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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against SunX−0.087%57s7-day average −0.038% · 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+0.339%+$34 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.087%, 7d avg −0.038%
Together, before fees+0.394%+$39 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.049% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.038%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EURUSD-USDT1.14670get 0.0000% / 1h20m 18s$2.4M10x
ShortOrderly PERP_EURUSD_USDC1.14570get 0.0000% / 8h20m 18s$247K$122K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: −0.087% → −0.038%
−$4.94
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18.94
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; Orderly: 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, 6 min ago80.70 bp98.3 bp −$98doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0218%4h1.1463−0.035%$6.8M$138K100xas long as short
Kraken Futures PF_EURUSD−0.0020%1h1.1459−0.072%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1475+0.072%$579K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1473+0.052%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472+0.044%$263K$25K100xas long as short
Orderly PERP_EURUSD_USDCshort0.0000%8h1.1457−0.087%$247K$122K50x
SunX EURUSD-USDTlong0.0000%1h1.1467long leg$2.4M10x
HTX EURUSD-USDT0.0000%1h1.1470+0.026%$12K$272K20xas long as short
Extended EUR-USD+0.0032%1h1.1457−0.087%$6.8M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.005%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0045%1h1.1460−0.061%$467K$159K40xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1489+0.192%$241K100xas long as short
Pacifica EURUSD+0.0100%1h1.1458−0.078%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1467−0.004%$12K10xas long as short
Lighter EURUSD+0.0128%1h1.1469+0.016%$2.1M$449K50xas long as short
Hotstuff EURUSD-PERP+0.0200%1h1.1468+0.009%$33K50xas long as short
Hibachi EUR/USDT-P+0.0216%1h1.1461−0.055%$162K$8.4M30xas long as short
tradeXYZ xyz:EUR+0.0220%1h1.14670.000%$23.2M$1.7M50xas long as short