Funding you earn now, next payment 02:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h −0.008%
Price spread now: Hibachi against Vest−0.541%7-day average −0.544% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.541%, 7d avg −0.544%
=Together, before fees+0.011%+ Points / potential airdropVest: Active · Hibachi: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.544%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest JPY-USD-PERP | 0.006387 | 0.0031 | pay 0.0004% / 1h | 15m 05s | — | $155K | 100x |
| Short | Hibachi JPY/USDT-P | 0.006352 | 0.0136 | get 0.0017% / 1h | 15m 05s | $8K | $103K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $22.01
- Price spread: −0.541% → −0.544%
- $0.31
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $11.32
- Costs to cover
- 0.110%
- Break-even
- 3.4 days
Slippage unknown: Vest: no order-book sample; Hibachi: live order book, 54 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Hibachi live order book, 54 min ago | 2.36 bp | 23.8 bp −$24 | 94.1 bp −$941 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest JPY-USD-PERPlong | +0.0031% | 1h | 0.006387 | long leg | — | $155K | 100x | |
| Hibachi JPY/USDT-Pshort | +0.0136% | 1h | 0.006352 | −0.541% | $8K | $103K | 20x | |
| MEXC JPY_USDT | +0.0400% | 4h | 0.006363 | −0.376% | $14.7M | $145K | 100x | as long as short |
MEXC JPY_USDT