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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment $0.29 per $10,000 · paid last 24h −0.018%
Price spread now: Extended against Hibachi−0.018%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.273%−$27 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.018%, 7d avg −0.036%
Together, before fees−0.281%+ Points / potential airdropHibachi: Active · Extended: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi EUR/USDT-P1.14650.0264pay 0.0033% / 1h57m 19s$163K$8.3M30x
ShortExtended EUR-USD1.14630.0032get 0.0004% / 1h57m 19s$6.8M$1.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hibachi. 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
−$48.72
Price spread: −0.018% → −0.036%
$1.79
Slippage, 4 orders
−$8.57
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$69.5
Costs to cover
0.226%
Break-even
never at this rate
Slippage from Hibachi: live order book, 2 min ago; Extended: live order book, 2 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 Hibachi live order book, 2 min ago0.04 bp4.6 bp −$519.1 bp −$191doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.92 bp8.0 bp −$810.8 bp −$108doesn'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−0.0326%4h1.1467+0.018%$6.8M$132K100xas long as short
Kraken Futures PF_EURUSD−0.0020%1h1.1465−0.002%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1483+0.159%$580K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476+0.097%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472+0.062%$263K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1460−0.043%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1472+0.062%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1471+0.053%$13K$272K20xas long as short
Extended EUR-USDshort+0.0032%1h1.1463−0.018%$6.8M$1.2M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1466+0.013%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0036%1h1.1466+0.012%$467K$154K40xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1495+0.260%$241K100xas long as short
Pacifica EURUSD+0.0100%1h1.1467+0.018%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1476+0.099%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0192%1h1.1474+0.079%$33K50xas long as short
tradeXYZ xyz:EUR+0.0254%1h1.1472+0.062%$23.2M$1.6M50xas long as short
Hibachi EUR/USDT-Plong+0.0264%1h1.1465long leg$163K$8.3M30x
Lighter EURUSD+0.0344%1h1.1479+0.126%$2.2M$383K50xas long as short