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−0.0177%/8h= −19.4% APRnext payment $0.22 per $10,000 · paid last 24h −0.018%
Price spread now: Kraken Futures against Vest−0.297%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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.297% cheaper against Vest than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest EUR-USD-PERP1.14690.0046pay 0.0006% / 1h33m 49s$224K100x
ShortKraken Futures PF_EURUSD1.1435−0.0131pay 0.0016% / 1h33m 49s$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$37.12
Price spread: −0.297% → 0.000%
−$29.65
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$78.77
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Kraken Futures: 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 Kraken Futures no order-book sample
Vest and Kraken Futures: 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%4h1.1439−0.259%$6.8M$141K100xas long as short
Kraken Futures PF_EURUSDshort−0.0131%1h1.1435−0.297%$3K50x
Lighter EURUSD0.0000%1h1.1446−0.201%$2.1M$542K50xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1438−0.268%$246K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1442−0.233%$2.3M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1450−0.163%$13K$273K20xas long as short
Extended EUR-USD+0.0032%1h1.1436−0.287%$6.8M$1.4M100xas long as short
Bitget EURUSDUSDT+0.0033%8h1.1470+0.011%$263K$25K100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.020%$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%1h1.1437−0.275%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1442−0.233%$12K10xas long as short
Nado EURUSD-PERP+0.0115%1h1.1439−0.256%$465K$159K40xas long as short
Gate EURUSD_USDT+0.0200%8h1.1461−0.067%$143K$3K100xas long as short
tradeXYZ xyz:EUR+0.0278%1h1.1443−0.224%$23.2M$1.8M50xas long as short
Hotstuff EURUSD-PERP+0.0328%1h1.1447−0.189%$33K50xas long as short
Hibachi EUR/USDT-P+0.0424%1h1.1442−0.232%$167K$8.4M30xas long as short
Bybit EURUSDUSDT+0.1996%8h1.1472+0.032%$587K$314K100xas long as short