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−0.0130%/8h= −14.3% APRnext payment $0.16 per $10,000 · paid last 24h −0.020%
Price spread now: Vest against Hotstuff+0.204%7-day average · you sell dearer than you buy
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 · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.204% dearer against Hotstuff than usual: you sell high and buy low (spread +0.204% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EURUSD-PERP1.14710.0176pay 0.0022% / 1h32m 51s$33K50x
ShortVest EUR-USD-PERP1.14940.0046get 0.0006% / 1h32m 51s$241K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$27.37
Price spread: +0.204% → 0.000%
$20.44
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$13.92
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample
Hotstuff and Vest: 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−0.0400%4h1.1466−0.044%$6.8M$134K100xas long as short
Kraken Futures PF_EURUSD−0.0020%1h1.1461−0.088%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1481+0.090%$580K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1475+0.035%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1473+0.017%$263K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1463−0.070%$247K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1470−0.009%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1468−0.026%$13K$272K20xas long as short
Extended EUR-USD+0.0032%1h1.1462−0.082%$6.8M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.040%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0042%1h1.1466−0.045%$467K$159K40xas long as short
Vest EUR-USD-PERPshort+0.0046%1h1.1494+0.204%$241K100x
Pacifica EURUSD+0.0100%1h1.1468−0.026%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1473+0.014%$12K10xas long as short
Hotstuff EURUSD-PERPlong+0.0176%1h1.1471long leg$33K50x
Lighter EURUSD+0.0192%1h1.1475+0.035%$2.1M$432K50xas long as short
Hibachi EUR/USDT-P+0.0192%1h1.1465−0.054%$163K$8.3M30xas long as short
tradeXYZ xyz:EUR+0.0213%1h1.1469−0.017%$23.2M$1.6M50xas long as short