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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0280%/8h= +30.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.031%
Price spread now: Hotstuff against SunX−0.009%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: 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: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EURUSD-USDT1.14740get 0.0000% / 1h44m 24s$2.4M10x
ShortHotstuff EURUSD-PERP1.14730.0280get 0.0035% / 1h44m 24s$33K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against SunX. 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
$58.8
Price spread: −0.009% → 0.000%
−$0.87
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$44.93
Costs to cover
0.130%
Break-even
1.7 days
Slippage unknown: SunX: live order book, 2 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 SunX live order book, 2 min ago81.50 bp99.3 bp −$99doesn't fitdoesn'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
Kraken Futures PF_EURUSD−0.0228%1h1.1465−0.077%$3K50xas long as short
MEXC EUR_USDT−0.0186%4h1.1470−0.035%$6.8M$134K100xas long as short
Bybit EURUSDUSDT0.0000%8h1.1488+0.120%$579K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1478+0.035%$144K$6K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1477+0.026%$261K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1466−0.070%$198K$73K50xas long as short
SunX EURUSD-USDTlong0.0000%1h1.1474long leg$2.4M10x
HTX EURUSD-USDT0.0000%1h1.1475+0.009%$13K$265K20xas long as short
Extended EUR-USD+0.0032%1h1.1465−0.081%$6.8M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.066%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1497+0.197%$241K100xas long as short
Pacifica EURUSD+0.0100%1h1.1469−0.044%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1478+0.036%$12K10xas long as short
Nado EURUSD-PERP+0.0110%1h1.1467−0.065%$467K$154K40xas long as short
tradeXYZ xyz:EUR+0.0215%1h1.14740.000%$23.2M$1.6M50xas long as short
Hibachi EUR/USDT-P+0.0232%1h1.1467−0.064%$187K$8.3M30xas long as short
Lighter EURUSD+0.0248%1h1.1480+0.050%$2.2M$407K50xas long as short
Hotstuff EURUSD-PERPshort+0.0280%1h1.1473−0.009%$33K50x