Funding you earn now, next payment 06:00 UTC−0.0220%/8h= −24.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.066%
Price spread now: SunX against Injective−2.645%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 2.645% cheaper against Injective than usual: you would sell low and buy high (−$265 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 | 1.3750 | 0.0220 | pay 0.0028% / 1h | 43m 12s | $12K | $73K | 101x |
| Short | SunX GBPUSD-USDT | 1.3386 | 0 | get 0.0000% / 1h | 43m 12s | — | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −2.645% → 0.000%
- −$264.51
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$318.73
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; SunX: live order book, 4 min ago. 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 SunX live order book, 4 min ago | 81.05 bp | 100.2 bp −$100 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado GBPUSD-PERP | −0.0064% | 1h | 1.3389 | −2.624% | $16K | $7K | 40x | as long as short |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3386 | −2.645% | $233K | $342K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3384 | −2.658% | $181K | $999K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3377 | −2.711% | $245K | $69K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3389 | −2.623% | $222K | $9K | 100x | as long as short |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3386 | −2.645% | $12K | $13K | 100x | as long as short |
| SunX GBPUSD-USDTshort | 0.0000% | 1h | 1.3386 | −2.645% | — | $2.4M | 10x | |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3378 | −2.701% | $991 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3392 | −2.602% | $5K | $335K | 20x | as long as short |
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3377 | −2.709% | — | $38K | 100x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GBP_USDT | +0.0200% | 4h | 1.3385 | −2.652% | $26.0M | $255K | 100x | as long as short |
| Injective GBPUSD/USDC PERPlong | +0.0220% | 1h | 1.3750 | long leg | $12K | $73K | 101x | |
| Hibachi GBP/USDT-P | +0.0368% | 1h | 1.3390 | −2.618% | $19K | $34K | 20x | as long as short |
Injective GBPUSD/USDC PERP
SunX GBPUSD-USDT
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
Bitget GBPUSDUSDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
MEXC GBP_USDT