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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.022%
Price spread now: Extended against Aevo−0.058%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.058% cheaper against Aevo than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo EURUSD-PERP1.14790.0104pay 0.0013% / 1h36m 56s$12K10x
ShortExtended EUR-USD1.14720.0032get 0.0004% / 1h36m 56s$6.7M$1.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aevo. 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
−$15.12
Price spread: −0.058% → 0.000%
−$5.81
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$41.93
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 2 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 Aevo no order-book sample
Sell Extended live order book, 2 min ago0.04 bp2.7 bp −$37.7 bp −$77doesn't fitdoesn't fit
Aevo: 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−0.0172%4h1.1475−0.031%$6.8M$134K100xas long as short
Kraken Futures PF_EURUSD−0.0062%1h1.1468−0.088%$3K50xas long as short
Hibachi EUR/USDT-P−0.0032%1h1.1470−0.072%$161K$8.2M30xas long as short
Nado EURUSD-PERP−0.0003%1h1.1474−0.041%$467K$153K40xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473−0.052%$584K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1475−0.031%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1474−0.039%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1472−0.057%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1476−0.022%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1470−0.074%$13K$261K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USDshort+0.0032%1h1.1472−0.058%$6.7M$1.2M100x
Injective EURUSD/USDC PERP+0.0039%1h1.1466−0.106%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1503+0.211%$264K100xas long as short
Lighter EURUSD+0.0056%1h1.1483+0.040%$2.1M$435K50xas long as short
Hotstuff EURUSD-PERP+0.0064%1h1.1477−0.013%$33K50xas long as short
Pacifica EURUSD+0.0100%1h1.1474−0.039%$190K$61K50xas long as short
Aevo EURUSD-PERPlong+0.0104%1h1.1479long leg$12K10x
tradeXYZ xyz:EUR+0.0136%1h1.1478−0.005%$23.3M$1.8M50xas long as short