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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0133%/8h= −14.5% APRnext payment $0.17 per $10,000 · paid last 24h −0.051%
Price spread now: Nado against tradeXYZ−0.034%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.287% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.034%, 7d avg −0.048%
Together, before fees−0.025%+ Points / potential airdroptradeXYZ: Active · Nado: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:EUR1.14770.0144pay 0.0018% / 1h59m 06s$23.3M$1.8M50x
ShortNado EURUSD-PERP1.14730.0011get 0.0001% / 1h59m 06s$467K$153K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$27.9
Price spread: −0.034% → −0.048%
$1.34
Slippage, 4 orders
−$9.33
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$55.3
Costs to cover
0.287%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Nado: live order book, 64 min ago.

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, 10 min ago0.87 bp11.3 bp −$1117.6 bp −$176doesn't fitdoesn't fit
Sell Nado live order book, 64 min ago1.88 bp2.7 bp −$33.5 bp −$35doesn't fitdoesn't fit

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−0.0192%4h1.1472−0.044%$6.8M$132K100xas long as short
Kraken Futures PF_EURUSD−0.0062%1h1.1469−0.069%$3K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473−0.038%$584K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1474−0.026%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1472−0.044%$253K$21K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1469−0.070%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1476−0.009%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1473−0.035%$13K$260K20xas long as short
Nado EURUSD-PERPshort+0.0011%1h1.1473−0.034%$467K$153K40x
Extended EUR-USD+0.0032%1h1.1469−0.067%$6.7M$1.2M100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective EURUSD/USDC PERP+0.0039%1h1.1466−0.092%$9K$78K101xas long as short
Vest EUR-USD-PERP+0.0046%1h1.1501+0.212%$264K100xas long as short
Hibachi EUR/USDT-P+0.0048%1h1.1470−0.063%$158K$8.2M30xas long as short
Pacifica EURUSD+0.0100%1h1.1473−0.035%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1478+0.005%$12K10xas long as short
Lighter EURUSD+0.0120%1h1.1482+0.042%$2.1M$435K50xas long as short
tradeXYZ xyz:EURlong+0.0144%1h1.1477long leg$23.3M$1.8M50x
Hotstuff EURUSD-PERP+0.0144%1h1.14770.000%$33K50xas long as short