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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against SunX−0.014%61s7-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+0.067%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EURUSD-USDT1.14720get 0.0000% / 1h19m 50s$2.6M10x
ShortInjective EURUSD/USDC PERP1.14700.0033get 0.0004% / 1h19m 50s$9K$78K101x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$7
Price spread: −0.014% → 0.000%
−$1.39
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$2.41
Costs to cover
0.080%
Break-even
9.4 days
Slippage unknown: SunX: live order book, 7 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 SunX live order book, 7 min ago81.07 bp98.8 bp −$99doesn'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−0.0240%4h1.1466−0.052%$6.8M$158K100xas long as short
Kraken Futures PF_EURUSD−0.0125%1h1.1463−0.075%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1477+0.040%$593K$530K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1478+0.052%$142K$10K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471−0.009%$250K$70K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1465−0.061%$198K$111K50xas long as short
SunX EURUSD-USDTlong0.0000%1h1.1472long leg$2.6M10x
HTX EURUSD-USDT0.0000%1h1.1473+0.009%$13K$249K20xas long as short
Lighter EURUSD+0.0016%1h1.1477+0.044%$2.2M$846K50xas long as short
Extended EUR-USD+0.0032%1h1.1464−0.067%$6.7M$1.8M100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective EURUSD/USDC PERPshort+0.0033%1h1.1470−0.014%$9K$78K101x
Nado EURUSD-PERP+0.0033%1h1.1467−0.048%$466K$286K40xas long as short
Vest EUR-USD-PERP+0.0044%1h1.1496+0.208%$287K100xas long as short
Pacifica EURUSD+0.0100%1h1.1465−0.065%$190K$187K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1475+0.030%$12K10xas long as short
Hibachi EUR/USDT-P+0.0112%1h1.1466−0.048%$168K$8.8M30xas long as short
Hotstuff EURUSD-PERP+0.0136%1h1.14720.000%$33K50xas long as short
tradeXYZ xyz:EUR+0.0170%1h1.14720.000%$23.2M$2.4M50xas long as short