Funding you earn now, next payment 08:00 UTC+0.0214%/8h= +23.5% APRpaid last 24h +0.053%
Price spread now: tradeXYZ against Orderly+0.052%7-day average +0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.052%, 7d avg +0.047%
=Together, before fees−0.205%+ Points / potential airdroptradeXYZ: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.188%, 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 | 1.1463 | 0 | get 0.0000% / 8h | 33m 18s | $247K | $122K | 50x |
| Short | tradeXYZ xyz:EUR | 1.1469 | 0.0214 | get 0.0027% / 1h | 33m 18s | $23.2M | $1.6M | 50x |
Orderly PERP_EURUSD_USDC
tradeXYZ xyz:EURFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $45.03
- Price spread: +0.052% → +0.047%
- $0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $21.54
- Costs to cover
- 0.240%
- Break-even
- 3.7 days
Slippage unknown: Orderly: no order-book sample; tradeXYZ: 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 tradeXYZ live order book, 6 min ago | 1.31 bp | 12.4 bp −$12 | 14.9 bp −$149 | 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 | −0.0400% | 4h | 1.1465 | +0.017% | $6.8M | $134K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0020% | 1h | 1.1461 | −0.018% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1480 | +0.150% | $580K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1475 | +0.105% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1473 | +0.087% | $263K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDClong | 0.0000% | 8h | 1.1463 | long leg | $247K | $122K | 50x | |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1470 | +0.061% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1474 | +0.096% | $13K | $271K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1462 | −0.007% | $6.8M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | +0.030% | $9K | $78K | 101x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0042% | 1h | 1.1466 | +0.025% | $467K | $159K | 40x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1494 | +0.274% | — | $241K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1468 | +0.044% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1473 | +0.083% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0176% | 1h | 1.1471 | +0.070% | $33K | — | 50x | as long as short |
| Lighter EURUSD | +0.0192% | 1h | 1.1475 | +0.106% | $2.1M | $432K | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0192% | 1h | 1.1465 | +0.016% | $163K | $8.3M | 30x | as long as short |
| tradeXYZ xyz:EURshort | +0.0214% | 1h | 1.1469 | +0.052% | $23.2M | $1.6M | 50x |
Nado EURUSD-PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
Lighter EURUSD
Hibachi EUR/USDT-P