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+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against SunX−0.023%7-day average · you buy dearer than you sell
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+0.067%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 0.023% cheaper against SunX than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EURUSD-USDT1.14730get 0.0000% / 1h47m 12s$2.6M10x
ShortInjective EURUSD/USDC PERP1.14700.0033get 0.0004% / 1h47m 12s$9K$78K101x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against SunX. 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
$7
Price spread: −0.023% → 0.000%
−$2.27
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$3.29
Costs to cover
0.080%
Break-even
10.3 days
Slippage unknown: SunX: live order book, 10 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 SunX live order book, 10 min ago81.50 bp99.3 bp −$99doesn'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
MEXC EUR_USDT−0.0126%4h1.1470−0.026%$6.8M$150K100xas long as short
Kraken Futures PF_EURUSD−0.0052%1h1.1464−0.075%$3K50xas long as short
Nado EURUSD-PERP−0.0017%1h1.1470−0.025%$466K$177K40xas long as short
Lighter EURUSD0.0000%1h1.1474+0.010%$2.1M$413K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1469−0.031%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476+0.026%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471−0.017%$251K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1468−0.044%$198K$111K50xas long as short
SunX EURUSD-USDTlong0.0000%1h1.1473long leg$2.6M10x
HTX EURUSD-USDT0.0000%1h1.1471−0.017%$12K$258K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1468−0.045%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERPshort+0.0033%1h1.1470−0.023%$9K$78K101x
Vest EUR-USD-PERP+0.0046%1h1.1499+0.230%$264K100xas long as short
Pacifica EURUSD+0.0100%1h1.1468−0.041%$190K$127K50xas long as short
Hotstuff EURUSD-PERP+0.0104%1h1.1474+0.009%$33K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1472−0.005%$12K10xas long as short
tradeXYZ xyz:EUR+0.0123%1h1.14730.000%$23.2M$2.4M50xas long as short
Hibachi EUR/USDT-P+0.0216%1h1.1468−0.044%$160K$8.3M30xas long as short