Funding you earn now, next payment 01:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.052%
Price spread now: Hibachi against HTX−0.104%48s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days+0.339%+$34 on $10k
+Price spread, last 3 days (all we have)+0.081%+$8 · spread now −0.104%, 7d avg −0.055%
=Together, before fees+0.420%+ Points / potential airdropHibachi: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hibachi is 0.049% cheaper against HTX than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.055%). If the spread goes back, that is −$5 on $10k: about 4.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.339% in total) that is about 24 hours. The two prices were read 48 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 | HTX EURUSD-USDT | 1.1482 | 0 | get 0.0000% / 1h | 59m 30s | $13K | $258K | 20x |
| Short | Hibachi EUR/USDT-P | 1.1470 | 0.0040 | get 0.0005% / 1h | 59m 30s | $160K | $8.3M | 30x |
HTX EURUSD-USDT
Hibachi EUR/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against HTX. 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
- $8.4
- Price spread: −0.104% → −0.055%
- −$4.9
- Slippage, 4 orders
- −$47.81
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$65.31
- Costs to cover
- 0.688%
- Break-even
- 61.4 days
Slippage from HTX: live order book, 7 min ago; Hibachi: live order book, 5 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 HTX live order book, 7 min ago | 6.54 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| 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 |
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 | −0.0134% | 4h | 1.1473 | −0.078% | $6.8M | $138K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0052% | 1h | 1.1470 | −0.101% | $3K | — | 50x | as long as short |
| Nado EURUSD-PERP | −0.0005% | 1h | 1.1473 | −0.076% | $467K | $175K | 40x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1479 | −0.024% | $2.1M | $441K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1472 | −0.090% | $584K | $279K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1476 | −0.052% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1473 | −0.078% | $251K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1470 | −0.105% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1479 | −0.026% | — | $2.5M | 10x | as long as short |
| HTX EURUSD-USDTlong | 0.0000% | 1h | 1.1482 | long leg | $13K | $258K | 20x |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Nado EURUSD-PERP
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX 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 | 1.1471 | −0.100% | $6.7M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1470 | −0.101% | $9K | $78K | 101x | as long as short |
| Hibachi EUR/USDT-Pshort | +0.0040% | 1h | 1.1470 | −0.104% | $160K | $8.3M | 30x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1502 | +0.171% | — | $264K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1471 | −0.092% | $190K | $126K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | −0.041% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0175% | 1h | 1.1479 | −0.026% | $23.2M | $1.9M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0176% | 1h | 1.1480 | −0.017% | $33K | — | 50x | as long as short |
Extended EUR-USD
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR
Hotstuff EURUSD-PERP