Funding you earn now, next payment 07:00 UTC−0.0240%/8h= −26.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.100%
Price spread now: Lighter against Hibachi+0.124%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days−0.622%−$62 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.124%, 7d avg +0.102%
=Together, before fees−0.786%+ Points / potential airdropHibachi: Active · Lighter: Season 3 · farm board−$79 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.021% dearer against Hibachi than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of +0.102%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi AUD/USDT-P | 0.7119 | 0.0264 | pay 0.0033% / 1h | 40m 56s | $9K | $2.5M | 20x |
| Short | Lighter AUDUSD | 0.7128 | 0.0024 | get 0.0003% / 1h | 40m 56s | $529K | $42K | 25x |
Hibachi AUD/USDT-P
Lighter AUDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hibachi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: +0.124% → +0.102%
- $2.11
- Slippage, 4 orders
- −$68.74
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$126.03
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from Hibachi: live order book, 3 min ago; Lighter: live order book, 59 min ago.
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 Hibachi live order book, 3 min ago | 1.97 bp | 29.1 bp −$29 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 10.02 bp | 10.2 bp −$10 | 16.6 bp −$166 | 58.3 bp −$5,831 | doesn't fit |
AUD on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AUD_USDT | −0.0056% | 4h | 0.7115 | −0.056% | $9.8M | $229K | 100x | as long as short |
| Lighter AUDUSDshort | +0.0024% | 1h | 0.7128 | +0.124% | $529K | $42K | 25x | |
| Injective AUDUSD/USDC PERP | +0.0033% | 1h | 0.7110 | −0.121% | $592 | $2 | 101x | as long as short |
| Vest AUD-USD-PERP | +0.0035% | 1h | 0.7100 | −0.261% | — | $21K | 100x | as long as short |
| Hibachi AUD/USDT-Plong | +0.0264% | 1h | 0.7119 | long leg | $9K | $2.5M | 20x |
MEXC AUD_USDT
Injective AUDUSD/USDC PERP
Vest AUD-USD-PERP