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−0.0186%/8h= −20.4% APRnext payment $0.23 per $10,000 · paid last 24h −0.020%
Price spread now: Vest against Hotstuff+0.193%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.193% dearer against Hotstuff than usual: you sell high and buy low (spread +0.193% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff EURUSD-PERP1.14630.0232pay 0.0029% / 1h6m 40s$33K50x
ShortVest EUR-USD-PERP1.14850.0046get 0.0006% / 1h6m 40s$224K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Hotstuff. 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
−$39.13
Price spread: +0.193% → 0.000%
$19.32
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$26.8
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Vest no order-book sample
Hotstuff and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EUR_USDT−0.0188%4h1.1458−0.044%$6.8M$139K100xas long as short
Kraken Futures PF_EURUSD−0.0020%1h1.1455−0.074%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1475+0.101%$579K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1465+0.017%$143K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471+0.070%$263K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1453−0.087%$246K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.14630.000%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1464+0.009%$12K$272K20xas long as short
Extended EUR-USD+0.0032%1h1.1453−0.085%$6.8M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466+0.030%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERPshort+0.0046%1h1.1485+0.193%$224K100x
Nado EURUSD-PERP+0.0049%1h1.1456−0.064%$466K$158K40xas long as short
Lighter EURUSD+0.0072%1h1.1460−0.023%$2.1M$497K50xas long as short
Pacifica EURUSD+0.0100%1h1.1454−0.079%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1458−0.040%$12K10xas long as short
tradeXYZ xyz:EUR+0.0225%1h1.14630.000%$23.2M$1.7M50xas long as short
Hotstuff EURUSD-PERPlong+0.0232%1h1.1463long leg$33K50x
Hibachi EUR/USDT-P+0.0232%1h1.1457−0.049%$165K$8.4M30xas long as short