Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against Pacifica+0.236%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.185%−$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 0.236% dearer against Pacifica than usual: you sell high and buy low (spread +0.236% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica EURUSD | 1.1439 | 0.0100 | pay 0.0013% / 1h | 21m 16s | $191K | $60K | 50x |
| Short | Injective EURUSD/USDC PERP | 1.1466 | 0.0033 | get 0.0004% / 1h | 21m 16s | $9K | $78K | 101x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +0.236% → 0.000%
- $23.63
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1.61
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 12 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 12 min ago | 2.62 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0131% | 1h | 1.1434 | −0.048% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0024% | 4h | 1.1441 | +0.014% | $6.8M | $142K | 100x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1447 | +0.068% | $2.1M | $554K | 50x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1439 | −0.003% | $246K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1442 | +0.023% | — | $2.2M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1452 | +0.110% | $12K | $274K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1439 | −0.006% | $6.8M | $1.4M | 100x | as long as short |
| Injective EURUSD/USDC PERPshort | +0.0033% | 1h | 1.1466 | +0.236% | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1470 | +0.272% | — | $224K | 100x | as long as short |
| Nado EURUSD-PERP | +0.0077% | 1h | 1.1442 | +0.019% | $193K | $296K | 40x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EURUSDUSDT | +0.0086% | 8h | 1.1470 | +0.268% | $263K | $27K | 100x | as long as short |
| Pacifica EURUSDlong | +0.0100% | 1h | 1.1439 | long leg | $191K | $60K | 50x | |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1444 | +0.043% | $12K | — | 10x | as long as short |
| Gate EURUSD_USDT | +0.0200% | 8h | 1.1462 | +0.198% | $144K | $3K | 100x | as long as short |
| tradeXYZ xyz:EUR | +0.0216% | 1h | 1.1442 | +0.023% | $23.1M | $1.9M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0256% | 1h | 1.1445 | +0.049% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0464% | 1h | 1.1443 | +0.028% | $158K | $8.4M | 30x | as long as short |
| Bybit EURUSDUSDT | +0.1903% | 8h | 1.1473 | +0.291% | $606K | $324K | 100x | as long as short |
Pacifica EURUSD
Injective EURUSD/USDC PERP
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Lighter EURUSD
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Bitget EURUSDUSDT
Gate EURUSD_USDT
tradeXYZ xyz:EUR
Bybit EURUSDUSDT