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−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against Pacifica−0.096%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 7 days−0.185%−$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.096% cheaper against Pacifica than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica EURUSD1.14770.0100pay 0.0013% / 1h54m 39s$191K$63K50x
ShortInjective EURUSD/USDC PERP1.14660.0033get 0.0004% / 1h54m 39s$9K$78K101x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −0.096% → 0.000%
−$9.58
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$31.6
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 58 min ago; Injective: 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 Pacifica live order book, 58 min ago3.92 bp12.4 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
MEXC EUR_USDT−0.0356%4h1.1479+0.014%$6.8M$132K100xas long as short
Hibachi EUR/USDT-P−0.0240%1h1.1476−0.012%$169K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0132%1h1.1473−0.038%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1487+0.088%$2.1M$412K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1482+0.045%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1480+0.023%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1480+0.023%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1477−0.003%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1481+0.031%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1484+0.058%$12K$263K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0014%1h1.1480+0.027%$467K$153K40xas long as short
Extended EUR-USD+0.0032%1h1.1477−0.005%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERPshort+0.0033%1h1.1466−0.096%$9K$78K101x
Vest EUR-USD-PERP+0.0046%1h1.1509+0.275%$265K100xas long as short
Hotstuff EURUSD-PERP+0.0048%1h1.1482+0.040%$33K50xas long as short
tradeXYZ xyz:EUR+0.0096%1h1.1482+0.040%$23.3M$1.6M50xas long as short
Pacifica EURUSDlong+0.0100%1h1.1477long leg$191K$63K50x
Aevo EURUSD-PERP+0.0104%1h1.1485+0.067%$12K10xas long as short