EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0264%/8h= −28.9% APRnext payment −$0.33 per $10,000 · paid last 24h −0.028%

Price spread now: SunX against Hibachi+0.060%52s7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$247as 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−$2092.092% of the position

Long on Hibachi Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.374%−$37 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.060%, 7d avg +0.044%

Together, before fees−0.408%+ Points / potential airdropHibachi: Active · farm board−$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 52 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	1.1465	0.0264	pay 0.0033% / 1h	38m 25s	$185K	$8.3M	30x
Short	SunX EURUSD-USDT	1.1472	0	get 0.0000% / 1h	38m 25s	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Hibachi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HibachibpFee SunXbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$55.44
Price spread: +0.060% → +0.044%: $1.61
Slippage, 4 orders: −$192.16
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$262.99
Costs to cover: 2.092%
Break-even: never at this rate

Slippage from Hibachi: live order book, 1 min ago; SunX: live order book, 8 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, 1 min ago	0.04 bp	4.6 bp −$5	18.9 bp −$189	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	81.50 bp	100.3 bp −$100	doesn't fit	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	1.1462	−0.026%	$3K	—	50x	as long as short
MEXC EUR_USDT	−0.0226%	4h	1.1466	+0.008%	$6.8M	$134K	100x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1484	+0.168%	$579K	$311K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1475	+0.086%	$144K	$6K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1477	+0.104%	$261K	$25K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1460	−0.044%	$198K	$73K	50x	as long as short
SunX EURUSD-USDTshort	0.0000%	1h	1.1472	+0.060%	—	$2.4M	10x
HTX EURUSD-USDT	0.0000%	1h	1.1470	+0.043%	$12K	$266K	20x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1460	−0.046%	$6.8M	$1.2M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	+0.011%	$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	1.1492	+0.232%	—	$241K	100x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1467	+0.017%	$191K	$60K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1475	+0.084%	$12K	—	10x	as long as short
Nado EURUSD-PERP	+0.0106%	1h	1.1463	−0.022%	$467K	$154K	40x	as long as short
tradeXYZ xyz:EUR	+0.0244%	1h	1.1471	+0.052%	$23.2M	$1.6M	50x	as long as short
Hotstuff EURUSD-PERP	+0.0264%	1h	1.1471	+0.052%	$33K	—	50x	as long as short
Hibachi EUR/USDT-Plong	+0.0264%	1h	1.1465	long leg	$185K	$8.3M	30x
Lighter EURUSD	+0.0288%	1h	1.1476	+0.098%	$2.2M	$408K	50x	as long as short