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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0156%/8h= −17.1% APRnext payment $0.20 per $10,000 · paid last 24h −0.041%
Price spread now: Extended against tradeXYZ−0.070%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.336% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 7 days−0.007%−$1 · spread now −0.070%, 7d avg −0.068%
Together, before fees−0.048%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EUR1.14780.0188pay 0.0024% / 1h0m 10s$23.3M$1.8M50x
ShortExtended EUR-USD1.14700.0032get 0.0004% / 1h0m 10s$6.7M$1.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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
−$32.79
Price spread: −0.070% → −0.068%
−$0.23
Slippage, 4 orders
−$10.58
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$66.6
Costs to cover
0.336%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Extended: live order book, 4 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 tradeXYZ live order book, 9 min ago0.87 bp11.3 bp −$1117.6 bp −$176doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago0.04 bp4.3 bp −$49.3 bp −$93doesn't fitdoesn't fit

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−0.0176%4h1.1473−0.044%$6.8M$139K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473−0.047%$584K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1474−0.035%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.052%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1470−0.070%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1477−0.009%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1479+0.009%$13K$260K20xas long as short
Nado EURUSD-PERP+0.0007%1h1.1473−0.047%$467K$153K40xas long as short
Extended EUR-USDshort+0.0032%1h1.1470−0.070%$6.7M$1.2M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.101%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1501+0.202%$264K100xas long as short
Hibachi EUR/USDT-P+0.0056%1h1.1470−0.073%$158K$8.2M30xas long as short
Pacifica EURUSD+0.0100%1h1.1472−0.052%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1478−0.004%$12K10xas long as short
Kraken Futures PF_EURUSD+0.0119%1h1.1468−0.083%$3K50xas long as short
Hotstuff EURUSD-PERP+0.0144%1h1.1477−0.009%$33K50xas long as short
Lighter EURUSD+0.0152%1h1.1482+0.033%$2.1M$444K50xas long as short
tradeXYZ xyz:EURlong+0.0188%1h1.1478long leg$23.3M$1.8M50x