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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Lighter against Bitget−0.019%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GBPUSDUSDT1.33560get 0.0000% / 8h7h 01m$12K$8K100x
ShortLighter GBPUSD1.33540get 0.0000% / 1h1m 02s$221K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$0
Price spread: −0.019% → 0.000%
−$1.87
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$13.87
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: no order-book sample; Lighter: live order book, 4 min ago. 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 Lighter live order book, 4 min ago0.94 bp0.9 bp −$16.8 bp −$6846.6 bp −$4,665doesn't fit
Bitget: 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-P−0.0072%1h1.3359+0.020%$22K$42K20xas long as short
Lighter GBPUSDshort0.0000%1h1.3354−0.019%$221K$1.0M50x
Bybit GBPUSDUSDT0.0000%8h1.3351−0.034%$241K$99K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3365+0.067%$221K$14K100xas long as short
Bitget GBPUSDUSDTlong0.0000%8h1.3356long leg$12K$8K100x
SunX GBPUSD-USDT0.0000%1h1.3363+0.052%$2.1M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3351−0.035%$98920xas long as short
HTX GBPUSD-USDT0.0000%1h1.3357+0.007%$5K$336K20xas long as short
Nado GBPUSD-PERP+0.0016%1h1.3362+0.044%$16K$1K40xas long as short
Vest GBP-USD-PERP+0.0038%1h1.3350−0.048%$5K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GBP+0.0052%1h1.3360+0.030%$257K$362K50xas long as short
MEXC GBP_USDT+0.0220%4h1.3358+0.015%$26.3M$367K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3504+1.105%$11K$72K101xas long as short