Funding arb · Price arb /

EUR

RWAall EUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget0.000%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$700.696% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now 0.000%, 7d avg +0.069%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.069% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EURUSDUSDT	1.1477	0	get 0.0000% / 8h	1h 48m	$261K	$25K	100x
Short	Gate EURUSD_USDT	1.1477	0	get 0.0000% / 8h	1h 48m	$144K	$6K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.069%: −$6.91
Slippage, 4 orders: −$42.65
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$76.55
Costs to cover: 0.696%
Break-even: never at this rate

Slippage from Bitget: live order book, 51 min ago; Gate: live order book, 52 min ago.

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, 51 min ago	1.31 bp	7.5 bp −$8	9.5 bp −$95	doesn't fit	doesn't fit
Sell Gate live order book, 52 min ago	9.14 bp	33.0 bp −$33	210.4 bp −$2,104	doesn't fit	doesn't fit

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
Kraken Futures PF_EURUSD	−0.0228%	1h	1.1464	−0.111%	$3K	—	50x	as long as short
MEXC EUR_USDT	−0.0186%	4h	1.1470	−0.061%	$6.8M	$134K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1486	+0.078%	$579K	$311K	100x	as long as short
Gate EURUSD_USDTshort	0.0000%	8h	1.1477	0.000%	$144K	$6K	100x
Bitget EURUSDUSDTlong	0.0000%	8h	1.1477	long leg	$261K	$25K	100x
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1466	−0.096%	$198K	$73K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1473	−0.035%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1473	−0.035%	$13K	$265K	20x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1465	−0.105%	$6.8M	$1.2M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	−0.092%	$9K	$78K	101x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EUR-USD-PERP	+0.0046%	1h	1.1498	+0.180%	—	$252K	100x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1471	−0.052%	$191K	$60K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1478	+0.013%	$12K	—	10x	as long as short
Nado EURUSD-PERP	+0.0121%	1h	1.1468	−0.076%	$467K	$153K	40x	as long as short
Hibachi EUR/USDT-P	+0.0192%	1h	1.1469	−0.067%	$189K	$8.3M	30x	as long as short
tradeXYZ xyz:EUR	+0.0210%	1h	1.1469	−0.070%	$23.2M	$1.7M	50x	as long as short
Lighter EURUSD	+0.0216%	1h	1.1480	+0.023%	$2.2M	$407K	50x	as long as short
Hotstuff EURUSD-PERP	+0.0288%	1h	1.1475	−0.017%	$33K	—	50x	as long as short