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

EURC

all EURC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h
Price spread now: Coinbase International against Deribit+0.017%7-day average · you sell dearer than you buy
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 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EURC_USDC-PERPETUAL1.14640get 0.0000% / 1h45m 35s50x
ShortCoinbase International EURC-PERP-INTX1.14660.0008get 0.0001% / 1h45m 35s$1.4M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
$1.68
Price spread: +0.017% → 0.000%
$1.74
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$13.58
Costs to cover
0.170%
Break-even
63.6 days
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 3 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 Deribit no order-book sample
Sell Coinbase International live order book, 3 min ago0.44 bp5.4 bp −$55.4 bp −$545.5 bp −$551doesn't fit
Deribit: 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.

EURC on 2 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
Deribit EURC_USDC-PERPETUALlong0.0000%1h1.1464long leg50x
Coinbase International EURC-PERP-INTXshort+0.0008%1h1.1466+0.017%$1.4M$1.0M50x