GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.011%

Price spread now: Vest against Lighter−0.059%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.059% cheaper against Lighter than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 5.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter GBPUSD	1.3369	0	get 0.0000% / 1h	14m 19s	$181K	$985K	50x
Short	Vest GBP-USD-PERP	1.3361	0.0038	get 0.0005% / 1h	14m 19s	—	$19K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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 LighterbpFee VestbpOrdersPrice spread, now −0.059%Rate

Funding earned: $8.05
Price spread: −0.059% → 0.000%: −$5.89
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $0.16
Costs to cover: 0.020%
Break-even: 6.9 days

Slippage unknown: Lighter: live order book, 26 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 26 min ago	0.82 bp	3.6 bp −$4	12.5 bp −$125	57.3 bp −$5,726	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi GBP/USDT-P	−0.0136%	1h	1.3369	+0.001%	$21K	$43K	20x	as long as short
Nado GBPUSD-PERP	−0.0029%	1h	1.3372	+0.028%	$16K	$1K	40x	as long as short
Lighter GBPUSDlong	0.0000%	1h	1.3369	long leg	$181K	$985K	50x
Bybit GBPUSDUSDT	0.0000%	8h	1.3374	+0.043%	$246K	$69K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3394	+0.189%	$222K	$9K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3370	+0.010%	$12K	$12K	100x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3377	+0.062%	—	$2.4M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3363	−0.040%	$990	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3391	+0.167%	$5K	$335K	20x	as long as short
Vest GBP-USD-PERPshort	+0.0038%	1h	1.3361	−0.059%	—	$19K	100x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GBP	+0.0039%	1h	1.3376	+0.055%	$247K	$351K	50x	as long as short
MEXC GBP_USDT	+0.0158%	4h	1.3371	+0.017%	$26.0M	$257K	100x	as long as short
Injective GBPUSD/USDC PERP	+0.0220%	1h	1.3563	+1.452%	$11K	$72K	101x	as long as short