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−0.0098%/8h= −10.7% APRpaid last 24h −0.003%
Price spread now: Hibachi against MEXC+0.013%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GBP_USDT1.33680.0098pay 0.0049% / 4h1h 45m$26.3M$310K100x
ShortHibachi GBP/USDT-P1.33700get 0.0000% / 1h45m 06s$24K$44K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against MEXC. 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
−$20.58
Price spread: +0.013% → 0.000%
$1.32
Slippage, 4 orders
no order book: not counted
Fee MEXC: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$36.26
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; Hibachi: 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 MEXC live order book, 2 min ago1.12 bp5.1 bp −$55.1 bp −$517.1 bp −$70672.6 bp −$36.3K
Sell Hibachi no order-book sample
Hibachi: 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%1h1.3371+0.022%$257K$357K50xas long as short
Lighter GBPUSD0.0000%1h1.3366−0.018%$224K$1.0M50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3382+0.105%$247K$104K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3393+0.187%$222K$14K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.33680.000%$12K$6K100xas long as short
Hibachi GBP/USDT-Pshort0.0000%1h1.3370+0.013%$24K$44K20x
SunX GBPUSD-USDT0.0000%1h1.3370+0.015%$1.7M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3363−0.035%$99020xas long as short
HTX GBPUSD-USDT0.0000%1h1.3384+0.120%$5K$338K20xas long as short
Nado GBPUSD-PERP+0.0004%1h1.3371+0.021%$16K$1K40xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GBPUSD/USDC PERP+0.0033%1h1.3504+1.014%$11K$72K101xas long as short
Vest GBP-USD-PERP+0.0038%1h1.3359−0.069%$5K100xas long as short
MEXC GBP_USDTlong+0.0098%4h1.3368long leg$26.3M$310K100x