EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: Pacifica against Extended+0.055%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.055%, 7d avg +0.026%

Together, before fees+0.136%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.029% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended EUR-USD	1.1463	0.0032	pay 0.0004% / 1h	41m 15s	$6.8M	$1.2M	100x
Short	Pacifica EURUSD	1.1469	0.0100	get 0.0013% / 1h	41m 15s	$191K	$60K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee ExtendedbpFee PacificabpOrdersPrice spread, now +0.055%Rate

Funding earned: $14.28
Price spread: +0.055% → +0.026%: $2.89
Slippage, 4 orders: −$27.25
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23.08
Costs to cover: 0.402%
Break-even: 18.3 days

Slippage from Extended: live order book, 3 min ago; Pacifica: 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, 3 min ago	0.09 bp	5.6 bp −$6	8.1 bp −$81	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	2.18 bp	14.1 bp −$14	doesn't fit	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
Kraken Futures PF_EURUSD	−0.0228%	1h	1.1466	+0.028%	$3K	—	50x	as long as short
MEXC EUR_USDT	−0.0198%	4h	1.1470	+0.064%	$6.8M	$134K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1486	+0.205%	$579K	$311K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1478	+0.133%	$144K	$6K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1476	+0.116%	$261K	$25K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1463	+0.003%	$198K	$73K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1474	+0.099%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1474	+0.099%	$12K	$266K	20x	as long as short
Extended EUR-USDlong	+0.0032%	1h	1.1463	long leg	$6.8M	$1.2M	100x
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	+0.032%	$9K	$78K	101x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EUR-USD-PERP	+0.0046%	1h	1.1495	+0.282%	—	$241K	100x	as long as short
Pacifica EURUSDshort	+0.0100%	1h	1.1469	+0.055%	$191K	$60K	50x
Aevo EURUSD-PERP	+0.0104%	1h	1.1476	+0.117%	$12K	—	10x	as long as short
Nado EURUSD-PERP	+0.0107%	1h	1.1466	+0.032%	$467K	$154K	40x	as long as short
tradeXYZ xyz:EUR	+0.0233%	1h	1.1474	+0.099%	$23.2M	$1.6M	50x	as long as short
Hibachi EUR/USDT-P	+0.0248%	1h	1.1466	+0.033%	$183K	$8.3M	30x	as long as short
Lighter EURUSD	+0.0256%	1h	1.1479	+0.138%	$2.2M	$408K	50x	as long as short
Hotstuff EURUSD-PERP	+0.0256%	1h	1.1473	+0.090%	$33K	—	50x	as long as short