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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0314%/8h= −34.4% APRnext payment $0.39 per $10,000 · paid last 24h −0.047%
Price spread now: Vest against Hibachi−0.103%7-day average · you buy dearer than you sell
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 3 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 · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Vest is 0.103% cheaper against Hibachi than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi GBP/USDT-P1.33880.0352pay 0.0044% / 1h41m 34s$19K$34K20x
ShortVest GBP-USD-PERP1.33740.0038get 0.0005% / 1h41m 34s$38K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$65.92
Price spread: −0.103% → 0.000%
−$10.31
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$87.23
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi no order-book sample
Sell Vest no order-book sample
Hibachi and Vest: 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−0.0062%1h1.3386−0.015%$16K$7K40xas long as short
tradeXYZ xyz:GBP0.0000%1h1.3386−0.017%$233K$342K50xas long as short
Lighter GBPUSD0.0000%1h1.3382−0.045%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3376−0.091%$245K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3387−0.009%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3384−0.032%$12K$13K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3386−0.017%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3377−0.081%$99120xas long as short
HTX GBPUSD-USDT0.0000%1h1.3405+0.125%$5K$334K20xas long as short
Vest GBP-USD-PERPshort+0.0038%1h1.3374−0.103%$38K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0154%4h1.3384−0.032%$26.0M$258K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3521+0.990%$11K$73K101xas long as short
Hibachi GBP/USDT-Plong+0.0352%1h1.3388long leg$19K$34K20x