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

EUR

RWAall EUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.013%
Price spread now: Nado against Vest−0.246%7-day average −0.278% · 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)−0.031%−$3 on $10k
Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.246%, 7d avg −0.278%
Together, before fees−0.013%+ Points / potential airdropVest: Active · Nado: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.032% dearer against Vest than usual: you sell high and buy low (spread −0.246% now, against its 7-day average of −0.278%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest EUR-USD-PERP1.15020.0046pay 0.0006% / 1h59m 27s$264K100x
ShortNado EURUSD-PERP1.1473−0.0005pay 0.0001% / 1h59m 27s$467K$175K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.58
Price spread: −0.246% → −0.278%
$3.19
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$10.79
Costs to cover
0.034%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Nado: live order book, 8 min ago. 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 Nado live order book, 8 min ago1.13 bp2.4 bp −$23.2 bp −$32doesn't fitdoesn't fit
Vest: 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−0.0134%4h1.1473−0.249%$6.8M$138K100xas long as short
Kraken Futures PF_EURUSD−0.0052%1h1.1470−0.271%$3K50xas long as short
Nado EURUSD-PERPshort−0.0005%1h1.1473−0.246%$467K$175K40x
Lighter EURUSD0.0000%1h1.1479−0.194%$2.1M$441K50xas long as short
Bybit EURUSDUSDT0.0000%8h1.1472−0.260%$584K$279K100xas long as short
Gate EURUSD_USDT0.0000%8h1.1476−0.222%$142K$4K100xas long as short
Bitget EURUSDUSDT0.0000%8h1.1473−0.249%$251K$20K100xas long as short
Orderly PERP_EURUSD_USDC0.0000%8h1.1470−0.275%$198K$111K50xas long as short
SunX EURUSD-USDT0.0000%1h1.1479−0.196%$2.5M10xas long as short
HTX EURUSD-USDT0.0000%1h1.1482−0.170%$13K$258K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EUR-USD+0.0032%1h1.1471−0.270%$6.7M$1.3M100xas long as short
Injective EURUSD/USDC PERP+0.0033%1h1.1470−0.271%$9K$78K101xas long as short
Hibachi EUR/USDT-P+0.0040%1h1.1470−0.274%$160K$8.3M30xas long as short
Vest EUR-USD-PERPlong+0.0046%1h1.1502long leg$264K100x
Pacifica EURUSD+0.0100%1h1.1471−0.262%$190K$126K50xas long as short
Aevo EURUSD-PERP+0.0104%1h1.1477−0.211%$12K10xas long as short
tradeXYZ xyz:EUR+0.0175%1h1.1479−0.196%$23.2M$1.9M50xas long as short
Hotstuff EURUSD-PERP+0.0176%1h1.1480−0.188%$33K50xas long as short