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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0368%/8h= −40.3% APRnext payment $0.46 per $10,000 · paid last 24h −0.061%
Price spread now: HTX against Hibachi+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: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi GBP/USDT-P1.33900.0368pay 0.0046% / 1h45m 46s$19K$34K20x
ShortHTX GBPUSD-USDT1.33910get 0.0000% / 1h45m 46s$5K$335K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Hibachi. 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
−$77.28
Price spread: +0.006% → 0.000%
$0.59
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$97.69
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; HTX: live order book, 2 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 Hibachi no order-book sample
Sell HTX live order book, 2 min ago17.17 bp38.4 bp −$38doesn't fitdoesn't fitdoesn't fit
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
Nado GBPUSD-PERP−0.0066%1h1.3389−0.009%$16K$7K40xas long as short
tradeXYZ xyz:GBP0.0000%1h1.3386−0.031%$233K$342K50xas long as short
Lighter GBPUSD0.0000%1h1.3384−0.049%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3377−0.099%$245K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3389−0.009%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3386−0.031%$12K$13K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3386−0.031%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3378−0.089%$99120xas long as short
HTX GBPUSD-USDTshort0.0000%1h1.3391+0.006%$5K$335K20x
Vest GBP-USD-PERP+0.0038%1h1.3377−0.098%$38K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0194%4h1.3385−0.039%$26.0M$255K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3750+2.685%$12K$73K101xas long as short
Hibachi GBP/USDT-Plong+0.0368%1h1.3390long leg$19K$34K20x