EUR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.003%

Price spread now: Hibachi against Hotstuff−0.034%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Hibachi is 0.034% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 7.0 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff EURUSD-PERP	1.1462	0.0240	pay 0.0030% / 1h	4m 21s	$33K	—	50x
Short	Hibachi EUR/USDT-P	1.1458	0.0256	get 0.0032% / 1h	4m 21s	$168K	$8.4M	30x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HotstuffbpFee HibachibpOrdersPrice spread, now −0.034%Rate

Funding earned: $3.36
Price spread: −0.034% → 0.000%: −$3.37
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: −$14.01
Costs to cover: 0.140%
Break-even: 36.2 days

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	4.7 bp −$5	19.9 bp −$199	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
MEXC EUR_USDT	−0.0182%	4h	1.1458	−0.035%	$6.8M	$139K	100x	as long as short
Kraken Futures PF_EURUSD	−0.0020%	1h	1.1454	−0.071%	$3K	—	50x	as long as short
Bybit EURUSDUSDT	0.0000%	8h	1.1474	+0.107%	$579K	$311K	100x	as long as short
Gate EURUSD_USDT	0.0000%	8h	1.1465	+0.026%	$143K	$5K	100x	as long as short
Bitget EURUSDUSDT	0.0000%	8h	1.1471	+0.079%	$263K	$25K	100x	as long as short
Orderly PERP_EURUSD_USDC	0.0000%	8h	1.1453	−0.079%	$246K	$122K	50x	as long as short
SunX EURUSD-USDT	0.0000%	1h	1.1462	0.000%	—	$2.4M	10x	as long as short
HTX EURUSD-USDT	0.0000%	1h	1.1465	+0.026%	$13K	$272K	20x	as long as short
Extended EUR-USD	+0.0032%	1h	1.1453	−0.079%	$6.8M	$1.3M	100x	as long as short
Injective EURUSD/USDC PERP	+0.0033%	1h	1.1466	+0.038%	$9K	$78K	101x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest EUR-USD-PERP	+0.0046%	1h	1.1485	+0.200%	—	$224K	100x	as long as short
Nado EURUSD-PERP	+0.0051%	1h	1.1455	−0.063%	$466K	$158K	40x	as long as short
Lighter EURUSD	+0.0072%	1h	1.1462	+0.003%	$2.1M	$511K	50x	as long as short
Pacifica EURUSD	+0.0100%	1h	1.1454	−0.070%	$191K	$60K	50x	as long as short
Aevo EURUSD-PERP	+0.0104%	1h	1.1459	−0.023%	$12K	—	10x	as long as short
tradeXYZ xyz:EUR	+0.0226%	1h	1.1463	+0.009%	$23.2M	$1.7M	50x	as long as short
Hotstuff EURUSD-PERPlong	+0.0240%	1h	1.1462	long leg	$33K	—	50x
Hibachi EUR/USDT-Pshort	+0.0256%	1h	1.1458	−0.034%	$168K	$8.4M	30x