Funding you earn now, next payment 07:00 UTC−0.0150%/8h= −16.5% APRnext payment −$0.19 per $10,000 · paid last 24h −0.031%
Price spread now: Nado against Hibachi−0.003%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.144% of the position
Funding, last 3 days (all we have)−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.003%, 7d avg +0.004%
=Together, before fees−0.059%+ Points / potential airdropHibachi: Active · Nado: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$5 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 | 1.1466 | 0.0256 | pay 0.0032% / 1h | 39m 40s | $185K | $8.3M | 30x |
| Short | Nado EURUSD-PERP | 1.1465 | 0.0106 | get 0.0013% / 1h | 39m 40s | $467K | $154K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$31.55
- Price spread: −0.003% → +0.004%
- −$0.71
- Slippage, 4 orders
- −$4
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- −$46.66
- Costs to cover
- 0.144%
- Break-even
- never at this rate
Slippage from Hibachi: live order book, 5 min ago; Nado: live order book, 3 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 | 4.6 bp −$5 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.92 bp | 1.7 bp −$2 | 2.3 bp −$23 | 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 | −0.0228% | 1h | 1.1466 | +0.008% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0222% | 4h | 1.1466 | +0.004% | $6.8M | $134K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1484 | +0.164% | $579K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1478 | +0.109% | $144K | $6K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1476 | +0.091% | $261K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1462 | −0.031% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1474 | +0.074% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1474 | +0.074% | $12K | $266K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1460 | −0.050% | $6.8M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | +0.008% | $9K | $78K | 101x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1495 | +0.253% | — | $241K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1467 | +0.013% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1476 | +0.090% | $12K | — | 10x | as long as short |
| Nado EURUSD-PERPshort | +0.0106% | 1h | 1.1465 | −0.003% | $467K | $154K | 40x | |
| tradeXYZ xyz:EUR | +0.0241% | 1h | 1.1471 | +0.048% | $23.2M | $1.6M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0256% | 1h | 1.1474 | +0.074% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-Plong | +0.0256% | 1h | 1.1466 | long leg | $185K | $8.3M | 30x | |
| Lighter EURUSD | +0.0272% | 1h | 1.1476 | +0.095% | $2.2M | $408K | 50x | as long as short |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Pacifica EURUSD
tradeXYZ xyz:EUR
Lighter EURUSD