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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.06 per $10,000 · paid last 24h −0.013%
Price spread now: SunX against Vest−0.186%49s7-day average −0.212% · 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 3 days (all we have)−0.044%−$4 on $10k
Price spread, last 3 days (all we have)−0.074%−$7 · spread now −0.186%, 7d avg −0.212%
Together, before fees−0.118%+ Points / potential airdropVest: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.025% dearer against Vest than usual: you sell high and buy low (spread −0.186% now, against its 7-day average of −0.212%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 hours. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest EUR-USD-PERP1.14950.0046pay 0.0006% / 1h13m 29s$264K100x
ShortSunX EURUSD-USDT1.14740get 0.0000% / 1h13m 29s$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$9.59
Price spread: −0.186% → −0.212%
$2.53
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee SunX: 4 bp × 2 orders
−$8
Net
−$17.06
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; SunX: live order book, 3 min ago. 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 SunX live order book, 3 min ago80.60 bp99.4 bp −$99doesn't fitdoesn't fitdoesn't fit
Vest: 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
Kraken Futures PF_EURUSD−0.0211%1h1.1466−0.254%$3K50xas long as short
MEXC EUR_USDT−0.0176%4h1.1468−0.238%$6.8M$141K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1472−0.202%$582K$280K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476−0.169%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471−0.212%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1464−0.273%$198K$111K50xas long as short
SunX EURUSD-USDTshort0.0000%1h1.1474−0.186%$2.5M10x
HTX EURUSD-USDT0.0000%1h1.1476−0.169%$12K$256K20xas long as short
Extended EUR-USD+0.0032%1h1.1464−0.277%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.217%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0046%1h1.1466−0.252%$466K$155K40xas long as short
Vest EUR-USD-PERPlong+0.0046%1h1.1495long leg$264K100x
Pacifica EURUSD+0.0100%1h1.1467−0.247%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1475−0.174%$12K10xas long as short
Lighter EURUSD+0.0152%1h1.1478−0.150%$2.1M$441K50xas long as short
Hibachi EUR/USDT-P+0.0176%1h1.1469−0.233%$171K$8.3M30xas long as short
tradeXYZ xyz:EUR+0.0252%1h1.1474−0.186%$23.3M$1.8M50xas long as short
Hotstuff EURUSD-PERP+0.0256%1h1.1475−0.177%$33K50xas long as short