Funding you earn now, next payment 08:00 UTC+0.0640%/8h= +70.1% APRpaid last 24h +0.039%
Price spread now: Hibachi against MEXC+0.035%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.035%, 7d avg +0.029%
=Together, before fees+0.184%+ Points / potential airdropHibachi: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.200% in total (about 10.4% 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 | MEXC AUD_USDT | 0.7104 | −0.0400 | get 0.0200% / 4h | 5m 25s | $9.7M | $231K | 100x |
| Short | Hibachi AUD/USDT-P | 0.7106 | 0.0240 | get 0.0030% / 1h | 5m 25s | $9K | $2.4M | 20x |
MEXC AUD_USDT
Hibachi AUD/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against MEXC. 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
- $134.4
- Price spread: +0.035% → +0.029%
- $0.59
- Slippage, 4 orders
- −$50.33
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $67.66
- Costs to cover
- 0.673%
- Break-even
- 3.5 days
Slippage from MEXC: live order book, 3 min ago; Hibachi: 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 MEXC live order book, 3 min ago | 1.41 bp | 5.4 bp −$5 | 5.4 bp −$54 | 14.9 bp −$1,490 | doesn't fit |
| Sell Hibachi live order book, 4 min ago | 2.32 bp | 25.8 bp −$26 | 53.2 bp −$532 | doesn't fit | 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_USDTlong | −0.0400% | 4h | 0.7104 | long leg | $9.7M | $231K | 100x | |
| Lighter AUDUSD | +0.0024% | 1h | 0.7115 | +0.156% | $528K | $20K | 25x | as long as short |
| Injective AUDUSD/USDC PERP | +0.0033% | 1h | 0.7110 | +0.090% | $592 | $2 | 101x | as long as short |
| Vest AUD-USD-PERP | +0.0035% | 1h | 0.7088 | −0.224% | — | $1 | 100x | as long as short |
| Hibachi AUD/USDT-Pshort | +0.0240% | 1h | 0.7106 | +0.035% | $9K | $2.4M | 20x |
Lighter AUDUSD
Injective AUDUSD/USDC PERP
Vest AUD-USD-PERP