Funding you earn now, next payment 03:00 UTC−0.0312%/8h= −34.2% APRpaid last 24h −0.055%
Price spread now: Bitget against Hibachi−0.012%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: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi GBP/USDT-P | 1.3377 | 0.0312 | pay 0.0039% / 1h | 28m 29s | $19K | $34K | 20x |
| Short | Bitget GBPUSDUSDT | 1.3375 | 0 | get 0.0000% / 8h | 5h 28m | $12K | $13K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$65.52
- Price spread: −0.012% → 0.000%
- −$1.2
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$87.72
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Bitget: 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Bitget no order-book sample | — | — | — | — | — |
Hibachi and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GBP_USDT | −0.0076% | 4h | 1.3373 | −0.027% | $26.0M | $213K | 100x | as long as short |
| Nado GBPUSD-PERP | −0.0056% | 1h | 1.3376 | −0.004% | $16K | $7K | 40x | as long as short |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3373 | −0.027% | $233K | $344K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3371 | −0.043% | $181K | $999K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3375 | −0.014% | $245K | $69K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3386 | +0.070% | $222K | $9K | 100x | as long as short |
| Bitget GBPUSDUSDTshort | 0.0000% | 8h | 1.3375 | −0.012% | $12K | $13K | 100x | |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3374 | −0.019% | — | $2.4M | 10x | as long as short |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3372 | −0.032% | $991 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3393 | +0.123% | $5K | $333K | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3364 | −0.091% | — | $38K | 100x | as long as short |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3509 | +0.987% | $11K | $73K | 101x | as long as short |
| Hibachi GBP/USDT-Plong | +0.0312% | 1h | 1.3377 | long leg | $19K | $34K | 20x |
Bitget GBPUSDUSDT
MEXC GBP_USDT
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
SunX GBPUSD-USDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
Injective GBPUSD/USDC PERP