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+0.0282%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.019%
Price spread now: Hotstuff against Vest−0.194%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Hotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.194% cheaper against Vest than usual: you would sell low and buy high (spread −0.194% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 2.3 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest EUR-USD-PERP1.14690.0046pay 0.0006% / 1h35m 16s$224K100x
ShortHotstuff EURUSD-PERP1.14470.0328get 0.0041% / 1h35m 16s$33K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Vest. 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
$59.29
Price spread: −0.194% → 0.000%
−$19.38
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$32.9
Costs to cover
0.070%
Break-even
3.1 days
Slippage unknown: Vest: no order-book sample; Hotstuff: 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 Vest no order-book sample
Sell Hotstuff no order-book sample
Vest and Hotstuff: 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−0.0400%4h1.1441−0.246%$6.8M$141K100xas long as short
Kraken Futures PF_EURUSD−0.0131%1h1.1435−0.301%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1446−0.206%$2.1M$542K50xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1437−0.281%$246K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1443−0.229%$2.3M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1450−0.168%$13K$273K20xas long as short
Bitget EURUSDUSDT+0.0028%8h1.1470+0.007%$263K$25K100xas long as short
Extended EUR-USD+0.0032%1h1.1437−0.278%$6.8M$1.4M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.025%$9K$78K101xas long as short
Vest EUR-USD-PERPlong+0.0046%1h1.1469long leg$224K100x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica EURUSD+0.0100%1h1.1438−0.272%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1442−0.236%$12K10xas long as short
Nado EURUSD-PERP+0.0118%1h1.1440−0.256%$465K$159K40xas long as short
Gate EURUSD_USDT+0.0200%8h1.1460−0.080%$143K$3K100xas long as short
tradeXYZ xyz:EUR+0.0289%1h1.1442−0.237%$23.2M$1.8M50xas long as short
Hotstuff EURUSD-PERPshort+0.0328%1h1.1447−0.194%$33K50x
Hibachi EUR/USDT-P+0.0416%1h1.1443−0.231%$164K$8.4M30xas long as short
Bybit EURUSDUSDT+0.1976%8h1.1473+0.029%$587K$313K100xas long as short