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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.066%
Price spread now: HTX against Injective−1.377%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 7 days−0.239%−$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 1.377% cheaper against Injective than usual: you would sell low and buy high (−$138 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective GBPUSD/USDC PERP1.35630.0220pay 0.0028% / 1h18m 42s$11K$72K101x
ShortHTX GBPUSD-USDT1.33760get 0.0000% / 1h18m 42s$5K$335K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
−$46.2
Price spread: −1.377% → 0.000%
−$137.73
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
−$195.95
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; HTX: live order book, 24 min ago. 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 Injective no order-book sample
Sell HTX live order book, 24 min ago17.18 bp39.1 bp −$39doesn't fitdoesn't fitdoesn't fit
Injective: 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
Hibachi GBP/USDT-P−0.0112%1h1.3370−1.424%$21K$43K20xas long as short
Nado GBPUSD-PERP−0.0029%1h1.3373−1.401%$16K$1K40xas long as short
Lighter GBPUSD0.0000%1h1.3369−1.429%$181K$985K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3375−1.388%$246K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3391−1.267%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3371−1.414%$12K$12K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3376−1.377%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3363−1.471%$99020xas long as short
HTX GBPUSD-USDTshort0.0000%1h1.3376−1.377%$5K$335K20x
tradeXYZ xyz:GBP+0.0031%1h1.3377−1.370%$247K$351K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GBP-USD-PERP+0.0038%1h1.3362−1.482%$19K100xas long as short
MEXC GBP_USDT+0.0182%4h1.3372−1.407%$26.0M$257K100xas long as short
Injective GBPUSD/USDC PERPlong+0.0220%1h1.3563long leg$11K$72K101x