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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EURUSDUSDT | 1.1473 | 0 | get 0.0000% / 8h | 5h 03m | $584K | $223K | 100x |
| Short | Pacifica EURUSD | 1.1472 | 0.0100 | get 0.0013% / 1h | 3m 56s | $190K | $61K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 51 min ago | 4.36 bp | 17.0 bp −$17 | 45.3 bp −$453 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 59 min ago | 3.05 bp | 13.9 bp −$14 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0168% | 4h | 1.1473 | +0.003% | $6.8M | $138K | 100x | as long as short |
| Bybit EURUSDUSDTlong | 0.0000% | 8h | 1.1473 | long leg | $584K | $223K | 100x | |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1474 | +0.012% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | −0.005% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1469 | −0.031% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1477 | +0.038% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1480 | +0.065% | $12K | $260K | 20x | as long as short |
| Nado EURUSD-PERP | +0.0006% | 1h | 1.1473 | +0.002% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1469 | −0.031% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.054% | $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 | 1.1501 | +0.250% | — | $264K | 100x | as long as short |
| Hibachi EUR/USDT-P | +0.0072% | 1h | 1.1470 | −0.025% | $158K | $8.2M | 30x | as long as short |
| Pacifica EURUSDshort | +0.0100% | 1h | 1.1472 | −0.005% | $190K | $61K | 50x | |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | +0.041% | $12K | — | 10x | as long as short |
| Kraken Futures PF_EURUSD | +0.0119% | 1h | 1.1467 | −0.045% | $3K | — | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0144% | 1h | 1.1477 | +0.038% | $33K | — | 50x | as long as short |
| Lighter EURUSD | +0.0152% | 1h | 1.1481 | +0.076% | $2.1M | $444K | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0190% | 1h | 1.1476 | +0.030% | $23.3M | $1.8M | 50x | as long as short |
Bybit EURUSDUSDT
Pacifica EURUSD
MEXC EUR_USDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Kraken Futures PF_EURUSD
Lighter EURUSD
tradeXYZ xyz:EUR