Funding arb · Price arb / RWA

EUR

RWAAll EUR markets →

LONGtradeXYZ▾tradeXYZ +0.0175%

⇄⇅

SHORTTxFlow▾TxFlow −0.0092%

Backtest 30d

☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	tradeXYZxyz:EUR	1.1228	+0.0175	pay 0.0022% / 1h	35m 49s	$31.1M	$8.6M	50x	Long tradeXYZ
SHORT	TxFlowEURUSD-USDC	1.1228	−0.0092	pay 0.0011% / 1h	35m 49s	$834K	$510K	50x	Short TxFlow5% off

Price gap0.000%59s

Funding gap−0.0267% /8h

Funding costs $8 a day on $10k at the current rate. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.015% in total, about −0.0007%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now0.000%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

tradeXYZTxFlow

EUR on 20 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

• ✓
  OK: Fits both order books3.0 / 6.1 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage$200 + $200

  tradeXYZ 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long tradeXYZ · 1h−$5.26

  Short TxFlow · 1h−$2.76

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$8.02Long tradeXYZ: 24 payments, −$5.26; short TxFlow: 24 payments, −$2.76.
• !
  Watch: Prices read 59 s apart0.000% vs −0.002%

  Part of this gap may be the market moving.
• !
  Watch: Short leg is thinner$834K vs $31.1M OI

  TxFlow sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legtradeXYZ points · TxFlow Season 1

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legtradeXYZ No · TxFlow No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0007%/8h × 21 periods−$1.48

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$6.31

Fee tradeXYZ bp × 2 orders−$1.80

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$18.59

price spread not counted: prices read too far apart

Costs to cover0.171%Break-evennever at this rate

Slippage: tradeXYZ: live order book, 6 min ago; TxFlow: live order book, 45 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGtradeXYZ1.343.0 bp−$38.0 bp−$8036.1 bp−$3,612133.3 bp−$66.7K

SELL · SHORTTxFlow0.446.1 bp−$66.8 bp−$6816.0 bp−$1,60458.4 bp−$29.2K

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

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FundingPrice spread

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EUR news

posts that mention EUR or Euro, from every exchange

Search all news →

11-04 12:26	Kalshi	Other	JUST IN: Meta seeks €9 billion in first euro bond sale @Kalshi on X ↗
11-02 19:24	Hibachi	Points	Week 25 of The Playoffs is complete. EUR/USD and BTC/USD earn up to a 1.5x points boost. Stay tuned for more updates to come. @hibachi_xyz on X ↗
11-02 16:00	Bybit	Other	Here are 6 more reasons to follow our #MarketPulse reports on @Bybit_Learn. Last week, Gold, NAS100, EURUSD, Microsoft, Amazon, and Sandisk performed as expected - fulfilling their respective trade setups. RECAP: Did you miss these recent trading opportunities? 👇🏽 @Bybit_Official on X ↗
11-02 08:00	Binance	Product	Fiat Withdrawal Update Fiat withdrawals are now available for the following currencies: New ✅ USD ✅ AED ✅ VND ✅ PHP ✅ IDR Current: JPY, VES, BRL, MXN, ARS, BHD, KZT, EUR, CHF, CZK, HUF, KWD, PLN, RON, SEK, CDF, KES, SLE, UGX, XAF, XOF, ZMW, and KGS. We will continue to share further updates through official Binance channels. @binance on X ↗
11-01 01:05	Nado	Listing	EURUSD-PERP no longer reported ($EUR) seen by our collector
10-27 15:30	OKX	Other	Trade, fund, and manage your portfolio in Euros. Our unified EUR order book marks the next phase of our journey in Europe, with more capable products built around how European traders move. Trade EUR pairs now. @okx on X ↗