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

EUR

RWAall EUR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against Bybit−0.005%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$580.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.463%+$46 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.005%, 7d avg −0.009%
Together, before fees+0.486%+ Points / potential airdropPacifica: Active · farm board+$49 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EURUSDUSDT1.14730get 0.0000% / 8h5h 03m$584K$223K100x
ShortPacifica EURUSD1.14720.0100get 0.0013% / 1h3m 56s$190K$61K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Bybit. 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
$21
Price spread: −0.005% → −0.009%
$0.39
Slippage, 4 orders
−$39.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$36.66
Costs to cover
0.580%
Break-even
19.2 days
Slippage from Bybit: live order book, 51 min ago; Pacifica: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 51 min ago4.36 bp17.0 bp −$1745.3 bp −$453doesn't fitdoesn't fit
Sell Pacifica live order book, 59 min ago3.05 bp13.9 bp −$14doesn't fitdoesn't fitdoesn't fit

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−0.0168%4h1.1473+0.003%$6.8M$138K100xas long as short
Bybit EURUSDUSDTlong0.0000%8h1.1473long leg$584K$223K100x
Gate EURUSD_USDT0.0000%8h1.1474+0.012%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.005%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1469−0.031%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1477+0.038%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1480+0.065%$12K$260K20xas long as short
Nado EURUSD-PERP+0.0006%1h1.1473+0.002%$467K$153K40xas long as short
Extended EUR-USD+0.0032%1h1.1469−0.031%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.054%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1501+0.250%$264K100xas long as short
Hibachi EUR/USDT-P+0.0072%1h1.1470−0.025%$158K$8.2M30xas long as short
Pacifica EURUSDshort+0.0100%1h1.1472−0.005%$190K$61K50x
Aevo EURUSD-PERP+0.0104%1h1.1477+0.041%$12K10xas long as short
Kraken Futures PF_EURUSD+0.0119%1h1.1467−0.045%$3K50xas long as short
Hotstuff EURUSD-PERP+0.0144%1h1.1477+0.038%$33K50xas long as short
Lighter EURUSD+0.0152%1h1.1481+0.076%$2.1M$444K50xas long as short
tradeXYZ xyz:EUR+0.0190%1h1.1476+0.030%$23.3M$1.8M50xas long as short