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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0192%/8h= −21.0% APRnext payment $0.24 per $10,000 · paid last 24h −0.031%
Price spread now: HTX against Hotstuff−0.026%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.026% cheaper against Hotstuff than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EURUSD-PERP1.14770.0192pay 0.0024% / 1h24m 51s$33K50x
ShortHTX EURUSD-USDT1.14740get 0.0000% / 1h24m 51s$12K$259K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Hotstuff. 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
−$40.32
Price spread: −0.026% → 0.000%
−$2.61
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$59.93
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; HTX: live order book, 37 min ago. 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 Hotstuff no order-book sample
Sell HTX live order book, 37 min ago5.23 bp32.9 bp −$33doesn't fitdoesn't fitdoesn't fit
Hotstuff: 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−0.0146%4h1.1474−0.026%$6.8M$137K100xas long as short
Nado EURUSD-PERP−0.0003%1h1.1473−0.034%$467K$154K40xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473−0.038%$584K$281K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1473−0.035%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.044%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1470−0.061%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1475−0.017%$2.4M10xas long as short
HTX EURUSD-USDTshort0.0000%1h1.1474−0.026%$12K$259K20x
Extended EUR-USD+0.0032%1h1.1470−0.063%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.092%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1502+0.216%$264K100xas long as short
Pacifica EURUSD+0.0100%1h1.1472−0.044%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1477+0.004%$12K10xas long as short
Kraken Futures PF_EURUSD+0.0119%1h1.1467−0.084%$3K50xas long as short
Hotstuff EURUSD-PERPlong+0.0192%1h1.1477long leg$33K50x
Lighter EURUSD+0.0200%1h1.1482+0.042%$2.1M$444K50xas long as short
Hibachi EUR/USDT-P+0.0200%1h1.1469−0.066%$161K$8.2M30xas long as short
tradeXYZ xyz:EUR+0.0216%1h1.1476−0.009%$23.3M$1.8M50xas long as short