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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.058%
Price spread now: Hibachi against SunX+0.016%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: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GBPUSD-USDT1.33860get 0.0000% / 1h35m 11s$2.4M10x
ShortHibachi GBP/USDT-P1.33880.0360get 0.0045% / 1h35m 11s$19K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against SunX. 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
$75.6
Price spread: +0.016% → 0.000%
$1.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$60.24
Costs to cover
0.170%
Break-even
1.4 days
Slippage unknown: SunX: 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 SunX live order book, 2 min ago80.31 bp98.4 bp −$98doesn't fitdoesn't fitdoesn't fit
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 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
Nado GBPUSD-PERP−0.0064%1h1.3387+0.010%$16K$7K40xas long as short
tradeXYZ xyz:GBP0.0000%1h1.33860.000%$233K$342K50xas long as short
Lighter GBPUSD0.0000%1h1.3383−0.025%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3377−0.065%$245K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3387+0.007%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3384−0.015%$12K$13K100xas long as short
SunX GBPUSD-USDTlong0.0000%1h1.3386long leg$2.4M10x
Kraken Futures PF_GBPUSD0.0000%1h1.3377−0.065%$99120xas long as short
HTX GBPUSD-USDT0.0000%1h1.3395+0.067%$5K$334K20xas long as short
Vest GBP-USD-PERP+0.0038%1h1.3375−0.079%$38K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0126%4h1.3383−0.022%$26.0M$259K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3521+1.007%$11K$73K101xas long as short
Hibachi GBP/USDT-Pshort+0.0360%1h1.3388+0.016%$19K$34K20x