Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Extended against Bybit−0.040%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days+0.313%+$31 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.040%, 7d avg −0.035%
=Together, before fees+0.287%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EURUSDUSDT | 1.1481 | 0 | get 0.0000% / 8h | 3h 14m | $585K | $223K | 100x |
| Short | Extended EUR-USD | 1.1476 | 0.0032 | get 0.0004% / 1h | 14m 57s | $6.7M | $1.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.72
- Price spread: −0.040% → −0.035%
- −$0.48
- Slippage, 4 orders
- −$24.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$34.61
- Costs to cover
- 0.409%
- Break-even
- 43.1 days
Slippage from Bybit: live order book, 30 min ago; Extended: live order book, 4 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 Bybit live order book, 30 min ago | 3.92 bp | 19.0 bp −$19 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.04 bp | 2.7 bp −$3 | 8.0 bp −$80 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi EUR/USDT-P | −0.0240% | 1h | 1.1473 | −0.065% | $176K | $8.3M | 30x | as long as short |
| Kraken Futures PF_EURUSD | −0.0179% | 1h | 1.1474 | −0.057% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0164% | 4h | 1.1479 | −0.013% | $6.8M | $134K | 100x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1485 | +0.044% | $2.1M | $415K | 50x | as long as short |
| Bybit EURUSDUSDTlong | 0.0000% | 8h | 1.1481 | long leg | $585K | $223K | 100x | |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1480 | −0.004% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1479 | −0.013% | $253K | $21K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1476 | −0.039% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1482 | +0.013% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1479 | −0.013% | $13K | $264K | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0009% | 1h | 1.1479 | −0.012% | $467K | $153K | 40x | as long as short |
| Extended EUR-USDshort | +0.0032% | 1h | 1.1476 | −0.040% | $6.7M | $1.2M | 100x | |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.123% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1508 | +0.238% | — | $265K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1476 | −0.037% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1482 | +0.017% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0120% | 1h | 1.1481 | +0.004% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0170% | 1h | 1.1481 | +0.004% | $23.3M | $1.6M | 50x | as long as short |
Bybit EURUSDUSDT
Extended EUR-USD
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Lighter EURUSD
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Injective EURUSD/USDC PERP
Pacifica EURUSD
tradeXYZ xyz:EUR