Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.029%
Price spread now: Extended against Hibachi+0.007%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$180.184% of the position
Funding, last 7 days−0.277%−$28 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.007%, 7d avg −0.037%
=Together, before fees−0.310%+ Points / potential airdropHibachi: Active · Extended: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.044% dearer against Hibachi than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%. Mind the row above: over the last 7 days funding on this pair cost −0.277%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi EUR/USDT-P | 1.1471 | −0.0032 | get 0.0004% / 1h | 33m 13s | $163K | $8.2M | 30x |
| Short | Extended EUR-USD | 1.1472 | 0.0032 | get 0.0004% / 1h | 33m 13s | $6.7M | $1.2M | 100x |
Hibachi EUR/USDT-P
Extended EUR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $13.44
- Price spread: +0.007% → −0.037%
- $4.43
- Slippage, 4 orders
- −$4.44
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$0.57
- Costs to cover
- 0.184%
- Break-even
- 7.3 days
Slippage from Hibachi: live order book, 1 min ago; Extended: live order book, 6 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 Hibachi live order book, 1 min ago | 0.04 bp | 4.6 bp −$5 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 0.04 bp | 2.7 bp −$3 | 7.7 bp −$77 | 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 | −0.0164% | 4h | 1.1475 | +0.037% | $6.8M | $134K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0062% | 1h | 1.1468 | −0.023% | $3K | — | 50x | as long as short |
| Hibachi EUR/USDT-Plong | −0.0032% | 1h | 1.1471 | long leg | $163K | $8.2M | 30x | |
| Nado EURUSD-PERP | −0.0004% | 1h | 1.1474 | +0.033% | $467K | $153K | 40x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1473 | +0.017% | $584K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1474 | +0.029% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1474 | +0.029% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1471 | +0.003% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1477 | +0.055% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1494 | +0.203% | $12K | $262K | 20x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Nado EURUSD-PERP
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended EUR-USDshort | +0.0032% | 1h | 1.1472 | +0.007% | $6.7M | $1.2M | 100x | |
| Injective EURUSD/USDC PERP | +0.0039% | 1h | 1.1466 | −0.037% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1503 | +0.284% | — | $264K | 100x | as long as short |
| Lighter EURUSD | +0.0056% | 1h | 1.1483 | +0.106% | $2.1M | $435K | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0088% | 1h | 1.1477 | +0.055% | $33K | — | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1474 | +0.029% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1479 | +0.070% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0129% | 1h | 1.1477 | +0.055% | $23.3M | $1.8M | 50x | as long as short |
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Lighter EURUSD
Hotstuff EURUSD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR