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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Gate against Injective+0.092%69s7-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 7 days−0.067%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Gate is 0.092% dearer against Injective than usual: you sell high and buy low (spread +0.092% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.2 days. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EURUSD/USDC PERP1.14660.0033pay 0.0004% / 1h4m 00s$9K$78K101x
ShortGate EURUSD_USDT1.14770get 0.0000% / 8h2h 04m$144K$5K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Injective. 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
−$7
Price spread: +0.092% → 0.000%
$9.24
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$12.78
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 37 min ago. 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 Injective no order-book sample
Sell Gate live order book, 37 min ago9.14 bp33.0 bp −$33210.4 bp −$2,104doesn't fitdoesn'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 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−0.0154%4h1.1477+0.092%$6.8M$136K100xas long as short
Kraken Futures PF_EURUSD−0.0132%1h1.1472+0.049%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1484+0.156%$2.2M$432K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1488+0.187%$579K$312K100xas long as short
Gate EURUSD_USDTshort0.0000%8h1.1477+0.092%$144K$5K100x
Bitget EURUSDUSDT0.0000%8h1.1477+0.092%$261K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1471+0.040%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1480+0.119%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1481+0.127%$12K$264K20xas long as short
Extended EUR-USD+0.0032%1h1.1471+0.044%$6.8M$1.2M100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective EURUSD/USDC PERPlong+0.0033%1h1.1466long leg$9K$78K101x
Vest EUR-USD-PERP+0.0046%1h1.1504+0.324%$264K100xas long as short
Hibachi EUR/USDT-P+0.0056%1h1.1475+0.071%$188K$8.3M30xas long as short
Nado EURUSD-PERP+0.0061%1h1.1474+0.068%$468K$153K40xas long as short
Pacifica EURUSD+0.0100%1h1.1477+0.092%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1482+0.133%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0128%1h1.1480+0.119%$33K50xas long as short
tradeXYZ xyz:EUR+0.0143%1h1.1481+0.127%$23.3M$1.6M50xas long as short