Settings8H · net · $10k
Funding arb · Price arb /

JPY

RWAall JPY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h −0.022%
Price spread now: Hibachi against MEXC−0.076%7-day average −0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.290%+$29 on $10k
Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.076%, 7d avg −0.067%
Together, before fees+0.551%+ Points / potential airdropHibachi: Active · farm board+$55 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.290%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC JPY_USDT0.0063600.0400pay 0.0200% / 4h3h 49m$14.7M$143K100x
ShortHibachi JPY/USDT-P0.0063550.0104get 0.0013% / 1h49m 14s$8K$104K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against MEXC. 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

Funding earned
−$62.16
Price spread: −0.076% → −0.067%
−$0.91
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$76.07
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 9 min ago; Hibachi: live order book, 25 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 9 min ago11.01 bp28.6 bp −$2959.2 bp −$592111.8 bp −$11.2Kdoesn't fit
Sell Hibachi live order book, 25 min ago1.57 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

JPY on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest JPY-USD-PERP+0.0031%1h0.006392+0.503%$155K100xas long as short
Hibachi JPY/USDT-Pshort+0.0104%1h0.006355−0.076%$8K$104K20x
MEXC JPY_USDTlong+0.0400%4h0.006360long leg$14.7M$143K100x