GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0356%/8h= −39.0% APRnext payment −$0.44 per $10,000 · paid last 24h −0.005%

Price spread now: Hibachi against Injective−1.430%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Hibachi

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 against this trade now: funding costs −$11 a day on $10k at the current rate, and Hibachi is 1.430% cheaper against Injective than usual: you would sell low and buy high (−$143 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	Injective GBPUSD/USDC PERP	1.3563	0.0220	pay 0.0028% / 1h	14m 47s	$11K	$72K	101x
Short	Hibachi GBP/USDT-P	1.3369	−0.0136	pay 0.0017% / 1h	14m 47s	$21K	$43K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Injective. 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 InjectivebpFee HibachibpOrdersPrice spread, now −1.430%Rate

Funding earned: −$74.76
Price spread: −1.430% → 0.000%: −$143.05
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$226.83
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Hibachi no order-book sample	—	—	—	—	—

Injective and 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-Pshort	−0.0136%	1h	1.3369	−1.430%	$21K	$43K	20x
Nado GBPUSD-PERP	−0.0029%	1h	1.3374	−1.394%	$16K	$1K	40x	as long as short
Lighter GBPUSD	0.0000%	1h	1.3369	−1.430%	$181K	$985K	50x	as long as short
Bybit GBPUSDUSDT	0.0000%	8h	1.3374	−1.390%	$246K	$69K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3396	−1.230%	$222K	$9K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3370	−1.422%	$12K	$12K	100x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3377	−1.370%	—	$2.4M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3363	−1.471%	$990	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3369	−1.429%	$5K	$335K	20x	as long as short
tradeXYZ xyz:GBP	+0.0037%	1h	1.3376	−1.377%	$247K	$351K	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	+0.0038%	1h	1.3362	−1.483%	—	$19K	100x	as long as short
MEXC GBP_USDT	+0.0164%	4h	1.3372	−1.407%	$26.0M	$257K	100x	as long as short
Injective GBPUSD/USDC PERPlong	+0.0220%	1h	1.3563	long leg	$11K	$72K	101x