Funding you earn now, next payment 04:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h −0.038%
Price spread now: Gate against Hibachi+0.054%46s7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as 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−$570.569% of the position
Funding, last 7 days−0.378%−$38 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.054%, 7d avg +0.069%
=Together, before fees−0.332%+ Points / potential airdropHibachi: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.378%, so the current rate has only just turned in your favour. The two prices were read 46 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 | 1.1472 | −0.0112 | get 0.0014% / 1h | 8m 34s | $165K | $8.2M | 30x |
| Short | Gate EURUSD_USDT | 1.1478 | 0 | get 0.0000% / 8h | 4h 08m | $144K | $5K | 100x |
Hibachi EUR/USDT-P
Gate EURUSD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $23.52
- Price spread: +0.054% → +0.069%
- −$1.48
- Slippage, 4 orders
- −$32.89
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$34.85
- Costs to cover
- 0.569%
- Break-even
- 17.4 days
Slippage from Hibachi: live order book, 1 min ago; Gate: live order book, 42 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 | 4.8 bp −$5 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 8.28 bp | 21.4 bp −$21 | 190.0 bp −$1,900 | 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 | −0.0178% | 4h | 1.1478 | +0.054% | $6.8M | $135K | 100x | as long as short |
| Hibachi EUR/USDT-Plong | −0.0112% | 1h | 1.1472 | long leg | $165K | $8.2M | 30x | |
| Kraken Futures PF_EURUSD | −0.0062% | 1h | 1.1473 | +0.010% | $3K | — | 50x | as long as short |
| Nado EURUSD-PERP | −0.0007% | 1h | 1.1477 | +0.046% | $467K | $153K | 40x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1485 | +0.112% | $2.1M | $435K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1481 | +0.078% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDTshort | 0.0000% | 8h | 1.1478 | +0.054% | $144K | $5K | 100x | |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1477 | +0.045% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1474 | +0.019% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1481 | +0.080% | — | $2.4M | 10x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Nado EURUSD-PERP
Lighter EURUSD
Bybit EURUSDUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1484 | +0.106% | $12K | $263K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1475 | +0.027% | $6.7M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0039% | 1h | 1.1466 | −0.047% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1506 | +0.299% | — | $264K | 100x | as long as short |
| Hotstuff EURUSD-PERP | +0.0056% | 1h | 1.1482 | +0.089% | $33K | — | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1478 | +0.054% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1482 | +0.085% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0126% | 1h | 1.1481 | +0.080% | $23.3M | $1.8M | 50x | as long as short |
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Hotstuff EURUSD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR