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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Vest against Nado+0.251%7-day average +0.275% · 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 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.251%, 7d avg +0.275%
Together, before fees+0.009%+ Points / potential airdropNado: Active · Vest: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.024% cheaper against Nado than usual: you would sell low and buy high (spread +0.251% now, against its 7-day average of +0.275%). If the spread goes back, that is −$2 on $10k: about 39 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EURUSD-PERP1.1474−0.0004get 0.0000% / 1h32m 43s$467K$153K40x
ShortVest EUR-USD-PERP1.15030.0046get 0.0006% / 1h32m 43s$264K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$10.42
Price spread: +0.251% → +0.275%
−$2.42
Slippage, 4 orders
no order book: not counted
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee Vest: 1 bp × 2 orders
−$2
Net
$4.59
Costs to cover
0.034%
Break-even
3.9 days
Slippage unknown: Nado: live order book, 25 min ago; Vest: no order-book sample. 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 Nado live order book, 25 min ago1.18 bp2.9 bp −$33.8 bp −$38doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0158%4h1.1475+0.005%$6.8M$134K100xas long as short
Kraken Futures PF_EURUSD−0.0062%1h1.1468−0.056%$3K50xas long as short
Hibachi EUR/USDT-P−0.0032%1h1.1471−0.033%$163K$8.2M30xas long as short
Nado EURUSD-PERPlong−0.0004%1h1.1474long leg$467K$153K40x
Bybit EURUSDUSDT0.0000%8h1.1473−0.011%$584K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1475+0.005%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1474−0.004%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1471−0.030%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1477+0.022%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1494+0.170%$12K$262K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1472−0.019%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0039%1h1.1466−0.070%$9K$78K101xas long as short
Vest EUR-USD-PERPshort+0.0046%1h1.1503+0.251%$264K100x
Lighter EURUSD+0.0048%1h1.1483+0.074%$2.1M$435K50xas long as short
Hotstuff EURUSD-PERP+0.0088%1h1.1477+0.022%$33K50xas long as short
Pacifica EURUSD+0.0100%1h1.1474−0.004%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1479+0.038%$12K10xas long as short
tradeXYZ xyz:EUR+0.0128%1h1.1477+0.022%$23.3M$1.8M50xas long as short