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+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.030%
Price spread now: Hibachi against HTX−0.040%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.691% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.334%+$33 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.040%, 7d avg −0.055%
Together, before fees+0.352%+ Points / potential airdropHibachi: Active · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EURUSD-USDT1.14630get 0.0000% / 1h3m 17s$12K$272K20x
ShortHibachi EUR/USDT-P1.14580.0256get 0.0032% / 1h3m 17s$169K$8.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against HTX. 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
$53.76
Price spread: −0.040% → −0.055%
$1.51
Slippage, 4 orders
−$48.09
Fee HTX: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$13.82
Costs to cover
0.691%
Break-even
8.8 days
Slippage from HTX: live order book, 34 min ago; Hibachi: live order book, 1 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 HTX live order book, 34 min ago6.54 bp29.1 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Hibachi live order book, 1 min ago0.04 bp4.7 bp −$520.5 bp −$205doesn'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−0.0182%4h1.1458−0.044%$6.8M$139K100xas long as short
Kraken Futures PF_EURUSD−0.0020%1h1.1453−0.085%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1475+0.100%$579K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1464+0.009%$143K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1471+0.070%$263K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1452−0.096%$246K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1462−0.009%$2.4M10xas long as short
HTX EURUSD-USDTlong0.0000%1h1.1463long leg$12K$272K20x
Extended EUR-USD+0.0032%1h1.1452−0.093%$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-PERP+0.0046%1h1.1485+0.188%$224K100xas long as short
Nado EURUSD-PERP+0.0052%1h1.1455−0.072%$466K$158K40xas long as short
Lighter EURUSD+0.0064%1h1.1458−0.048%$2.1M$511K50xas long as short
Pacifica EURUSD+0.0100%1h1.1454−0.079%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1455−0.070%$12K10xas long as short
tradeXYZ xyz:EUR+0.0227%1h1.1462−0.009%$23.2M$1.7M50xas long as short
Hotstuff EURUSD-PERP+0.0240%1h1.14630.000%$33K50xas long as short
Hibachi EUR/USDT-Pshort+0.0256%1h1.1458−0.040%$169K$8.4M30x