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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.011%
Price spread now: Vest against Kraken Futures−0.038%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 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 pays, the price is against you. Vest is 0.038% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GBPUSD1.33420get 0.0000% / 1h36m 47s$98920x
ShortVest GBP-USD-PERP1.33370.0039get 0.0005% / 1h36m 47s$5K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Kraken Futures. 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
$8.1
Price spread: −0.038% → 0.000%
−$3.83
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$7.74
Costs to cover
0.120%
Break-even
13.7 days
Slippage unknown: Kraken Futures: 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 Kraken Futures no order-book sample
Sell Vest no order-book sample
Kraken Futures 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 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−0.0064%1h1.3346+0.026%$22K$42K20xas long as short
Lighter GBPUSD0.0000%1h1.3341−0.009%$192K$982K50xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3346+0.027%$12K$8K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3351+0.065%$2.3M10xas long as short
Kraken Futures PF_GBPUSDlong0.0000%1h1.3342long leg$98920x
HTX GBPUSD-USDT0.0000%1h1.3329−0.100%$5K$336K20xas long as short
Nado GBPUSD-PERP+0.0008%1h1.3349+0.050%$16K$1K40xas long as short
Vest GBP-USD-PERPshort+0.0039%1h1.3337−0.038%$5K100x
tradeXYZ xyz:GBP+0.0049%1h1.3350+0.057%$257K$357K50xas long as short
MEXC GBP_USDT+0.0140%4h1.3348+0.042%$26.0M$253K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GBPUSD_USDT+0.0200%8h1.3381+0.290%$223K$11K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3504+1.209%$11K$72K101xas long as short
Bybit GBPUSDUSDT+0.0658%8h1.3374+0.239%$270K$20K100xas long as short