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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h −0.020%
Price spread now: tradeXYZ against Pacifica+0.031%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.031%, 7d avg +0.045%
Together, before fees−0.138%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica EURUSD1.14690.0100pay 0.0013% / 1h24m 46s$190K$126K50x
ShorttradeXYZ xyz:EUR1.14730.0106get 0.0013% / 1h24m 46s$23.2M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$1.3
Price spread: +0.031% → +0.045%
−$1.39
Slippage, 4 orders
−$23.22
Fee Pacifica: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$49.32
Costs to cover
0.492%
Break-even
273.5 days
Slippage from Pacifica: live order book, 48 min ago; tradeXYZ: live order book, 4 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, 48 min ago3.49 bp13.2 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.87 bp9.9 bp −$1011.7 bp −$117doesn'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−0.0154%4h1.1471+0.014%$6.8M$152K100xas long as short
Kraken Futures PF_EURUSD−0.0052%1h1.1465−0.039%$3K50xas long as short
Nado EURUSD-PERP−0.0009%1h1.1471+0.017%$467K$177K40xas long as short
Lighter EURUSD0.0000%1h1.1476+0.053%$2.1M$421K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1470+0.005%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1474+0.040%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472+0.022%$251K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1469−0.004%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1473+0.031%$2.6M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1475+0.049%$13K$257K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1469−0.004%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470+0.009%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1500+0.270%$264K100xas long as short
Hotstuff EURUSD-PERP+0.0056%1h1.1474+0.040%$33K50xas long as short
Pacifica EURUSDlong+0.0100%1h1.1469long leg$190K$126K50x
Aevo EURUSD-PERP+0.0104%1h1.1473+0.029%$12K10xas long as short
tradeXYZ xyz:EURshort+0.0106%1h1.1473+0.031%$23.2M$1.9M50x
Hibachi EUR/USDT-P+0.0144%1h1.1469−0.002%$160K$8.3M30xas long as short