Funding you earn now, next payment 07:00 UTC−0.0330%/8h= −36.1% APRpaid last 24h −0.041%
Price spread now: MEXC against Hibachi−0.067%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days−0.205%−$20 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.067%, 7d avg −0.028%
=Together, before fees−0.164%+ Points / potential airdropHibachi: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.039% cheaper against Hibachi than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.205% in total (about -10.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 | 38m 48s | $9K | $2.5M | 20x |
| Short | MEXC AUD_USDT | 0.7114 | −0.0066 | pay 0.0033% / 4h | 1h 38m | $9.7M | $229K | 100x |
Hibachi AUD/USDT-P
MEXC AUD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$69.3
- Price spread: −0.067% → −0.028%
- −$3.88
- Slippage, 4 orders
- −$52.61
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$142.79
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from Hibachi: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago | 1.97 bp | 29.1 bp −$29 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.40 bp | 6.6 bp −$7 | 7.9 bp −$79 | 31.7 bp −$3,170 | 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_USDTshort | −0.0066% | 4h | 0.7114 | −0.067% | $9.7M | $229K | 100x | |
| Lighter AUDUSD | +0.0024% | 1h | 0.7127 | +0.117% | $529K | $42K | 25x | as long as short |
| Injective AUDUSD/USDC PERP | +0.0033% | 1h | 0.7110 | −0.118% | $592 | $2 | 101x | as long as short |
| Vest AUD-USD-PERP | +0.0035% | 1h | 0.7100 | −0.270% | — | $21K | 100x | as long as short |
| Hibachi AUD/USDT-Plong | +0.0264% | 1h | 0.7119 | long leg | $9K | $2.5M | 20x |
Lighter AUDUSD
Injective AUDUSD/USDC PERP
Vest AUD-USD-PERP