Funding you earn now, next payment 01:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.17 per $10,000 · paid last 24h +0.024%
Price spread now: Hibachi against Hotstuff−0.086%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Hibachi: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hibachi is 0.086% cheaper against Hotstuff than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff EURUSD-PERP | 1.1480 | 0.0176 | pay 0.0022% / 1h | 59m 16s | $33K | — | 50x |
| Short | Hibachi EUR/USDT-P | 1.1470 | 0.0040 | get 0.0005% / 1h | 59m 16s | $160K | $8.3M | 30x |
Hotstuff EURUSD-PERP
Hibachi EUR/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Hotstuff. 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
- −$28.56
- Price spread: −0.086% → 0.000%
- −$8.62
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$51.18
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Hibachi: live order book, 5 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Hibachi live order book, 5 min ago | 0.04 bp | 4.5 bp −$5 | 16.4 bp −$164 | doesn't fit | doesn't fit |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0211% | 1h | 1.1471 | −0.080% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0134% | 4h | 1.1473 | −0.061% | $6.8M | $138K | 100x | as long as short |
| Nado EURUSD-PERP | −0.0005% | 1h | 1.1473 | −0.058% | $467K | $175K | 40x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1479 | −0.006% | $2.1M | $441K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1471 | −0.076% | $584K | $279K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1476 | −0.035% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1473 | −0.061% | $251K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1470 | −0.087% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1479 | −0.009% | — | $2.5M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1479 | −0.009% | $13K | $258K | 20x | as long as short |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Nado EURUSD-PERP
Lighter EURUSD
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-USD | +0.0032% | 1h | 1.1470 | −0.086% | $6.7M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1470 | −0.084% | $9K | $78K | 101x | as long as short |
| Hibachi EUR/USDT-Pshort | +0.0040% | 1h | 1.1470 | −0.086% | $160K | $8.3M | 30x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1502 | +0.188% | — | $264K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1471 | −0.075% | $190K | $126K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1478 | −0.016% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0175% | 1h | 1.1479 | −0.009% | $23.2M | $1.9M | 50x | as long as short |
| Hotstuff EURUSD-PERPlong | +0.0176% | 1h | 1.1480 | long leg | $33K | — | 50x |
Extended EUR-USD
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR