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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.013%
Price spread now: Vest against Bybit+0.271%47s7-day average +0.241% · 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 3 days (all we have)+0.257%+$26 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.271%, 7d avg +0.241%
Together, before fees+0.237%+ Points / potential airdropVest: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.241%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EURUSDUSDT1.14730get 0.0000% / 8h4h 34m$584K$223K100x
ShortVest EUR-USD-PERP1.15040.0046get 0.0006% / 1h34m 43s$264K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Bybit. 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: +0.271% → +0.241%
$2.99
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Vest: 1 bp × 2 orders
−$2
Net
−$0.42
Costs to cover
0.130%
Break-even
7.3 days
Slippage unknown: Bybit: live order book, 15 min ago; Vest: 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 Bybit live order book, 15 min ago4.49 bp19.7 bp −$2045.9 bp −$459doesn't fitdoesn't fit
Sell Vest no order-book sample
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
MEXC EUR_USDT−0.0164%4h1.1475+0.021%$6.8M$134K100xas long as short
Kraken Futures PF_EURUSD−0.0062%1h1.1468−0.037%$3K50xas long as short
Hibachi EUR/USDT-P−0.0032%1h1.1471−0.014%$163K$8.2M30xas long as short
Nado EURUSD-PERP−0.0004%1h1.1475+0.019%$467K$153K40xas long as short
Bybit EURUSDUSDTlong0.0000%8h1.1473long leg$584K$223K100x
Gate EURUSD_USDT0.0000%8h1.1474+0.012%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1473+0.003%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1472−0.005%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1476+0.030%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1484+0.099%$12K$261K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1471−0.010%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0039%1h1.1466−0.054%$9K$78K101xas long as short
Vest EUR-USD-PERPshort+0.0046%1h1.1504+0.271%$264K100x
Lighter EURUSD+0.0056%1h1.1483+0.088%$2.1M$435K50xas long as short
Pacifica EURUSD+0.0100%1h1.1474+0.012%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1479+0.056%$12K10xas long as short
tradeXYZ xyz:EUR+0.0131%1h1.1476+0.030%$23.3M$1.8M50xas long as short
Hotstuff EURUSD-PERP+0.0144%1h1.1478+0.047%$33K50xas long as short