Funding you earn now, next payment 00:00 UTC−0.0175%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h −0.047%
Price spread now: Injective against Hibachi+0.031%113s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.311%−$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 0.031% dearer against Hibachi than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 hours. The two prices were read 113 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 | Hibachi EUR/USDT-P | 1.1467 | 0.0208 | pay 0.0026% / 1h | 15m 21s | $166K | $8.4M | 30x |
| Short | Injective EURUSD/USDC PERP | 1.1470 | 0.0033 | get 0.0004% / 1h | 15m 21s | $9K | $78K | 101x |
Hibachi EUR/USDT-P
Injective EURUSD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$36.68
- Price spread: +0.031% → 0.000%
- $3.14
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$42.56
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hibachi: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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, 4 min ago | 0.04 bp | 4.5 bp −$5 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0158% | 4h | 1.1466 | −0.007% | $6.8M | $153K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0095% | 1h | 1.1463 | −0.029% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1472 | +0.043% | $584K | $279K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1482 | +0.133% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1471 | +0.037% | $250K | $26K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1464 | −0.024% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1472 | +0.045% | — | $2.6M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1473 | +0.054% | $12K | $258K | 20x | as long as short |
| Nado EURUSD-PERP | +0.0010% | 1h | 1.1466 | −0.008% | $466K | $265K | 40x | as long as short |
| Lighter EURUSD | +0.0024% | 1h | 1.1476 | +0.077% | $2.1M | $534K | 50x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Nado EURUSD-PERP
Lighter EURUSDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EUR-USD | +0.0032% | 1h | 1.1464 | −0.026% | $6.7M | $1.7M | 100x | as long as short |
| Injective EURUSD/USDC PERPshort | +0.0033% | 1h | 1.1470 | +0.031% | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1495 | +0.249% | — | $287K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1464 | −0.022% | $190K | $146K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1475 | +0.068% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0112% | 1h | 1.1473 | +0.054% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0187% | 1h | 1.1471 | +0.037% | $23.2M | $2.4M | 50x | as long as short |
| Hibachi EUR/USDT-Plong | +0.0208% | 1h | 1.1467 | long leg | $166K | $8.4M | 30x |
Extended EUR-USD
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
tradeXYZ xyz:EUR