Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Extended+0.052%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$440.437% of the position
Funding, last 7 days−0.313%−$31 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.052%, 7d avg +0.035%
=Together, before fees−0.299%+ Points / potential airdropExtended: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended EUR-USD | 1.1475 | 0.0032 | pay 0.0004% / 1h | 42m 45s | $6.7M | $1.2M | 100x |
| Short | Bybit EURUSDUSDT | 1.1481 | 0 | get 0.0000% / 8h | 3h 42m | $585K | $223K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.72
- Price spread: +0.052% → +0.035%
- $1.71
- Slippage, 4 orders
- −$27.69
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$48.71
- Costs to cover
- 0.437%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Bybit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 1 min ago | 0.26 bp | 6.5 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.92 bp | 13.0 bp −$13 | 34.9 bp −$349 | doesn't fit | doesn't fit |
EUR on 18 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi EUR/USDT-P | −0.0200% | 1h | 1.1471 | −0.027% | $166K | $8.3M | 30x | as long as short |
| Kraken Futures PF_EURUSD | −0.0179% | 1h | 1.1473 | −0.011% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0146% | 4h | 1.1477 | +0.021% | $6.8M | $132K | 100x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1485 | +0.094% | $2.1M | $415K | 50x | as long as short |
| Bybit EURUSDUSDTshort | 0.0000% | 8h | 1.1481 | +0.052% | $585K | $223K | 100x | |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1479 | +0.039% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1476 | +0.013% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1475 | +0.004% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1481 | +0.056% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1481 | +0.056% | $12K | $264K | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0015% | 1h | 1.1477 | +0.023% | $467K | $153K | 40x | as long as short |
| Extended EUR-USDlong | +0.0032% | 1h | 1.1475 | long leg | $6.7M | $1.2M | 100x | |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.071% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1506 | +0.274% | — | $265K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1478 | +0.030% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1482 | +0.062% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0144% | 1h | 1.1482 | +0.065% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0193% | 1h | 1.1481 | +0.056% | $23.3M | $1.7M | 50x | as long as short |
Extended EUR-USD
Bybit EURUSDUSDT
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Lighter EURUSD
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Injective EURUSD/USDC PERP
Pacifica EURUSD
tradeXYZ xyz:EUR