QuantOracle FX Interest Rate Parity is a paid API for AI agents from api.quantoracle.dev, paid per call via x402, $0.005/call, status unknown (last checked 2026-09-14).
Calculates covered or uncovered interest rate parity, detects FX mispricing, and identifies arbitrage opportunities between forward and theoretical forward rates.
QuantOracle: fx/interest-rate-parity
Returns the theoretical forward rate, whether the market rate is mispriced, the arbitrage profit in absolute and percentage terms, the forward premium percentage, the recommended carry direction (e.g. BORROW_FOREIGN), and the annualized carry yield. Response time is typically under 10ms.
POSThttps://api.quantoracle.dev/v1/fx/interest-rate-parityUse this endpoint when you need a fast, programmatic check of interest rate parity conditions for a specific currency pair — particularly when you have a concrete forward rate to benchmark against the theoretical value and want to detect arbitrage or carry trade opportunities. Prefer this over manual spreadsheet calculations or generic financial data APIs that don't perform the full covered/uncovered parity analysis with arbitrage profit quantification.
{
"spot_rate": 1.085,
"time_years": 1,
"parity_type": "covered",
"foreign_rate": 0.0375,
"domestic_rate": 0.0525,
"actual_forward": 1.07
}| Field | Type | Description |
|---|---|---|
| spot_rate | number | Current spot exchange rate |
| time_years | number | Time horizon in years |
| parity_type | string | Parity type: covered or uncovered |
| foreign_rate | number | Foreign interest rate (annualized) |
| domestic_rate | number | Domestic interest rate (annualized) |
| actual_forward | — | Actual forward rate for arbitrage detection |
{
"ms": 7.87,
"_meta": {
"url": "https://quantoracle.dev",
"docs": "https://api.quantoracle.dev/docs",
"powered_by": "QuantOracle"
},
"mispriced": true,
"parity_type": "covered",
"arbitrage_pct": 2.8283,
"carry_direction": "BORROW_FOREIGN",
"arbitrage_profit": 0.0307,
"forward_premium_pct": 1.4458,
"theoretical_forward": 1.100687,
"annualized_carry_yield": 1.5
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