Funding you earn now, next payment 02:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.021%
Price spread now: MEXC against Hibachi−0.043%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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.043% cheaper against Hibachi than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi GBP/USDT-P | 1.3370 | 0.0240 | pay 0.0030% / 1h | 13m 55s | $19K | $34K | 20x |
| Short | MEXC GBP_USDT | 1.3364 | 0.0150 | get 0.0075% / 4h | 2h 13m | $25.8M | $186K | 100x |
Hibachi GBP/USDT-P
MEXC GBP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$18.9
- Price spread: −0.043% → 0.000%
- −$4.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$40.23
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; MEXC: live order book, 5 min ago. 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 MEXC live order book, 5 min ago | 1.12 bp | 5.1 bp −$5 | 5.6 bp −$56 | 6.2 bp −$622 | 34.3 bp −$17.1K |
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 | −0.0061% | 1h | 1.3366 | −0.029% | $16K | $7K | 40x | as long as short |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3365 | −0.036% | $232K | $345K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3361 | −0.064% | $181K | $999K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3374 | +0.031% | $245K | $69K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3386 | +0.121% | $222K | $9K | 100x | as long as short |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3364 | −0.043% | $10K | $12K | 100x | as long as short |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3367 | −0.021% | — | $2.5M | 10x | as long as short |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3356 | −0.101% | $990 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3375 | +0.039% | $5K | $332K | 20x | as long as short |
| Vest GBP-USD-PERP | +0.0037% | 1h | 1.3355 | −0.108% | — | $38K | 100x | as long as short |
Nado GBPUSD-PERP
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
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_USDTshort | +0.0150% | 4h | 1.3364 | −0.043% | $25.8M | $186K | 100x | |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3514 | +1.076% | $11K | $72K | 101x | as long as short |
| Hibachi GBP/USDT-Plong | +0.0240% | 1h | 1.3370 | long leg | $19K | $34K | 20x |
Injective GBPUSD/USDC PERP