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+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.026%
Price spread now: Aevo against Lighter−0.023%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.023% cheaper against Lighter than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 46 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EURUSD1.14790.0064pay 0.0008% / 1h36m 29s$2.1M$441K50x
ShortAevo EURUSD-PERP1.14760.0104get 0.0013% / 1h36m 29s$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
$8.4
Price spread: −0.023% → 0.000%
−$2.32
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$9.92
Costs to cover
0.160%
Break-even
15.3 days
Slippage unknown: Lighter: live order book, 5 min ago; Aevo: 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 Lighter live order book, 5 min ago0.70 bp3.8 bp −$411.9 bp −$11969.9 bp −$6,993doesn't fit
Sell Aevo no order-book sample
Aevo: 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%1h1.1469−0.087%$3K50xas long as short
MEXC EUR_USDT−0.0164%4h1.1470−0.078%$6.8M$139K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1474−0.045%$582K$280K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476−0.026%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.061%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1466−0.113%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1477−0.017%$2.5M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1474−0.044%$12K$257K20xas long as short
Extended EUR-USD+0.0032%1h1.1466−0.111%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.075%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0039%1h1.1469−0.088%$466K$156K40xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1498+0.163%$264K100xas long as short
Lighter EURUSDlong+0.0064%1h1.1479long leg$2.1M$441K50x
Hibachi EUR/USDT-P+0.0072%1h1.1468−0.092%$173K$8.3M30xas long as short
Pacifica EURUSD+0.0100%1h1.1467−0.108%$190K$61K50xas long as short
Aevo EURUSD-PERPshort+0.0104%1h1.1476−0.023%$12K10x
tradeXYZ xyz:EUR+0.0232%1h1.1477−0.017%$23.3M$1.9M50xas long as short
Hotstuff EURUSD-PERP+0.0232%1h1.1477−0.017%$33K50xas long as short