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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.066%
Price spread now: Injective against SunX+1.014%61s7-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 7 days+0.237%+$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 1.014% dearer against SunX than usual: you sell high and buy low: +$101 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GBPUSD-USDT1.33860get 0.0000% / 1h51m 30s$2.4M10x
ShortInjective GBPUSD/USDC PERP1.35220.0220get 0.0028% / 1h51m 30s$11K$73K101x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$46.2
Price spread: +1.014% → 0.000%
$101.45
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$139.63
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 5 min ago; Injective: 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, 5 min ago81.05 bp99.1 bp −$99doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0065%1h1.3389+0.025%$16K$7K40xas long as short
tradeXYZ xyz:GBP0.0000%1h1.33860.000%$233K$342K50xas long as short
Lighter GBPUSD0.0000%1h1.3384−0.013%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3378−0.059%$245K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3389+0.022%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.33860.000%$12K$13K100xas long as short
SunX GBPUSD-USDTlong0.0000%1h1.3386long leg$2.4M10x
Kraken Futures PF_GBPUSD0.0000%1h1.3379−0.050%$99120xas long as short
HTX GBPUSD-USDT0.0000%1h1.3402+0.120%$5K$334K20xas long as short
Vest GBP-USD-PERP+0.0038%1h1.3377−0.065%$38K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0190%4h1.3385−0.007%$26.0M$255K100xas long as short
Injective GBPUSD/USDC PERPshort+0.0220%1h1.3522+1.014%$11K$73K101x
Hibachi GBP/USDT-P+0.0368%1h1.3390+0.030%$19K$34K20xas long as short