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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.185%−$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica EURUSD1.14390.0100pay 0.0013% / 1h21m 16s$191K$60K50x
ShortInjective EURUSD/USDC PERP1.14660.0033get 0.0004% / 1h21m 16s$9K$78K101x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 12 min ago2.62 bp13.4 bp −$13doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_EURUSD−0.0131%1h1.1434−0.048%$3K50xas long as short
MEXC EUR_USDT−0.0024%4h1.1441+0.014%$6.8M$142K100xas long as short
Lighter EURUSD0.0000%1h1.1447+0.068%$2.1M$554K50xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1439−0.003%$246K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1442+0.023%$2.2M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1452+0.110%$12K$274K20xas long as short
Extended EUR-USD+0.0032%1h1.1439−0.006%$6.8M$1.4M100xas long as short
Injective EURUSD/USDC PERPshort+0.0033%1h1.1466+0.236%$9K$78K101x
Vest EUR-USD-PERP+0.0046%1h1.1470+0.272%$224K100xas long as short
Nado EURUSD-PERP+0.0077%1h1.1442+0.019%$193K$296K40xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget EURUSDUSDT+0.0086%8h1.1470+0.268%$263K$27K100xas long as short
Pacifica EURUSDlong+0.0100%1h1.1439long leg$191K$60K50x
Aevo EURUSD-PERP+0.0104%1h1.1444+0.043%$12K10xas long as short
Gate EURUSD_USDT+0.0200%8h1.1462+0.198%$144K$3K100xas long as short
tradeXYZ xyz:EUR+0.0216%1h1.1442+0.023%$23.1M$1.9M50xas long as short
Hotstuff EURUSD-PERP+0.0256%1h1.1445+0.049%$33K50xas long as short
Hibachi EUR/USDT-P+0.0464%1h1.1443+0.028%$158K$8.4M30xas long as short
Bybit EURUSDUSDT+0.1903%8h1.1473+0.291%$606K$324K100xas long as short