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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Lighter against SunX+0.044%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2022.023% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.044%, 7d avg +0.054%
Together, before fees+0.051%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EURUSD-USDT1.14700get 0.0000% / 1h54m 26s$1.6M10x
ShortLighter EURUSD1.14750get 0.0000% / 1h54m 26s$2.1M$501K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$0
Price spread: +0.044% → +0.054%
−$0.92
Slippage, 4 orders
−$194.33
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$203.25
Costs to cover
2.023%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; Lighter: live order book, 5 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 SunX live order book, 5 min ago81.07 bp98.8 bp −$99doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago0.96 bp1.0 bp −$17.0 bp −$7042.6 bp −$4,265doesn't fit

EUR on 18 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EURUSD-PERP−0.0800%1h1.14700.000%$33K50xas long as short
MEXC EUR_USDT−0.0150%4h1.1467−0.026%$6.8M$144K100xas long as short
Kraken Futures PF_EURUSD−0.0112%1h1.1462−0.070%$3K50xas long as short
Nado EURUSD-PERP−0.0012%1h1.1469−0.005%$191K$293K40xas long as short
Lighter EURUSDshort0.0000%1h1.1475+0.044%$2.1M$501K50x
Bybit EURUSDUSDT0.0000%8h1.1486+0.136%$625K$351K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1473+0.026%$144K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1475+0.044%$261K$26K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1465−0.044%$247K$122K50xas long as short
SunX EURUSD-USDTlong0.0000%1h1.1470long leg$1.6M10x
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EURUSD-USDT0.0000%1h1.14700.000%$12K$271K20xas long as short
Extended EUR-USD+0.0032%1h1.1465−0.042%$6.8M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.031%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1497+0.236%$190K100xas long as short
tradeXYZ xyz:EUR+0.0075%1h1.14700.000%$22.9M$1.7M50xas long as short
Pacifica EURUSD+0.0100%1h1.1466−0.031%$196K$64K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1471+0.013%$12K10xas long as short
Hibachi EUR/USDT-P+0.0256%1h1.1467−0.025%$216K$8.5M30xas long as short