GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0336%/8h= +36.8% APRnext payment +$0.42 per $10,000 · paid last 24h +0.056%

Price spread now: Hibachi against tradeXYZ+0.024%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Hibachi

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Hibachi: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hibachi is 0.024% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:GBP	1.3378	0	get 0.0000% / 1h	32m 37s	$233K	$343K	50x
Short	Hibachi GBP/USDT-P	1.3381	0.0336	get 0.0042% / 1h	32m 37s	$19K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against tradeXYZ. 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 tradeXYZbpFee HibachibpOrdersPrice spread, now +0.024%Rate

Funding earned: $70.56
Price spread: +0.024% → 0.000%: $2.42
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $45.98
Costs to cover: 0.270%
Break-even: 2.4 days

Slippage unknown: tradeXYZ: live order book, 64 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 64 min ago	0.37 bp	12.2 bp −$12	15.5 bp −$155	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado GBPUSD-PERP	−0.0069%	1h	1.3380	+0.018%	$16K	$7K	40x	as long as short
MEXC GBP_USDT	−0.0046%	4h	1.3376	−0.015%	$26.0M	$229K	100x	as long as short
tradeXYZ xyz:GBPlong	0.0000%	1h	1.3378	long leg	$233K	$343K	50x
Lighter GBPUSD	0.0000%	1h	1.3377	−0.011%	$181K	$999K	50x	as long as short
Bybit GBPUSDUSDT	0.0000%	8h	1.3377	−0.004%	$245K	$69K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3387	+0.067%	$222K	$9K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3378	0.000%	$12K	$13K	100x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3378	0.000%	—	$2.4M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3371	−0.050%	$991	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3390	+0.090%	$5K	$334K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GBP-USD-PERP	+0.0038%	1h	1.3369	−0.066%	—	$38K	100x	as long as short
Injective GBPUSD/USDC PERP	+0.0220%	1h	1.3512	+0.999%	$11K	$73K	101x	as long as short
Hibachi GBP/USDT-Pshort	+0.0336%	1h	1.3381	+0.024%	$19K	$34K	20x