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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.119%
Price spread now: Pacifica against MEXC−0.014%45s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs+$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.584%+$58 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.014%, 7d avg −0.038%
Together, before fees+0.580%+ Points / potential airdropPacifica: Active · farm board+$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Pacifica is 0.024% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.038%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EUR_USDT1.1471−0.0154get 0.0077% / 4h3h 23m$6.8M$152K100x
ShortPacifica EURUSD1.14690.0100get 0.0013% / 1h23m 51s$190K$126K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. 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
$53.34
Price spread: −0.014% → −0.038%
$2.44
Slippage, 4 orders
−$19.95
Fee MEXC: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$19.83
Costs to cover
0.360%
Break-even
4.4 days
Slippage from MEXC: live order book, 4 min ago; Pacifica: live order book, 49 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 MEXC live order book, 4 min ago0.44 bp4.4 bp −$44.4 bp −$4432.8 bp −$3,281116.9 bp −$58.4K
Sell Pacifica live order book, 49 min ago3.49 bp13.9 bp −$14doesn't fitdoesn'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_USDTlong−0.0154%4h1.1471long leg$6.8M$152K100x
Kraken Futures PF_EURUSD−0.0052%1h1.1464−0.058%$3K50xas long as short
Nado EURUSD-PERP−0.0009%1h1.1472+0.005%$467K$177K40xas long as short
Lighter EURUSD0.0000%1h1.1475+0.038%$2.1M$421K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1470−0.009%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1474+0.026%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.14710.000%$251K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1469−0.017%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1473+0.017%$2.6M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1470−0.009%$13K$257K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1469−0.020%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.005%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1501+0.259%$264K100xas long as short
Hotstuff EURUSD-PERP+0.0056%1h1.1474+0.026%$33K50xas long as short
Pacifica EURUSDshort+0.0100%1h1.1469−0.014%$190K$126K50x
Aevo EURUSD-PERP+0.0104%1h1.1473+0.015%$12K10xas long as short
tradeXYZ xyz:EUR+0.0106%1h1.1473+0.017%$23.2M$1.9M50xas long as short
Hibachi EUR/USDT-P+0.0144%1h1.1469−0.015%$160K$8.3M30xas long as short