Funding you earn now, next payment 03:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.084%
Price spread now: Kraken Futures against Hibachi−0.011%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi EUR/USDT-P | 1.1470 | 0.0056 | pay 0.0007% / 1h | 0m 21s | $158K | $8.2M | 30x |
| Short | Kraken Futures PF_EURUSD | 1.1468 | 0.0119 | get 0.0015% / 1h | 0m 21s | $3K | — | 50x |
Hibachi EUR/USDT-P
Kraken Futures PF_EURUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $13.14
- Price spread: −0.011% → 0.000%
- −$1.13
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$6.99
- Costs to cover
- 0.190%
- Break-even
- 10.7 days
Slippage unknown: Hibachi: live order book, 4 min ago; Kraken Futures: no order-book sample. 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 Hibachi live order book, 4 min ago | 0.04 bp | 4.5 bp −$5 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.
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 | −0.0176% | 4h | 1.1472 | +0.021% | $6.8M | $139K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1473 | +0.026% | $584K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1474 | +0.038% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1473 | +0.029% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1470 | +0.003% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1477 | +0.064% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1476 | +0.055% | $13K | $260K | 20x | as long as short |
| Nado EURUSD-PERP | +0.0007% | 1h | 1.1473 | +0.026% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1469 | −0.002% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.028% | $9K | $78K | 101x | as long as short |
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Nado EURUSD-PERP
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1501 | +0.275% | — | $264K | 100x | as long as short |
| Hibachi EUR/USDT-Plong | +0.0056% | 1h | 1.1470 | long leg | $158K | $8.2M | 30x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1472 | +0.021% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1478 | +0.068% | $12K | — | 10x | as long as short |
| Kraken Futures PF_EURUSDshort | +0.0119% | 1h | 1.1468 | −0.011% | $3K | — | 50x | |
| Hotstuff EURUSD-PERP | +0.0144% | 1h | 1.1477 | +0.064% | $33K | — | 50x | as long as short |
| Lighter EURUSD | +0.0152% | 1h | 1.1481 | +0.102% | $2.1M | $444K | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0188% | 1h | 1.1478 | +0.073% | $23.3M | $1.8M | 50x | as long as short |
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
Lighter EURUSD
tradeXYZ xyz:EUR