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

EUR

RWAall EUR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.009%
Price spread now: Extended against Nado−0.045%51s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$150.146% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.059%+$6 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.045%, 7d avg −0.025%
Together, before fees+0.068%+ Points / potential airdropNado: Active · Extended: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.020% cheaper against Nado than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.025%). If the spread goes back, that is −$2 on $10k: about 31 hours of funding at the current rate (+$2 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EURUSD-PERP1.1470−0.0021get 0.0003% / 1h55m 30s$191K$293K40x
ShortExtended EUR-USD1.14650.0032get 0.0004% / 1h55m 30s$6.8M$1.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Nado. 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
$11.07
Price spread: −0.045% → −0.025%
−$2.01
Slippage, 4 orders
−$8.24
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$5.58
Costs to cover
0.146%
Break-even
10.5 days
Slippage from Nado: live order book, 50 min ago; Extended: live order book, 2 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 Nado live order book, 50 min ago1.13 bp2.8 bp −$33.7 bp −$37doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.39 bp3.0 bp −$37.5 bp −$75doesn't fitdoesn't fit

EUR on 18 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EURUSD-PERP−0.0800%1h1.1470−0.004%$33K50xas long as short
MEXC EUR_USDT−0.0146%4h1.1467−0.030%$6.8M$144K100xas long as short
Kraken Futures PF_EURUSD−0.0112%1h1.1463−0.066%$3K50xas long as short
Nado EURUSD-PERPlong−0.0021%1h1.1470long leg$191K$293K40x
Lighter EURUSD0.0000%1h1.1475+0.036%$2.1M$501K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1485+0.128%$625K$351K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1473+0.022%$144K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1477+0.057%$261K$26K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1466−0.039%$247K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1471+0.005%$1.6M10xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX EURUSD-USDT0.0000%1h1.1474+0.031%$12K$271K20xas long as short
Extended EUR-USDshort+0.0032%1h1.1465−0.045%$6.8M$1.3M100x
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.035%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1498+0.240%$190K100xas long as short
tradeXYZ xyz:EUR+0.0074%1h1.1470−0.004%$22.9M$1.7M50xas long as short
Pacifica EURUSD+0.0100%1h1.1466−0.042%$196K$64K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1471+0.009%$12K10xas long as short
Hibachi EUR/USDT-P+0.0248%1h1.1467−0.027%$216K$8.5M30xas long as short