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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Pacifica+0.105%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.209%−$21 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.105%, 7d avg −0.002%
Together, before fees−0.310%+ Points / potential airdropPacifica: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.107% dearer against Pacifica than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.002%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica EURUSD1.14580.0100pay 0.0013% / 1h16m 07s$191K$60K50x
ShortHTX EURUSD-USDT1.14700get 0.0000% / 1h16m 07s$12K$272K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Pacifica. 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
−$21
Price spread: +0.105% → −0.002%
$10.68
Slippage, 4 orders
−$66.11
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$96.43
Costs to cover
0.861%
Break-even
never at this rate
Slippage from Pacifica: live order book, 22 min ago; HTX: live order book, 21 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 Pacifica live order book, 22 min ago2.62 bp11.8 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 21 min ago6.54 bp30.8 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−0.0202%4h1.1459+0.009%$6.8M$138K100xas long as short
Kraken Futures PF_EURUSD−0.0020%1h1.1457−0.007%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1472+0.121%$579K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1469+0.096%$143K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471+0.113%$263K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1456−0.017%$247K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1466+0.070%$2.4M10xas long as short
HTX EURUSD-USDTshort0.0000%1h1.1470+0.105%$12K$272K20x
Extended EUR-USD+0.0032%1h1.1455−0.028%$6.8M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466+0.073%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0045%1h1.1461+0.024%$467K$159K40xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1489+0.270%$241K100xas long as short
Pacifica EURUSDlong+0.0100%1h1.1458long leg$191K$60K50x
Aevo EURUSD-PERP+0.0104%1h1.1466+0.069%$12K10xas long as short
Lighter EURUSD+0.0112%1h1.1467+0.079%$2.1M$449K50xas long as short
Hotstuff EURUSD-PERP+0.0216%1h1.1468+0.087%$33K50xas long as short
Hibachi EUR/USDT-P+0.0216%1h1.1461+0.024%$162K$8.4M30xas long as short
tradeXYZ xyz:EUR+0.0222%1h1.1466+0.070%$23.2M$1.7M50xas long as short