Funding arb · Price arb /

EUR

RWAall EUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Bitget+0.048%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.048% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EURUSDUSDT	1.1473	0	get 0.0000% / 8h	4h 39m	$253K	$20K	100x
Short	Aevo EURUSD-PERP	1.1479	0.0104	get 0.0013% / 1h	39m 30s	$12K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee AevobpOrdersPrice spread, now +0.048%Rate

Funding earned: $21.84
Price spread: +0.048% → 0.000%: $4.81
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1.35
Costs to cover: 0.280%
Break-even: 7.4 days

Slippage unknown: Bitget: live order book, 10 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 10 min ago	1.31 bp	7.4 bp −$7	9.4 bp −$94	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EUR_USDT	−0.0178%	4h	1.1474	+0.009%	$6.8M	$134K	100x	as long as short
Kraken Futures PF_EURUSD	−0.0062%	1h	1.1468	−0.040%	$3K	—	50x	as long as short
Hibachi EUR/USDT-P	−0.0024%	1h	1.1470	−0.024%	$161K	$8.2M	30x	as long as short
Nado EURUSD-PERP	−0.0001%	1h	1.1474	+0.005%	$467K	$153K	40x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1473	−0.003%	$584K	$223K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1474	+0.009%	$144K	$5K	100x	as long as short
Bitget EURUSDUSDTlong	0.0000%	8h	1.1473	long leg	$253K	$20K	100x
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1471	−0.017%	$198K	$111K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1477	+0.035%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1494	+0.183%	$12K	$261K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EUR-USD	+0.0032%	1h	1.1471	−0.019%	$6.7M	$1.2M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0039%	1h	1.1466	−0.058%	$9K	$78K	101x	as long as short
Vest EUR-USD-PERP	+0.0046%	1h	1.1503	+0.257%	—	$264K	100x	as long as short
Lighter EURUSD	+0.0064%	1h	1.1482	+0.080%	$2.1M	$435K	50x	as long as short
Hotstuff EURUSD-PERP	+0.0064%	1h	1.1477	+0.035%	$33K	—	50x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1474	+0.009%	$190K	$61K	50x	as long as short
Aevo EURUSD-PERPshort	+0.0104%	1h	1.1479	+0.048%	$12K	—	10x
tradeXYZ xyz:EUR	+0.0138%	1h	1.1477	+0.035%	$23.3M	$1.8M	50x	as long as short