EUR

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.093%

7d average—if it closes, per $10,000$9funding while held, a day−$0.90

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective EURUSD/USDC PERP	1.1480	0.0030	pay 0.0004% / 1h	28m 22s	$9K	$78K	101x
Short	Bybit EURUSDUSDT	1.1491	0	get 0.0000% / 8h	1h 28m	$596K	$570K	100x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee InjectivebpFee BybitbpOrdersClose when spread is

Spread captured: $9.32
Funding while held: −$0.9
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$2.6
Spread needed to break even: 0.110%

Slippage unknown: Injective: no order-book sample; Bybit: live order book, 18 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0030%
Per $10,000 a day: −$0.90
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Bybit live order book, 18 min ago	2.48 bp	24.0 bp −$24	37.2 bp −$372	doesn't fit	doesn't fit

Injective: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Kraken Futures1.1471cheapest Orderly1.1473+0.014%Extended1.1474+0.019%MEXC1.1475+0.032%Hibachi1.1475+0.033%Pacifica1.1476+0.041%Nado1.1476+0.044%Bitget1.1477+0.049%SunX1.1479+0.067%tradeXYZ1.1480+0.075%Hotstuff1.1480+0.075%HTX1.1480+0.075%

Injective1.1480+0.076%

Aevo1.1482+0.092%Lighter1.1487+0.135%Gate1.1490+0.163%

Bybit1.1491+0.170%

Vest1.1504+0.289%

EUR on 18 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_EURUSD	−0.076%	+0.0064%	1h	$3K	—	50x	as long as short
Orderly PERP_EURUSD_USDC	−0.062%	0.0000%	8h	$199K	$300K	50x	as long as short
Extended EUR-USD	−0.057%	+0.0032%	1h	$6.8M	$3.9M	100x	as long as short
MEXC EUR_USDT	−0.044%	−0.0200%	4h	$6.8M	$139K	100x	as long as short
Hibachi EUR/USDT-P	−0.044%	+0.0464%	1h	$181K	$6.1M	30x	as long as short
Pacifica EURUSD	−0.036%	+0.0100%	1h	$196K	$212K	50x	as long as short
Nado EURUSD-PERP	−0.032%	−0.0032%	1h	$467K	$407K	40x	as long as short
Bitget EURUSDUSDT	−0.027%	0.0000%	8h	$245K	$95K	100x	as long as short
SunX EURUSD-USDT	−0.010%	0.0000%	1h	—	$2.4M	10x	as long as short
tradeXYZ xyz:EUR	−0.001%	+0.0191%	1h	$23.3M	$5.1M	50x	as long as short

Show all 18 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff EURUSD-PERP	−0.001%	+0.0216%	1h	$33K	—	50x	as long as short
HTX EURUSD-USDT	−0.001%	0.0000%	1h	$13K	$226K	20x	as long as short
Injective EURUSD/USDC PERPlong	0.000%	+0.0030%	1h	$9K	$78K	101x
Aevo EURUSD-PERP	+0.016%	+0.0104%	1h	$12K	—	10x	as long as short
Lighter EURUSD	+0.058%	+0.0352%	1h	$2.1M	$2.1M	50x	as long as short
Gate EURUSD_USDT	+0.086%	0.0000%	8h	$143K	$9K	100x	as long as short
Bybit EURUSDUSDTshort	+0.093%	0.0000%	8h	$596K	$570K	100x
Vest EUR-USD-PERP	+0.212%	+0.0046%	1h	—	$252K	100x	as long as short