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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Nado+0.050%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2052.046% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.012%−$1 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.050%, 7d avg +0.042%
Together, before fees−0.041%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EURUSD-PERP1.1473−0.0005get 0.0001% / 1h59m 16s$467K$175K40x
ShortSunX EURUSD-USDT1.14790get 0.0000% / 1h59m 16s$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Nado. 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
$0.98
Price spread: +0.050% → +0.042%
$0.77
Slippage, 4 orders
−$195.24
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$202.89
Costs to cover
2.046%
Break-even
1451.9 days
Slippage from Nado: live order book, 9 min ago; SunX: live order book, 8 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 Nado live order book, 9 min ago1.13 bp2.6 bp −$33.5 bp −$35doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago81.46 bp100.3 bp −$100doesn'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
Kraken Futures PF_EURUSD−0.0211%1h1.1471−0.022%$3K50xas long as short
MEXC EUR_USDT−0.0134%4h1.1473−0.003%$6.8M$138K100xas long as short
Nado EURUSD-PERPlong−0.0005%1h1.1473long leg$467K$175K40x
Lighter EURUSD0.0000%1h1.1479+0.052%$2.1M$441K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1471−0.017%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476+0.024%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1473−0.003%$251K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1470−0.029%$198K$111K50xas long as short
SunX EURUSD-USDTshort0.0000%1h1.1479+0.050%$2.5M10x
HTX EURUSD-USDT0.0000%1h1.1479+0.050%$13K$258K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1470−0.028%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.025%$9K$78K101xas long as short
Hibachi EUR/USDT-P+0.0040%1h1.1470−0.028%$160K$8.3M30xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1502+0.247%$264K100xas long as short
Pacifica EURUSD+0.0100%1h1.1471−0.016%$190K$126K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1478+0.043%$12K10xas long as short
tradeXYZ xyz:EUR+0.0175%1h1.1479+0.050%$23.2M$1.9M50xas long as short
Hotstuff EURUSD-PERP+0.0176%1h1.1480+0.058%$33K50xas long as short