EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.043%

Price spread now: Lighter against tradeXYZ+0.033%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.292% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.033%, 7d avg +0.043%

Together, before fees−0.131%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:EUR	1.1478	0.0188	pay 0.0023% / 1h	0m 01s	$23.3M	$1.8M	50x
Short	Lighter EURUSD	1.1482	0.0152	get 0.0019% / 1h	0m 01s	$2.1M	$444K	50x

Funding history

latest

Range statsloading…

Lighter against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee tradeXYZbpFee LighterbpOrdersPrice spread, now +0.033%Rate

Slippage from tradeXYZ: live order book, 9 min ago; Lighter: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 9 min ago	0.87 bp	11.3 bp −$11	17.6 bp −$176	doesn't fit	doesn't fit
Sell Lighter live order book, 2 min ago	1.39 bp	2.3 bp −$2	5.4 bp −$54	41.2 bp −$4,119	doesn't fit

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
MEXC EUR_USDT	−0.0176%	4h	1.1473	−0.044%	$6.8M	$139K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1473	−0.047%	$584K	$223K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1474	−0.035%	$144K	$5K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1473	−0.044%	$253K	$20K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1470	−0.070%	$198K	$111K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1477	−0.009%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1479	+0.009%	$13K	$260K	20x	as long as short
Nado EURUSD-PERP	+0.0007%	1h	1.1473	−0.047%	$467K	$153K	40x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1470	−0.070%	$6.7M	$1.2M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	−0.101%	$9K	$78K	101x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EUR-USD-PERP	+0.0046%	1h	1.1501	+0.202%	—	$264K	100x	as long as short
Hibachi EUR/USDT-P	+0.0056%	1h	1.1470	−0.073%	$158K	$8.2M	30x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1472	−0.052%	$190K	$61K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1478	−0.004%	$12K	—	10x	as long as short
Kraken Futures PF_EURUSD	+0.0119%	1h	1.1468	−0.083%	$3K	—	50x	as long as short
Hotstuff EURUSD-PERP	+0.0144%	1h	1.1477	−0.009%	$33K	—	50x	as long as short
Lighter EURUSDshort	+0.0152%	1h	1.1482	+0.033%	$2.1M	$444K	50x
tradeXYZ xyz:EURlong	+0.0188%	1h	1.1478	long leg	$23.3M	$1.8M	50x