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+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.058%
Price spread now: Hibachi against HTX−0.051%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 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
Funding pays, the price is against you. Hibachi is 0.051% cheaper against HTX than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GBPUSD-USDT1.33950get 0.0000% / 1h35m 11s$5K$334K20x
ShortHibachi GBP/USDT-P1.33880.0360get 0.0045% / 1h35m 11s$19K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi 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
$75.6
Price spread: −0.051% → 0.000%
−$5.08
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$49.52
Costs to cover
0.210%
Break-even
2.4 days
Slippage unknown: HTX: live order book, 17 min ago; Hibachi: 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 HTX live order book, 17 min ago17.17 bp23.4 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Hibachi no order-book sample
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−0.0064%1h1.3387−0.057%$16K$7K40xas long as short
tradeXYZ xyz:GBP0.0000%1h1.3386−0.067%$233K$342K50xas long as short
Lighter GBPUSD0.0000%1h1.3383−0.093%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3377−0.132%$245K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3387−0.060%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3384−0.082%$12K$13K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3386−0.067%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3377−0.132%$99120xas long as short
HTX GBPUSD-USDTlong0.0000%1h1.3395long leg$5K$334K20x
Vest GBP-USD-PERP+0.0038%1h1.3375−0.146%$38K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0126%4h1.3383−0.090%$26.0M$259K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3521+0.939%$11K$73K101xas long as short
Hibachi GBP/USDT-Pshort+0.0360%1h1.3388−0.051%$19K$34K20x