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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: tradeXYZ against SunX+0.007%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2202.198% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.007%, 7d avg +0.005%
Together, before fees−0.126%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GBPUSD-USDT1.33700get 0.0000% / 1h45m 05s$1.7M10x
ShorttradeXYZ xyz:GBP1.33710get 0.0000% / 1h45m 05s$257K$357K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$0
Price spread: +0.007% → +0.005%
$0.25
Slippage, 4 orders
−$193.79
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$219.54
Costs to cover
2.198%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; tradeXYZ: live order book, 58 min ago.

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, 4 min ago80.77 bp98.6 bp −$99doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 58 min ago0.37 bp10.1 bp −$1013.4 bp −$134doesn't fitdoesn't fit

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:GBPshort0.0000%1h1.3371+0.007%$257K$357K50x
Lighter GBPUSD0.0000%1h1.3366−0.033%$224K$1.0M50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3382+0.090%$247K$104K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3393+0.172%$222K$14K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3368−0.015%$12K$6K100xas long as short
Hibachi GBP/USDT-P0.0000%1h1.3370−0.002%$24K$44K20xas long as short
SunX GBPUSD-USDTlong0.0000%1h1.3370long leg$1.7M10x
Kraken Futures PF_GBPUSD0.0000%1h1.3363−0.050%$99020xas long as short
HTX GBPUSD-USDT0.0000%1h1.3384+0.105%$5K$338K20xas long as short
Nado GBPUSD-PERP+0.0004%1h1.3371+0.006%$16K$1K40xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GBPUSD/USDC PERP+0.0033%1h1.3504+0.999%$11K$72K101xas long as short
Vest GBP-USD-PERP+0.0038%1h1.3359−0.084%$5K100xas long as short
MEXC GBP_USDT+0.0098%4h1.3368−0.015%$26.3M$310K100xas long as short