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

EUR

RWAall EUR markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EUR-USD1.14750.0032pay 0.0004% / 1h42m 45s$6.7M$1.2M100x
ShortBybit EURUSDUSDT1.14810get 0.0000% / 8h3h 42m$585K$223K100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago0.26 bp6.5 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.92 bp13.0 bp −$1334.9 bp −$349doesn't fitdoesn't fit

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
Hibachi EUR/USDT-P−0.0200%1h1.1471−0.027%$166K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0179%1h1.1473−0.011%$3K50xas long as short
MEXC EUR_USDT−0.0146%4h1.1477+0.021%$6.8M$132K100xas long as short
Lighter EURUSD0.0000%1h1.1485+0.094%$2.1M$415K50xas long as short
Bybit EURUSDUSDTshort0.0000%8h1.1481+0.052%$585K$223K100x
Gate EURUSD_USDT0.0000%8h1.1479+0.039%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1476+0.013%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1475+0.004%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1481+0.056%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1481+0.056%$12K$264K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0015%1h1.1477+0.023%$467K$153K40xas long as short
Extended EUR-USDlong+0.0032%1h1.1475long leg$6.7M$1.2M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.071%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1506+0.274%$265K100xas long as short
Pacifica EURUSD+0.0100%1h1.1478+0.030%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1482+0.062%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0144%1h1.1482+0.065%$33K50xas long as short
tradeXYZ xyz:EUR+0.0193%1h1.1481+0.056%$23.3M$1.7M50xas long as short