EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.111%

Price spread now: SunX against Pacifica+0.017%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$251as in the Funding arb table

Net, price: spread back to 7d avg − costs−$228as in the Price arb table

costs, in and out, $10k−$2262.260% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 3 days (all we have)−0.012%−$1 · spread now +0.017%, 7d avg +0.038%

Together, before fees−0.263%+ Points / potential airdropPacifica: Active · farm board−$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.020% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica EURUSD	1.1470	0.0100	pay 0.0013% / 1h	8m 12s	$190K	$187K	50x
Short	SunX EURUSD-USDT	1.1472	0	get 0.0000% / 1h	8m 12s	—	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee PacificabpFee SunXbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$21
Price spread: +0.017% → +0.038%: −$2.02
Slippage, 4 orders: −$209.95
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$248.98
Costs to cover: 2.260%
Break-even: never at this rate

Slippage from Pacifica: live order book, 15 min ago; SunX: live order book, 9 min ago.

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 Pacifica live order book, 15 min ago	3.49 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	81.06 bp	99.8 bp −$100	doesn't fit	doesn't fit	doesn't fit

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
Kraken Futures PF_EURUSD	−0.0180%	1h	1.1464	−0.049%	$3K	—	50x	as long as short
MEXC EUR_USDT	−0.0144%	4h	1.1469	−0.009%	$6.8M	$160K	100x	as long as short
Nado EURUSD-PERP	−0.0016%	1h	1.1468	−0.020%	$466K	$337K	40x	as long as short
Lighter EURUSD	0.0000%	1h	1.1480	+0.089%	$2.2M	$932K	50x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1484	+0.121%	$593K	$531K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1478	+0.070%	$142K	$10K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1471	+0.009%	$250K	$92K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1469	−0.009%	$198K	$111K	50x	as long as short
SunX EURUSD-USDTshort	0.0000%	1h	1.1472	+0.017%	—	$2.6M	10x
HTX EURUSD-USDT	0.0000%	1h	1.1474	+0.035%	$13K	$245K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EUR-USD-PERP	+0.0028%	1h	1.1492	+0.194%	—	$264K	100x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1467	−0.030%	$6.7M	$2.3M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1470	+0.003%	$9K	$78K	101x	as long as short
Hibachi EUR/USDT-P	+0.0064%	1h	1.1467	−0.030%	$166K	$9.2M	30x	as long as short
Hotstuff EURUSD-PERP	+0.0096%	1h	1.1474	+0.035%	$33K	—	50x	as long as short
Pacifica EURUSDlong	+0.0100%	1h	1.1470	long leg	$190K	$187K	50x
Aevo EURUSD-PERP	+0.0104%	1h	1.1480	+0.089%	$12K	—	10x	as long as short
tradeXYZ xyz:EUR	+0.0145%	1h	1.1471	+0.009%	$23.2M	$2.7M	50x	as long as short