GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.059%

Price spread now: SunX against Hibachi+0.047%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on SunX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.047% dearer against Hibachi than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi GBP/USDT-P	1.3363	−0.0072	get 0.0009% / 1h	8m 31s	$22K	$45K	20x
Short	SunX GBPUSD-USDT	1.3369	0	get 0.0000% / 1h	8m 31s	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee HibachibpFee SunXbpOrdersPrice spread, now +0.047%Rate

Funding earned: $15.12
Price spread: +0.047% → 0.000%: $4.71
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: $2.83
Costs to cover: 0.170%
Break-even: 5.7 days

Slippage unknown: Hibachi: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago	81.15 bp	100.0 bp −$100	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi GBP/USDT-Plong	−0.0072%	1h	1.3363	long leg	$22K	$45K	20x
Nado GBPUSD-PERP	−0.0014%	1h	1.3365	+0.019%	$16K	$1K	40x	as long as short
Lighter GBPUSD	0.0000%	1h	1.3361	−0.014%	$181K	$972K	50x	as long as short
Bybit GBPUSDUSDT	0.0000%	8h	1.3374	+0.085%	$246K	$54K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3386	+0.174%	$222K	$9K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3364	+0.010%	$12K	$9K	100x	as long as short
SunX GBPUSD-USDTshort	0.0000%	1h	1.3369	+0.047%	—	$2.4M	10x
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3358	−0.033%	$990	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3367	+0.032%	$5K	$336K	20x	as long as short
tradeXYZ xyz:GBP	+0.0031%	1h	1.3367	+0.032%	$246K	$349K	50x	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	+0.0039%	1h	1.3355	−0.059%	—	$5K	100x	as long as short
MEXC GBP_USDT	+0.0188%	4h	1.3365	+0.017%	$26.0M	$270K	100x	as long as short
Injective GBPUSD/USDC PERP	+0.0220%	1h	1.3602	+1.790%	$11K	$72K	101x	as long as short