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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against HTX+0.012%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$890.890% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.254%−$25 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.012%, 7d avg +0.014%
Together, before fees−0.280%−$28 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EURUSD-USDT1.14850get 0.0000% / 1h26m 50s$12K$263K20x
ShortBybit EURUSDUSDT1.14860get 0.0000% / 8h2h 26m$579K$311K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
$0
Price spread: +0.012% → +0.014%
−$0.16
Slippage, 4 orders
−$65.95
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$89.11
Costs to cover
0.890%
Break-even
never at this rate
Slippage from HTX: live order book, 20 min ago; Bybit: live order book, 13 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 HTX live order book, 20 min ago6.53 bp26.0 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 13 min ago3.35 bp11.3 bp −$1134.4 bp −$344doesn'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−0.0144%4h1.1479−0.052%$6.8M$134K100xas long as short
Hibachi EUR/USDT-P−0.0144%1h1.1474−0.092%$180K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0132%1h1.1470−0.132%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1485+0.001%$2.2M$431K50xas long as short
Bybit EURUSDUSDTshort0.0000%8h1.1486+0.012%$579K$311K100x
Gate EURUSD_USDT0.0000%8h1.1487+0.017%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1483−0.017%$261K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1474−0.096%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1478−0.061%$2.4M10xas long as short
HTX EURUSD-USDTlong0.0000%1h1.1485long leg$12K$263K20x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1474−0.098%$6.8M$1.2M100xas long as short
Nado EURUSD-PERP+0.0032%1h1.1477−0.070%$467K$153K40xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.162%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1506+0.182%$265K100xas long as short
Pacifica EURUSD+0.0100%1h1.1480−0.044%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1483−0.017%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0112%1h1.1480−0.044%$33K50xas long as short
tradeXYZ xyz:EUR+0.0114%1h1.1478−0.061%$23.3M$1.6M50xas long as short