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 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest JPY-USD-PERP0.0063870.0031pay 0.0004% / 1h15m 05s$155K100x
ShortHibachi JPY/USDT-P0.0063520.0136get 0.0017% / 1h15m 05s$8K$103K20x

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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latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Hibachi live order book, 54 min ago2.36 bp23.8 bp −$2494.1 bp −$941doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest JPY-USD-PERPlong+0.0031%1h0.006387long leg$155K100x
Hibachi JPY/USDT-Pshort+0.0136%1h0.006352−0.541%$8K$103K20x
MEXC JPY_USDT+0.0400%4h0.006363−0.376%$14.7M$145K100xas long as short