EUR

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.075%

7d average—if it closes, per $10,000$7funding while held, a day−$8.31

Long on tradeXYZ Short on Kraken Futures

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:EUR	1.1472	0.0102	pay 0.0013% / 1h	42m 58s	$23.2M	$4.7M	50x
Short	Kraken Futures PF_EURUSD	1.1463	−0.0175	pay 0.0022% / 1h	42m 58s	$3K	—	50x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee tradeXYZbpFee Kraken FuturesbpOrdersClose when spread is

Spread captured: −$7.5
Funding while held: −$8.31
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$43.81
Spread needed to break even: 0.280%

Slippage unknown: tradeXYZ: live order book, 7 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0277%
Per $10,000 a day: −$8.31
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 7 min ago	0.87 bp	11.7 bp −$12	17.5 bp −$175	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Hibachi1.1461cheapest

Kraken Futures1.1463+0.020%

Orderly1.1467+0.052%Extended1.1467+0.052%Pacifica1.1468+0.057%Nado1.1468+0.058%MEXC1.1468+0.060%HTX1.1470+0.078%Injective1.1470+0.081%

tradeXYZ1.1472+0.095%

SunX1.1472+0.095%Hotstuff1.1475+0.121%Bitget1.1475+0.121%Lighter1.1479+0.160%Aevo1.1480+0.164%Gate1.1480+0.165%Bybit1.1486+0.217%Vest1.1498+0.323%

EUR on 18 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Hibachi EUR/USDT-P	−0.095%	−0.0432%	1h	$186K	$8.1M	30x	as long as short
Kraken Futures PF_EURUSDshort	−0.075%	−0.0175%	1h	$3K	—	50x
Orderly PERP_EURUSD_USDC	−0.044%	0.0000%	8h	$198K	$112K	50x	as long as short
Extended EUR-USD	−0.043%	+0.0032%	1h	$6.7M	$3.7M	100x	as long as short
Pacifica EURUSD	−0.038%	+0.0100%	1h	$191K	$181K	50x	as long as short
Nado EURUSD-PERP	−0.037%	+0.0039%	1h	$466K	$393K	40x	as long as short
MEXC EUR_USDT	−0.035%	−0.0156%	4h	$6.8M	$146K	100x	as long as short
HTX EURUSD-USDT	−0.017%	0.0000%	1h	$13K	$232K	20x	as long as short
Injective EURUSD/USDC PERP	−0.014%	+0.0033%	1h	$9K	$78K	101x	as long as short
tradeXYZ xyz:EURlong	0.000%	+0.0102%	1h	$23.2M	$4.7M	50x

Show all 18 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
SunX EURUSD-USDT	0.000%	0.0000%	1h	—	$2.6M	10x	as long as short
Hotstuff EURUSD-PERP	+0.026%	+0.0136%	1h	$33K	—	50x	as long as short
Bitget EURUSDUSDT	+0.026%	0.0000%	8h	$249K	$100K	100x	as long as short
Lighter EURUSD	+0.065%	0.0000%	1h	$2.1M	$1.6M	50x	as long as short
Aevo EURUSD-PERP	+0.069%	+0.0104%	1h	$12K	—	10x	as long as short
Gate EURUSD_USDT	+0.070%	0.0000%	8h	$143K	$9K	100x	as long as short
Bybit EURUSDUSDT	+0.121%	0.0000%	8h	$596K	$529K	100x	as long as short
Vest EUR-USD-PERP	+0.228%	+0.0046%	1h	—	$258K	100x	as long as short