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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0240%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.029%
Price spread now: Hotstuff against HTX+0.035%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 3 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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hotstuff is 0.035% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX EURUSD-USDT1.14720get 0.0000% / 1h16m 52s$12K$257K20x
ShortHotstuff EURUSD-PERP1.14760.0240get 0.0030% / 1h16m 52s$33K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$50.4
Price spread: +0.035% → 0.000%
$3.49
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$36.89
Costs to cover
0.170%
Break-even
1.9 days
Slippage unknown: HTX: live order book, 50 min ago; Hotstuff: 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 HTX live order book, 50 min ago6.54 bp27.1 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
Kraken Futures PF_EURUSD−0.0211%1h1.1468−0.036%$3K50xas long as short
MEXC EUR_USDT−0.0164%4h1.1468−0.035%$6.8M$141K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473+0.004%$582K$280K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476+0.035%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.14720.000%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1466−0.052%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1476+0.035%$2.5M10xas long as short
HTX EURUSD-USDTlong0.0000%1h1.1472long leg$12K$257K20x
Extended EUR-USD+0.0032%1h1.1465−0.057%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.014%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1497+0.222%$264K100xas long as short
Nado EURUSD-PERP+0.0046%1h1.1468−0.032%$466K$155K40xas long as short
Pacifica EURUSD+0.0100%1h1.1469−0.026%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1477+0.040%$12K10xas long as short
Lighter EURUSD+0.0144%1h1.1480+0.072%$2.1M$441K50xas long as short
Hibachi EUR/USDT-P+0.0152%1h1.1469−0.025%$171K$8.3M30xas long as short
Hotstuff EURUSD-PERPshort+0.0240%1h1.1476+0.035%$33K50x
tradeXYZ xyz:EUR+0.0249%1h1.1477+0.044%$23.3M$1.8M50xas long as short