Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.038%
Price spread now: Hibachi against Bitget−0.037%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs+$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 7 days+0.378%+$38 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.037%, 7d avg −0.013%
=Together, before fees+0.410%+ Points / potential airdropHibachi: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hibachi is 0.024% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.378%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EURUSDUSDT | 1.1476 | 0 | get 0.0000% / 8h | 4h 11m | $253K | $20K | 100x |
| Short | Hibachi EUR/USDT-P | 1.1472 | −0.0104 | pay 0.0013% / 1h | 11m 01s | $165K | $8.2M | 30x |
Bitget EURUSDUSDT
Hibachi EUR/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Bitget. 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
- −$21.84
- Price spread: −0.037% → −0.013%
- −$2.38
- Slippage, 4 orders
- −$2.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$48.13
- Costs to cover
- 0.239%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 39 min ago; Hibachi: live order book, 3 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 Bitget live order book, 39 min ago | 1.31 bp | 7.4 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 3 min ago | 0.04 bp | 4.7 bp −$5 | 20.3 bp −$203 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0162% | 4h | 1.1478 | +0.017% | $6.8M | $135K | 100x | as long as short |
| Hibachi EUR/USDT-Pshort | −0.0104% | 1h | 1.1472 | −0.037% | $165K | $8.2M | 30x | |
| Kraken Futures PF_EURUSD | −0.0062% | 1h | 1.1473 | −0.027% | $3K | — | 50x | as long as short |
| Nado EURUSD-PERP | −0.0008% | 1h | 1.1477 | +0.009% | $467K | $153K | 40x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1480 | +0.037% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1478 | +0.017% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDTlong | 0.0000% | 8h | 1.1476 | long leg | $253K | $20K | 100x | |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1474 | −0.017% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1481 | +0.044% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1479 | +0.026% | $13K | $263K | 20x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Nado EURUSD-PERP
Bybit EURUSDUSDT
Gate EURUSD_USDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter EURUSD | +0.0008% | 1h | 1.1484 | +0.067% | $2.1M | $435K | 50x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1474 | −0.021% | $6.7M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0039% | 1h | 1.1466 | −0.084% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1506 | +0.259% | — | $264K | 100x | as long as short |
| Hotstuff EURUSD-PERP | +0.0056% | 1h | 1.1481 | +0.044% | $33K | — | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1478 | +0.017% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1481 | +0.044% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0124% | 1h | 1.1481 | +0.044% | $23.3M | $1.8M | 50x | as long as short |
Lighter EURUSD
Extended EUR-USD
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Hotstuff EURUSD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR