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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.012%
Price spread now: Nado against Extended+0.037%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$160.163% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.058%−$6 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.037%, 7d avg +0.024%
Together, before fees−0.040%+ Points / potential airdropExtended: Active · Nado: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EUR-USD1.14620.0032pay 0.0004% / 1h33m 04s$6.8M$1.3M100x
ShortNado EURUSD-PERP1.14660.0042get 0.0005% / 1h33m 04s$467K$159K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$2.2
Price spread: +0.037% → +0.024%
$1.34
Slippage, 4 orders
−$9.95
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$12.81
Costs to cover
0.163%
Break-even
47.7 days
Slippage from Extended: live order book, 6 min ago; Nado: live order book, 5 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, 6 min ago0.04 bp5.5 bp −$68.5 bp −$85doesn't fitdoesn't fit
Sell Nado live order book, 5 min ago0.52 bp1.2 bp −$12.0 bp −$20doesn'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
MEXC EUR_USDT−0.0400%4h1.1466+0.038%$6.8M$134K100xas long as short
Kraken Futures PF_EURUSD−0.0020%1h1.1461−0.006%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1481+0.167%$580K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1475+0.117%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1473+0.099%$263K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1463+0.012%$247K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1470+0.073%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1468+0.056%$13K$272K20xas long as short
Extended EUR-USDlong+0.0032%1h1.1462long leg$6.8M$1.3M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1466+0.042%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERPshort+0.0042%1h1.1466+0.037%$467K$159K40x
Vest EUR-USD-PERP+0.0046%1h1.1494+0.287%$241K100xas long as short
Pacifica EURUSD+0.0100%1h1.1468+0.056%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1473+0.096%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0176%1h1.1471+0.082%$33K50xas long as short
Lighter EURUSD+0.0192%1h1.1475+0.119%$2.1M$432K50xas long as short
Hibachi EUR/USDT-P+0.0192%1h1.1465+0.028%$163K$8.3M30xas long as short
tradeXYZ xyz:EUR+0.0214%1h1.1469+0.065%$23.2M$1.6M50xas long as short