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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0111%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.035%
Price spread now: Hotstuff against Nado+0.013%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 airdropNado: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EURUSD-PERP1.14800.0009pay 0.0001% / 1h14m 05s$467K$153K40x
ShortHotstuff EURUSD-PERP1.14810.0120get 0.0015% / 1h14m 05s$33K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$23.27
Price spread: +0.013% → 0.000%
$1.26
Slippage, 4 orders
no order book: not counted
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$18.12
Costs to cover
0.064%
Break-even
1.5 days
Slippage unknown: Nado: live order book, 39 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 Nado live order book, 39 min ago1.22 bp3.0 bp −$33.9 bp −$39doesn'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
Hibachi EUR/USDT-P−0.0240%1h1.1473−0.058%$175K$8.3M30xas long as short
Kraken Futures PF_EURUSD−0.0179%1h1.1474−0.049%$3K50xas long as short
MEXC EUR_USDT−0.0164%4h1.1479−0.005%$6.8M$134K100xas long as short
Lighter EURUSD0.0000%1h1.1486+0.053%$2.1M$415K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1481+0.008%$585K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1480+0.004%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1479−0.005%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1476−0.031%$198K$73K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1482+0.021%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1482+0.021%$13K$264K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERPlong+0.0009%1h1.1480long leg$467K$153K40x
Extended EUR-USD+0.0032%1h1.1477−0.027%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.115%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1508+0.250%$265K100xas long as short
Pacifica EURUSD+0.0100%1h1.1476−0.027%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1483+0.026%$12K10xas long as short
Hotstuff EURUSD-PERPshort+0.0120%1h1.1481+0.013%$33K50x
tradeXYZ xyz:EUR+0.0170%1h1.1481+0.013%$23.3M$1.6M50xas long as short