GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.063%

Price spread now: tradeXYZ against Injective−0.982%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 tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.330%−$33 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.982% cheaper against Injective than usual: you would sell low and buy high (−$98 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	1.3504	0.0033	pay 0.0004% / 1h	45m 06s	$11K	$72K	101x
Short	tradeXYZ xyz:GBP	1.3371	0	get 0.0000% / 1h	45m 06s	$257K	$357K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.982%Rate

Funding earned: −$7
Price spread: −0.982% → 0.000%: −$98.2
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$123.22
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 58 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 tradeXYZ live order book, 58 min ago	0.37 bp	10.1 bp −$10	13.4 bp −$134	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 exchanges

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
tradeXYZ xyz:GBPshort	0.0000%	1h	1.3371	−0.982%	$257K	$357K	50x
Lighter GBPUSD	0.0000%	1h	1.3366	−1.022%	$224K	$1.0M	50x	as long as short
Bybit GBPUSDUSDT	0.0000%	8h	1.3382	−0.901%	$247K	$104K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3393	−0.819%	$222K	$14K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3368	−1.004%	$12K	$6K	100x	as long as short
Hibachi GBP/USDT-P	0.0000%	1h	1.3370	−0.991%	$24K	$44K	20x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3370	−0.989%	—	$1.7M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3363	−1.039%	$990	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3384	−0.886%	$5K	$338K	20x	as long as short
Nado GBPUSD-PERP	+0.0004%	1h	1.3371	−0.983%	$16K	$1K	40x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GBPUSD/USDC PERPlong	+0.0033%	1h	1.3504	long leg	$11K	$72K	101x
Vest GBP-USD-PERP	+0.0038%	1h	1.3359	−1.073%	—	$5K	100x	as long as short
MEXC GBP_USDT	+0.0098%	4h	1.3368	−1.004%	$26.3M	$310K	100x	as long as short