Funding you earn now, next payment 06:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.006%
Price spread now: Vest against Hibachi+0.562%7-day average +0.546% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.562%, 7d avg +0.546%
=Together, before fees−0.020%+ Points / potential airdropHibachi: Active · Vest: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi JPY/USDT-P | 0.006350 | 0.0024 | pay 0.0003% / 1h | 5m 21s | $9K | $95K | 20x |
| Short | Vest JPY-USD-PERP | 0.006386 | 0.0031 | get 0.0004% / 1h | 5m 21s | — | $117K | 100x |
Hibachi JPY/USDT-P
Vest JPY-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $1.51
- Price spread: +0.562% → +0.546%
- $1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$7.88
- Costs to cover
- 0.110%
- Break-even
- 43.5 days
Slippage unknown: Hibachi: no order-book sample; Vest: 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 no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Hibachi and Vest: 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.
JPY on 3 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 JPY_USDT | −0.0260% | 4h | 0.006358 | +0.121% | $14.7M | $140K | 100x | as long as short |
| Hibachi JPY/USDT-Plong | +0.0024% | 1h | 0.006350 | long leg | $9K | $95K | 20x | |
| Vest JPY-USD-PERPshort | +0.0031% | 1h | 0.006386 | +0.562% | — | $117K | 100x |
MEXC JPY_USDT