Settings8H · net · $10k
Funding arb · Price arb /

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.058%
Price spread now: Hibachi against Bitget+0.006%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GBPUSDUSDT1.33490get 0.0000% / 8h7h 42m$12K$9K100x
ShortHibachi GBP/USDT-P1.3350−0.0064pay 0.0008% / 1h42m 52s$22K$45K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Bitget. 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

Funding earned
−$13.44
Price spread: +0.006% → 0.000%
$0.64
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$33.8
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bitget: no order-book sample; Hibachi: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget no order-book sample
Sell Hibachi no order-book sample
Bitget and Hibachi: 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.

GBP on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi GBP/USDT-Pshort−0.0064%1h1.3350+0.006%$22K$45K20x
Lighter GBPUSD0.0000%1h1.3345−0.032%$192K$982K50xas long as short
Gate GBPUSD_USDT0.0000%8h1.3379+0.225%$223K$10K100xas long as short
Bitget GBPUSDUSDTlong0.0000%8h1.3349long leg$12K$9K100x
SunX GBPUSD-USDT0.0000%1h1.3356+0.052%$2.3M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3343−0.042%$98920xas long as short
HTX GBPUSD-USDT0.0000%1h1.3387+0.285%$5K$336K20xas long as short
Nado GBPUSD-PERP+0.0011%1h1.3352+0.025%$16K$1K40xas long as short
Vest GBP-USD-PERP+0.0039%1h1.3341−0.060%$5K100xas long as short
tradeXYZ xyz:GBP+0.0046%1h1.3353+0.030%$248K$354K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0170%4h1.3351+0.015%$26.0M$252K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3504+1.158%$11K$72K101xas long as short
Bybit GBPUSDUSDT+0.0478%8h1.3372+0.175%$270K$67K100xas long as short