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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0177%/8h= −19.4% APRnext payment $0.22 per $10,000 · paid last 24h −0.043%
Price spread now: Injective against tradeXYZ−0.023%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 7 days−0.084%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Injective is 0.023% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EUR1.14690.0211pay 0.0026% / 1h30m 39s$23.2M$1.6M50x
ShortInjective EURUSD/USDC PERP1.14660.0033get 0.0004% / 1h30m 39s$9K$78K101x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$37.23
Price spread: −0.023% → 0.000%
−$2.27
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$57.52
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 8 min ago; Injective: 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, 8 min ago1.31 bp10.9 bp −$1116.0 bp −$160doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0400%4h1.1466−0.026%$6.8M$134K100xas long as short
Kraken Futures PF_EURUSD−0.0020%1h1.1461−0.071%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1482+0.111%$580K$311K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1475+0.052%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472+0.026%$263K$25K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1462−0.061%$247K$122K50xas long as short
SunX EURUSD-USDT0.0000%1h1.14690.000%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.14690.000%$13K$272K20xas long as short
Extended EUR-USD+0.0032%1h1.1461−0.067%$6.8M$1.3M100xas long as short
Injective EURUSD/USDC PERPshort+0.0033%1h1.1466−0.023%$9K$78K101x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado EURUSD-PERP+0.0044%1h1.1465−0.038%$467K$159K40xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1494+0.215%$241K100xas long as short
Pacifica EURUSD+0.0100%1h1.1468−0.009%$191K$60K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1472+0.025%$12K10xas long as short
Lighter EURUSD+0.0184%1h1.1475+0.050%$2.1M$432K50xas long as short
Hotstuff EURUSD-PERP+0.0184%1h1.1471+0.017%$33K50xas long as short
Hibachi EUR/USDT-P+0.0192%1h1.1463−0.052%$163K$8.3M30xas long as short
tradeXYZ xyz:EURlong+0.0211%1h1.1469long leg$23.2M$1.6M50x