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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.055%
Price spread now: Vest against Injective−1.109%50s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 1.109% cheaper against Injective than usual: you would sell low and buy high, −$111 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective GBPUSD/USDC PERP1.35080.0033pay 0.0004% / 1h6m 12s$11K$72K101x
ShortVest GBP-USD-PERP1.33580.0038get 0.0005% / 1h6m 12s$1100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$0.98
Price spread: −1.109% → 0.000%
−$110.88
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Vest: 1 bp × 2 orders
−$2
Net
−$111.92
Costs to cover
0.020%
Break-even
806.5 days
Slippage unknown: Injective: no order-book sample; Vest: 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 Injective no order-book sample
Sell Vest no order-book sample
Injective and Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GBP0.0000%1h1.3372−1.005%$257K$162K50xas long as short
Lighter GBPUSD0.0000%1h1.3366−1.051%$225K$1.0M50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3370−1.023%$248K$104K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3380−0.945%$222K$15K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3368−1.034%$12K$6K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3372−1.005%$1.6M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3362−1.076%$99020xas long as short
HTX GBPUSD-USDT0.0000%1h1.3386−0.901%$5K$337K20xas long as short
Nado GBPUSD-PERP+0.0005%1h1.3370−1.021%$16K$1K40xas long as short
Injective GBPUSD/USDC PERPlong+0.0033%1h1.3508long leg$11K$72K101x
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GBP-USD-PERPshort+0.0038%1h1.3358−1.109%$1100x
Hibachi GBP/USDT-P+0.0152%1h1.3369−1.030%$24K$45K20xas long as short
MEXC GBP_USDT+0.0158%4h1.3368−1.034%$26.3M$314K100xas long as short