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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.010%
Price spread now: HTX against Extended+0.075%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$670.667% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.075%, 7d avg +0.025%
Together, before fees−0.077%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.050% dearer against Extended than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of +0.025%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EUR-USD1.14390.0032pay 0.0004% / 1h20m 07s$6.8M$1.4M100x
ShortHTX EURUSD-USDT1.14480get 0.0000% / 1h20m 07s$12K$274K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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
−$6.72
Price spread: +0.075% → +0.025%
$5.05
Slippage, 4 orders
−$49.67
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$68.34
Costs to cover
0.667%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; HTX: live order book, 12 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 Extended live order book, 4 min ago0.04 bp4.1 bp −$46.2 bp −$62doesn't fitdoesn't fit
Sell HTX live order book, 12 min ago5.24 bp31.4 bp −$31doesn'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
Kraken Futures PF_EURUSD−0.0131%1h1.1435−0.039%$3K50xas long as short
MEXC EUR_USDT−0.0030%4h1.1441+0.014%$6.8M$142K100xas long as short
Lighter EURUSD0.0000%1h1.1448+0.072%$2.1M$554K50xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1439−0.003%$246K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1442+0.023%$2.2M10xas long as short
HTX EURUSD-USDTshort0.0000%1h1.1448+0.075%$12K$274K20x
Extended EUR-USDlong+0.0032%1h1.1439long leg$6.8M$1.4M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1466+0.236%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1471+0.276%$224K100xas long as short
Nado EURUSD-PERP+0.0074%1h1.1442+0.021%$193K$296K40xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget EURUSDUSDT+0.0089%8h1.1470+0.267%$263K$27K100xas long as short
Pacifica EURUSD+0.0100%1h1.14390.000%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1444+0.044%$12K10xas long as short
Gate EURUSD_USDT+0.0200%8h1.1462+0.198%$144K$3K100xas long as short
tradeXYZ xyz:EUR+0.0211%1h1.1443+0.031%$23.1M$1.9M50xas long as short
Hotstuff EURUSD-PERP+0.0240%1h1.1445+0.049%$33K50xas long as short
Hibachi EUR/USDT-P+0.0464%1h1.1443+0.028%$158K$8.4M30xas long as short
Bybit EURUSDUSDT+0.1882%8h1.1473+0.291%$606K$324K100xas long as short