Funding you earn now, next payment 05:00 UTC+0.0352%/8h= +38.5% APRpaid last 24h +0.058%
Price spread now: Hibachi against Gate−0.003%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GBPUSD_USDT | 1.3387 | 0 | get 0.0000% / 8h | 3h 45m | $222K | $9K | 100x |
| Short | Hibachi GBP/USDT-P | 1.3387 | 0.0352 | get 0.0044% / 1h | 45m 39s | $19K | $34K | 20x |
Gate GBPUSD_USDT
Hibachi GBP/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Gate. 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
- $73.92
- Price spread: −0.003% → 0.000%
- −$0.3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $49.62
- Costs to cover
- 0.240%
- Break-even
- 2.3 days
Slippage unknown: Gate: live order book, 66 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 66 min ago | 1.49 bp | 79.3 bp −$79 | 198.7 bp −$1,987 | doesn't fit | doesn't fit |
| Sell Hibachi no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado GBPUSD-PERP | −0.0063% | 1h | 1.3388 | +0.011% | $16K | $7K | 40x | as long as short |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3385 | −0.015% | $233K | $342K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3383 | −0.027% | $181K | $999K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3376 | −0.081% | $245K | $69K | 100x | as long as short |
| Gate GBPUSD_USDTlong | 0.0000% | 8h | 1.3387 | long leg | $222K | $9K | 100x | |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3384 | −0.022% | $12K | $14K | 100x | as long as short |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3385 | −0.015% | — | $2.4M | 10x | as long as short |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3379 | −0.057% | $991 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3393 | +0.045% | $5K | $334K | 20x | as long as short |
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3376 | −0.080% | — | $38K | 100x | as long as short |
Nado GBPUSD-PERP
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Bitget GBPUSDUSDT
SunX GBPUSD-USDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
Vest GBP-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GBP_USDT | +0.0114% | 4h | 1.3383 | −0.030% | $26.0M | $258K | 100x | as long as short |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3519 | +0.985% | $11K | $73K | 101x | as long as short |
| Hibachi GBP/USDT-Pshort | +0.0352% | 1h | 1.3387 | −0.003% | $19K | $34K | 20x |
MEXC GBP_USDT
Injective GBPUSD/USDC PERP