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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0025%/8h= −2.7% APRnext payment $0.03 per $10,000 · paid last 24h −0.019%
Price spread now: Hotstuff against tradeXYZ+0.017%48s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: 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: −$1 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EUR1.14750.0209pay 0.0026% / 1h21m 39s$23.3M$1.8M50x
ShortHotstuff EURUSD-PERP1.14770.0184get 0.0023% / 1h21m 39s$33K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against tradeXYZ. 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
−$5.17
Price spread: +0.017% → 0.000%
$1.74
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$26.42
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago0.87 bp11.7 bp −$1218.3 bp −$183doesn'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
MEXC EUR_USDT−0.0156%4h1.1473−0.017%$6.8M$137K100xas long as short
Nado EURUSD-PERP−0.0002%1h1.1472−0.023%$467K$154K40xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473−0.021%$584K$281K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1473−0.017%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1473−0.017%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1469−0.052%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1476+0.009%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.14750.000%$13K$259K20xas long as short
Extended EUR-USD+0.0032%1h1.1470−0.047%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1466−0.075%$9K$78K101xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest EUR-USD-PERP+0.0046%1h1.1501+0.229%$264K100xas long as short
Pacifica EURUSD+0.0100%1h1.1472−0.026%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1477+0.019%$12K10xas long as short
Kraken Futures PF_EURUSD+0.0119%1h1.1467−0.067%$3K50xas long as short
Hibachi EUR/USDT-P+0.0176%1h1.1470−0.047%$163K$8.2M30xas long as short
Lighter EURUSD+0.0184%1h1.1482+0.057%$2.1M$444K50xas long as short
Hotstuff EURUSD-PERPshort+0.0184%1h1.1477+0.017%$33K50x
tradeXYZ xyz:EURlong+0.0209%1h1.1475long leg$23.3M$1.8M50x