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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.013%
Price spread now: Bybit against Vest−0.208%7-day average −0.242% · 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 3 days (all we have)−0.255%−$26 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.208%, 7d avg −0.242%
Together, before fees−0.362%+ Points / potential airdropVest: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.033% dearer against Vest than usual: you sell high and buy low (spread −0.208% now, against its 7-day average of −0.242%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 3 days (−0.255% in total) that is about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest EUR-USD-PERP1.14990.0046pay 0.0006% / 1h42m 03s$264K100x
ShortBybit EURUSDUSDT1.14750get 0.0000% / 8h6h 42m$582K$280K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Vest. 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
−$9.59
Price spread: −0.208% → −0.242%
$3.34
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$19.25
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 18 min ago. 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 Vest no order-book sample
Sell Bybit live order book, 18 min ago6.58 bp14.5 bp −$1447.1 bp −$471doesn't fitdoesn't fit
Vest: 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
Kraken Futures PF_EURUSD−0.0211%1h1.1468−0.265%$3K50xas long as short
MEXC EUR_USDT−0.0190%4h1.1470−0.249%$6.8M$139K100xas long as short
Bybit EURUSDUSDTshort0.0000%8h1.1475−0.208%$582K$280K100x
Gate EURUSD_USDT0.0000%8h1.1476−0.197%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.232%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1467−0.275%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1477−0.188%$2.5M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1474−0.214%$12K$257K20xas long as short
Lighter EURUSD+0.0024%1h1.1479−0.171%$2.1M$441K50xas long as short
Extended EUR-USD+0.0032%1h1.1467−0.275%$6.7M$1.3M100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.246%$9K$78K101xas long as short
Nado EURUSD-PERP+0.0038%1h1.1470−0.250%$466K$156K40xas long as short
Vest EUR-USD-PERPlong+0.0046%1h1.1499long leg$264K100x
Hibachi EUR/USDT-P+0.0056%1h1.1470−0.250%$173K$8.3M30xas long as short
Pacifica EURUSD+0.0100%1h1.1467−0.273%$190K$100K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1477−0.188%$12K10xas long as short
tradeXYZ xyz:EUR+0.0224%1h1.1477−0.188%$23.3M$1.9M50xas long as short
Hotstuff EURUSD-PERP+0.0240%1h1.1477−0.188%$33K50xas long as short