M | $150K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0052% | 1h | 1.1464 | −0.033% | $3K | — | 50x | as long as short |
| Nado EURUSD-PERP | −0.0019% | 1h | 1.1470 | +0.015% | $466K | $184K | 40x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1474 | +0.052% | $2.1M | $408K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1471 | +0.030% | $584K | $279K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1480 | +0.105% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | +0.035% | $251K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDClong | 0.0000% | 8h | 1.1468 | long leg | $198K | $111K | 50x | |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1472 | +0.035% | — | $2.6M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1470 | +0.017% | $12K | $257K | 20x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Nado EURUSD-PERP
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EUR-USDshort | +0.0032% | 1h | 1.1468 | −0.002% | $6.7M | $1.3M | 100x | |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1470 | +0.021% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1499 | +0.272% | — | $264K | 100x | as long as short |
| Hotstuff EURUSD-PERP | +0.0072% | 1h | 1.1475 | +0.061% | $33K | — | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1468 | +0.003% | $190K | $128K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1472 | +0.039% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0148% | 1h | 1.1474 | +0.052% | $23.2M | $2.4M | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0224% | 1h | 1.1468 | −0.003% | $160K | $8.3M | 30x | as long as short |
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Hotstuff EURUSD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR
Hibachi EUR/USDT-P