EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%

Price spread now: Extended against SunX−0.085%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$201as in the Funding arb table

Net, price: spread back to 7d avg − costs−$213as in the Price arb table

costs, in and out, $10k−$2112.107% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.085%, 7d avg −0.063%

Together, before fees+0.139%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.022% cheaper against SunX than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.063%). If the spread goes back, that is −$2 on $10k: about 2.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX EURUSD-USDT	1.1472	0	get 0.0000% / 1h	5m 09s	—	$2.4M	10x
Short	Extended EUR-USD	1.1462	0.0032	get 0.0004% / 1h	5m 09s	$6.8M	$1.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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 SunXbpFee ExtendedbpOrdersPrice spread, now −0.085%Rate

Funding earned: $6.72
Price spread: −0.085% → −0.063%: −$2.18
Slippage, 4 orders: −$197.75
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$206.21
Costs to cover: 2.107%
Break-even: 221.8 days

Slippage from SunX: live order book, 2 min ago; Extended: live order book, 4 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 SunX live order book, 2 min ago	80.63 bp	98.4 bp −$98	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.04 bp	8.4 bp −$8	11.6 bp −$116	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	−0.0228%	1h	1.1464	−0.069%	$3K	—	50x	as long as short
MEXC EUR_USDT	−0.0224%	4h	1.1466	−0.052%	$6.8M	$136K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1478	+0.048%	$579K	$312K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1477	+0.044%	$144K	$6K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1477	+0.044%	$263K	$25K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1460	−0.105%	$198K	$73K	50x	as long as short
SunX EURUSD-USDTlong	0.0000%	1h	1.1472	long leg	—	$2.4M	10x
HTX EURUSD-USDT	0.0000%	1h	1.1470	−0.017%	$13K	$271K	20x	as long as short
Extended EUR-USDshort	+0.0032%	1h	1.1462	−0.085%	$6.8M	$1.2M	100x
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	−0.049%	$9K	$78K	101x	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	+0.0046%	1h	1.1494	+0.196%	—	$241K	100x	as long as short
Nado EURUSD-PERP	+0.0069%	1h	1.1466	−0.053%	$467K	$154K	40x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1467	−0.044%	$191K	$60K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1475	+0.030%	$12K	—	10x	as long as short
tradeXYZ xyz:EUR	+0.0255%	1h	1.1472	0.000%	$23.2M	$1.6M	50x	as long as short
Hotstuff EURUSD-PERP	+0.0272%	1h	1.1474	+0.017%	$33K	—	50x	as long as short
Hibachi EUR/USDT-P	+0.0296%	1h	1.1464	−0.074%	$166K	$8.4M	30x	as long as short
Lighter EURUSD	+0.0376%	1h	1.1479	+0.063%	$2.2M	$408K	50x	as long as short