EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.005%

Price spread now: HTX against Lighter−0.021%7-day average −0.098% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$640.636% of the position

Long on Lighter Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 3 days (all we have)−0.058%−$6 · spread now −0.021%, 7d avg −0.098%

Together, before fees−0.042%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.077% dearer against Lighter than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.098%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter EURUSD	1.1478	0.0152	pay 0.0019% / 1h	14m 21s	$2.1M	$441K	50x
Short	HTX EURUSD-USDT	1.1476	0	get 0.0000% / 1h	14m 21s	$12K	$256K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Lighter. 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 LighterbpFee HTXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$31.92
Price spread: −0.021% → −0.098%: $7.74
Slippage, 4 orders: −$51.59
Fee Lighter: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$87.77
Costs to cover: 0.636%
Break-even: never at this rate

Slippage from Lighter: live order book, 2 min ago; HTX: live order book, 52 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 Lighter live order book, 2 min ago	1.04 bp	3.0 bp −$3	11.1 bp −$111	69.7 bp −$6,971	doesn't fit
Sell HTX live order book, 52 min ago	6.54 bp	32.4 bp −$32	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	−0.0211%	1h	1.1466	−0.106%	$3K	—	50x	as long as short
MEXC EUR_USDT	−0.0180%	4h	1.1467	−0.099%	$6.8M	$141K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1472	−0.056%	$582K	$280K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1476	−0.021%	$142K	$4K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1471	−0.064%	$253K	$21K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1464	−0.125%	$198K	$111K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1474	−0.038%	—	$2.5M	10x	as long as short
HTX EURUSD-USDTshort	0.0000%	1h	1.1476	−0.021%	$12K	$256K	20x
Extended EUR-USD	+0.0032%	1h	1.1464	−0.127%	$6.7M	$1.3M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1470	−0.070%	$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
Nado EURUSD-PERP	+0.0045%	1h	1.1467	−0.098%	$466K	$155K	40x	as long as short
Vest EUR-USD-PERP	+0.0046%	1h	1.1496	+0.150%	—	$264K	100x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1468	−0.091%	$190K	$61K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1475	−0.026%	$12K	—	10x	as long as short
Lighter EURUSDlong	+0.0152%	1h	1.1478	long leg	$2.1M	$441K	50x
Hibachi EUR/USDT-P	+0.0176%	1h	1.1469	−0.085%	$171K	$8.3M	30x	as long as short
tradeXYZ xyz:EUR	+0.0252%	1h	1.1474	−0.038%	$23.3M	$1.8M	50x	as long as short
Hotstuff EURUSD-PERP	+0.0256%	1h	1.1475	−0.030%	$33K	—	50x	as long as short