Funding you earn now, next payment 05:00 UTC−0.0240%/8h= −26.3% APRnext payment −$0.30 per $10,000 · paid last 24h +0.034%
Price spread now: Hibachi against SunX−0.079%52s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as 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−$2182.183% of the position
Funding, last 7 days+0.376%+$38 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.079%, 7d avg −0.044%
=Together, before fees+0.428%+ Points / potential airdropHibachi: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Hibachi is 0.035% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.376%, so the current rate has only just turned against you. 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 | SunX EURUSD-USDT | 1.1482 | 0 | get 0.0000% / 1h | 18m 26s | — | $2.4M | 10x |
| Short | Hibachi EUR/USDT-P | 1.1473 | −0.0240 | pay 0.0030% / 1h | 18m 26s | $174K | $8.3M | 30x |
SunX EURUSD-USDT
Hibachi EUR/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against SunX. 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
- −$50.4
- Price spread: −0.079% → −0.044%
- −$3.5
- Slippage, 4 orders
- −$201.29
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$272.19
- Costs to cover
- 2.183%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; Hibachi: live order book, 1 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 SunX live order book, 8 min ago | 82.31 bp | 100.3 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 1 min ago | 0.04 bp | 4.5 bp −$5 | 13.3 bp −$133 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi EUR/USDT-Pshort | −0.0240% | 1h | 1.1473 | −0.079% | $174K | $8.3M | 30x | |
| Kraken Futures PF_EURUSD | −0.0179% | 1h | 1.1474 | −0.072% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0166% | 4h | 1.1479 | −0.026% | $6.8M | $134K | 100x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1485 | +0.030% | $2.1M | $415K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1480 | −0.016% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1480 | −0.017% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1478 | −0.035% | $253K | $21K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1476 | −0.052% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDTlong | 0.0000% | 1h | 1.1482 | long leg | — | $2.4M | 10x | |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1479 | −0.026% | $13K | $264K | 20x | as long as short |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
HTX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0009% | 1h | 1.1479 | −0.023% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1476 | −0.050% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.136% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1508 | +0.227% | — | $265K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1476 | −0.049% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1483 | +0.010% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0120% | 1h | 1.1481 | −0.009% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0173% | 1h | 1.1481 | −0.009% | $23.3M | $1.6M | 50x | as long as short |
Nado EURUSD-PERP
Extended EUR-USD
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
tradeXYZ xyz:EUR