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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: Pacifica against Injective+0.097%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 7 days+0.185%+$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.097% dearer against Injective than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EURUSD/USDC PERP1.14660.0033pay 0.0004% / 1h46m 01s$9K$78K101x
ShortPacifica EURUSD1.14780.0100get 0.0013% / 1h46m 01s$191K$63K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Injective. 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
$14
Price spread: +0.097% → 0.000%
$9.72
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$15.7
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 2 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 Injective no order-book sample
Sell Pacifica live order book, 2 min ago3.05 bp14.6 bp −$15doesn't fitdoesn't fitdoesn't fit
Injective: 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−0.0386%4h1.1479+0.110%$6.8M$133K100xas long as short
Hibachi EUR/USDT-P−0.0232%1h1.1476+0.084%$163K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0132%1h1.1475+0.075%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1487+0.181%$2.1M$412K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1482+0.140%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1481+0.127%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1479+0.110%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1477+0.092%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1483+0.145%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1482+0.136%$13K$263K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0010%1h1.1480+0.123%$467K$153K40xas long as short
Extended EUR-USD+0.0032%1h1.1477+0.092%$6.8M$1.2M100xas long as short
Injective EURUSD/USDC PERPlong+0.0033%1h1.1466long leg$9K$78K101x
Vest EUR-USD-PERP+0.0046%1h1.1509+0.375%$265K100xas long as short
Hotstuff EURUSD-PERP+0.0072%1h1.1483+0.145%$33K50xas long as short
Pacifica EURUSDshort+0.0100%1h1.1478+0.097%$191K$63K50x
tradeXYZ xyz:EUR+0.0102%1h1.1483+0.145%$23.3M$1.6M50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1485+0.160%$12K10xas long as short