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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against HTX+0.037%53s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$870.874% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.037%, 7d avg +0.038%
Together, before fees−0.246%−$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GBPUSD-USDT1.33720get 0.0000% / 1h40m 16s$5K$335K20x
ShortBybit GBPUSDUSDT1.33770get 0.0000% / 8h40m 16s$246K$62K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
$0
Price spread: +0.037% → +0.038%
−$0.05
Slippage, 4 orders
−$64.38
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$87.43
Costs to cover
0.874%
Break-even
never at this rate
Slippage from HTX: live order book, 62 min ago; Bybit: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 62 min ago17.18 bp23.4 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 45 min ago0.60 bp8.5 bp −$830.4 bp −$304doesn't fitdoesn't fit

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
Hibachi GBP/USDT-P−0.0080%1h1.3368−0.029%$22K$44K20xas long as short
Nado GBPUSD-PERP−0.0016%1h1.3373+0.008%$16K$1K40xas long as short
Lighter GBPUSD0.0000%1h1.3368−0.027%$181K$972K50xas long as short
Bybit GBPUSDUSDTshort0.0000%8h1.3377+0.037%$246K$62K100x
Gate GBPUSD_USDT0.0000%8h1.3387+0.112%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3369−0.022%$12K$11K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3373+0.007%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3359−0.095%$99020xas long as short
HTX GBPUSD-USDTlong0.0000%1h1.3372long leg$5K$335K20x
Vest GBP-USD-PERP+0.0039%1h1.3361−0.082%$19K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GBP+0.0065%1h1.3374+0.015%$246K$351K50xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3510+1.030%$11K$72K101xas long as short
MEXC GBP_USDT+0.0248%4h1.3368−0.030%$26.0M$253K100xas long as short