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+0.0046%/8h= +5.0% APRpaid last 24h +0.013%
Price spread now: Vest against Orderly+0.278%7-day average +0.248% · 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)−0.292%−$29 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.278%, 7d avg +0.248%
Together, before fees−0.277%+ Points / potential airdropVest: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.030% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.248%. Mind the row above: over the last 3 days funding on this pair cost −0.292%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EURUSD_USDC1.14720get 0.0000% / 8h2h 10m$198K$73K50x
ShortVest EUR-USD-PERP1.15040.0046get 0.0006% / 1h10m 03s$264K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Orderly. 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
$9.59
Price spread: +0.278% → +0.248%
$2.96
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
$4.55
Costs to cover
0.080%
Break-even
3.7 days
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Vest no order-book sample
Orderly and 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−0.0164%4h1.1477+0.044%$6.8M$135K100xas long as short
Kraken Futures PF_EURUSD−0.0132%1h1.1472+0.004%$3K50xas long as short
Lighter EURUSD0.0000%1h1.1484+0.109%$2.2M$432K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1491+0.163%$579K$312K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1477+0.044%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1476+0.035%$261K$25K100xas long as short
Orderly PERP_EURUSD_USDClong0.0000%8h1.1472long leg$198K$73K50x
SunX EURUSD-USDT0.0000%1h1.1480+0.070%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1480+0.070%$12K$263K20xas long as short
Hibachi EUR/USDT-P+0.0008%1h1.1476+0.031%$197K$8.3M30xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.14720.000%$6.8M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.049%$9K$78K101xas long as short
Vest EUR-USD-PERPshort+0.0046%1h1.1504+0.278%$264K100x
Nado EURUSD-PERP+0.0058%1h1.1475+0.027%$467K$153K40xas long as short
Pacifica EURUSD+0.0100%1h1.1477+0.044%$191K$63K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1482+0.088%$12K10xas long as short
Hotstuff EURUSD-PERP+0.0120%1h1.1481+0.078%$33K50xas long as short
tradeXYZ xyz:EUR+0.0136%1h1.1481+0.078%$23.3M$1.6M50xas long as short