Funding you earn now, next payment 04:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h −0.045%
Price spread now: Hibachi against MEXC−0.033%47s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.033%, 7d avg −0.038%
=Together, before fees−0.204%+ Points / potential airdropHibachi: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAD_USDT | 0.7130 | 0.0400 | pay 0.0200% / 4h | 36m 41s | $25.3M | $85K | 100x |
| Short | Hibachi CAD/USDT-P | 0.7128 | 0.0104 | get 0.0013% / 1h | 36m 41s | $18K | $173K | 20x |
MEXC CAD_USDT
Hibachi CAD/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
- −$62.16
- Price spread: −0.033% → −0.038%
- $0.51
- Slippage, 4 orders
- −$32.98
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$111.63
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Hibachi: live order book, 37 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, 2 min ago | 1.40 bp | 5.4 bp −$5 | 5.4 bp −$54 | 40.7 bp −$4,074 | doesn't fit |
| Sell Hibachi live order book, 37 min ago | 0.42 bp | 22.5 bp −$23 | 93.2 bp −$932 | doesn't fit | doesn't fit |
CAD on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest CAD-USD-PERP | −0.0010% | 1h | 0.7142 | +0.165% | — | $31K | 100x | as long as short |
| Hibachi CAD/USDT-Pshort | +0.0104% | 1h | 0.7128 | −0.033% | $18K | $173K | 20x | |
| MEXC CAD_USDTlong | +0.0400% | 4h | 0.7130 | long leg | $25.3M | $85K | 100x |
Vest CAD-USD-PERP