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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.013%
Price spread now: Vest against Nado+0.247%7-day average +0.278% · 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)+0.031%+$3 on $10k
Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.247%, 7d avg +0.278%
Together, before fees+0.012%+ Points / potential airdropNado: Active · Vest: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.031% cheaper against Nado than usual: you would sell low and buy high (spread +0.247% now, against its 7-day average of +0.278%). If the spread goes back, that is −$3 on $10k: about 48 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EURUSD-PERP1.1473−0.0005get 0.0001% / 1h59m 51s$467K$177K40x
ShortVest EUR-USD-PERP1.15020.0046get 0.0006% / 1h59m 51s$264K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$10.73
Price spread: +0.247% → +0.278%
−$3.05
Slippage, 4 orders
no order book: not counted
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee Vest: 1 bp × 2 orders
−$2
Net
$4.28
Costs to cover
0.034%
Break-even
4.2 days
Slippage unknown: Nado: live order book, 8 min ago; Vest: 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, 8 min ago1.13 bp2.6 bp −$33.5 bp −$35doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0138%4h1.1473−0.001%$6.8M$154K100xas long as short
Kraken Futures PF_EURUSD−0.0052%1h1.1470−0.023%$3K50xas long as short
Nado EURUSD-PERPlong−0.0005%1h1.1473long leg$467K$177K40x
Lighter EURUSD0.0000%1h1.1478+0.043%$2.1M$441K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1470−0.024%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476+0.025%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1473−0.001%$251K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1470−0.027%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1479+0.051%$2.5M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1482+0.077%$13K$258K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1469−0.033%$6.7M$1.3M100xas long as short
Hotstuff EURUSD-PERP+0.0032%1h1.1479+0.051%$33K50xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.024%$9K$78K101xas long as short
Hibachi EUR/USDT-P+0.0040%1h1.1470−0.026%$160K$8.3M30xas long as short
Vest EUR-USD-PERPshort+0.0046%1h1.1502+0.247%$264K100x
Pacifica EURUSD+0.0100%1h1.1470−0.023%$190K$126K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1477+0.036%$12K10xas long as short
tradeXYZ xyz:EUR+0.0124%1h1.1478+0.042%$23.2M$1.9M50xas long as short