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−0.0107%/8h= −11.8% APRnext payment $0.13 per $10,000 · paid last 24h −0.042%
Price spread now: Kraken Futures against Vest−0.306%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.306% cheaper against Vest than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest EUR-USD-PERP1.15030.0046pay 0.0006% / 1h32m 43s$264K100x
ShortKraken Futures PF_EURUSD1.1468−0.0062pay 0.0008% / 1h32m 43s$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Vest. 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
−$22.56
Price spread: −0.306% → 0.000%
−$30.64
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$65.2
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Kraken Futures: 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 Vest no order-book sample
Sell Kraken Futures no order-book sample
Vest and 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 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−0.0158%4h1.1475−0.246%$6.8M$134K100xas long as short
Kraken Futures PF_EURUSDshort−0.0062%1h1.1468−0.306%$3K50x
Hibachi EUR/USDT-P−0.0032%1h1.1471−0.283%$163K$8.2M30xas long as short
Nado EURUSD-PERP−0.0004%1h1.1474−0.251%$467K$153K40xas long as short
Bybit EURUSDUSDT0.0000%8h1.1473−0.261%$584K$223K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1475−0.246%$144K$5K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1474−0.254%$253K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1471−0.280%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1477−0.228%$2.4M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1494−0.080%$12K$262K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1472−0.269%$6.7M$1.2M100xas long as short
Injective EURUSD/USDC PERP+0.0039%1h1.1466−0.320%$9K$78K101xas long as short
Vest EUR-USD-PERPlong+0.0046%1h1.1503long leg$264K100x
Lighter EURUSD+0.0048%1h1.1483−0.177%$2.1M$435K50xas long as short
Hotstuff EURUSD-PERP+0.0088%1h1.1477−0.228%$33K50xas long as short
Pacifica EURUSD+0.0100%1h1.1474−0.254%$190K$61K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1479−0.213%$12K10xas long as short
tradeXYZ xyz:EUR+0.0128%1h1.1477−0.228%$23.3M$1.8M50xas long as short