Funding arb · Price arb /

EUR

RWAall EUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.013%

Price spread now: Vest against Bybit+0.226%7-day average +0.241% · you sell dearer than you buy

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

Long on Bybit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.257%+$26 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.226%, 7d avg +0.241%

Together, before fees+0.282%+ Points / potential airdropVest: Active · farm board+$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.241%, 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	1.1480	0	get 0.0000% / 8h	4h 07m	$585K	$223K	100x
Short	Vest EUR-USD-PERP	1.1506	0.0046	get 0.0006% / 1h	7m 54s	—	$264K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee BybitbpFee VestbpOrdersPrice spread, now +0.226%Rate

Funding earned: $9.59
Price spread: +0.226% → +0.241%: −$1.54
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: −$4.95
Costs to cover: 0.130%
Break-even: 10.6 days

Slippage unknown: Bybit: live order book, 42 min ago; Vest: 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 Bybit live order book, 42 min ago	4.49 bp	19.7 bp −$20	45.9 bp −$459	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	1.1477	−0.029%	$6.8M	$135K	100x	as long as short
Hibachi EUR/USDT-P	−0.0120%	1h	1.1472	−0.070%	$165K	$8.2M	30x	as long as short
Kraken Futures PF_EURUSD	−0.0062%	1h	1.1473	−0.065%	$3K	—	50x	as long as short
Nado EURUSD-PERP	−0.0007%	1h	1.1478	−0.023%	$467K	$153K	40x	as long as short
Lighter EURUSD	0.0000%	1h	1.1485	+0.037%	$2.1M	$435K	50x	as long as short
Bybit EURUSDUSDTlong	0.0000%	8h	1.1480	long leg	$585K	$223K	100x
Gate EURUSD_USDT	0.0000%	8h	1.1478	−0.020%	$144K	$5K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1477	−0.029%	$253K	$20K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1475	−0.046%	$198K	$111K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1481	+0.006%	—	$2.4M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX EURUSD-USDT	0.0000%	1h	1.1476	−0.037%	$12K	$263K	20x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1475	−0.048%	$6.7M	$1.3M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0039%	1h	1.1466	−0.121%	$9K	$78K	101x	as long as short
Vest EUR-USD-PERPshort	+0.0046%	1h	1.1506	+0.226%	—	$264K	100x
Hotstuff EURUSD-PERP	+0.0056%	1h	1.1482	+0.015%	$33K	—	50x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1478	−0.020%	$190K	$61K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1481	+0.010%	$12K	—	10x	as long as short
tradeXYZ xyz:EUR	+0.0126%	1h	1.1482	+0.015%	$23.3M	$1.8M	50x	as long as short