Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.037%
Price spread now: Extended against Hibachi−0.025%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.025%, 7d avg −0.037%
=Together, before fees−0.280%+ Points / potential airdropHibachi: Active · Extended: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi EUR/USDT-P | 1.1470 | 0.0064 | pay 0.0008% / 1h | 39m 33s | $174K | $8.3M | 30x |
| Short | Extended EUR-USD | 1.1467 | 0.0032 | get 0.0004% / 1h | 39m 33s | $6.7M | $1.3M | 100x |
Hibachi EUR/USDT-P
Extended EUR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$6.72
- Price spread: −0.025% → −0.037%
- $1.19
- Slippage, 4 orders
- −$6.17
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.7
- Costs to cover
- 0.202%
- Break-even
- never at this rate
Slippage from Hibachi: live order book, 5 min ago; Extended: 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 | 0.04 bp | 4.5 bp −$5 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.04 bp | 4.9 bp −$5 | 10.1 bp −$101 | doesn't fit | doesn't fit |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0211% | 1h | 1.1469 | −0.011% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0176% | 4h | 1.1470 | +0.001% | $6.8M | $139K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1475 | +0.040% | $582K | $280K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1476 | +0.054% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1471 | +0.010% | $253K | $21K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1467 | −0.025% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1476 | +0.054% | — | $2.5M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1474 | +0.036% | $12K | $257K | 20x | as long as short |
| Extended EUR-USDshort | +0.0032% | 1h | 1.1467 | −0.025% | $6.7M | $1.3M | 100x | |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1470 | +0.005% | $9K | $78K | 101x | as long as short |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0038% | 1h | 1.1470 | 0.000% | $466K | $156K | 40x | as long as short |
| Lighter EURUSD | +0.0040% | 1h | 1.1480 | +0.085% | $2.1M | $441K | 50x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1499 | +0.253% | — | $264K | 100x | as long as short |
| Hibachi EUR/USDT-Plong | +0.0064% | 1h | 1.1470 | long leg | $174K | $8.3M | 30x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1467 | −0.021% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | +0.064% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0226% | 1h | 1.1477 | +0.062% | $23.3M | $1.9M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0232% | 1h | 1.1477 | +0.062% | $33K | — | 50x | as long as short |
Nado EURUSD-PERP
Lighter EURUSD
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR
Hotstuff EURUSD-PERP