GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.066%

Price spread now: Injective against tradeXYZ+1.007%94s7-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 Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.318%+$32 on $10k

Price spread, last 7 days—no price history on both exchanges yet

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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 1.007% dearer against tradeXYZ 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 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:GBP	1.3386	0	get 0.0000% / 1h	41m 35s	$233K	$342K	50x
Short	Injective GBPUSD/USDC PERP	1.3521	0.0220	get 0.0028% / 1h	41m 35s	$11K	$73K	101x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +1.007%Rate

Funding earned: $46.2
Price spread: +1.007% → 0.000%: $100.7
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $128.88
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: tradeXYZ: live order book, 45 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 45 min ago	1.12 bp	12.0 bp −$12	15.5 bp −$155	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado GBPUSD-PERP	−0.0062%	1h	1.3386	+0.002%	$16K	$7K	40x	as long as short
tradeXYZ xyz:GBPlong	0.0000%	1h	1.3386	long leg	$233K	$342K	50x
Lighter GBPUSD	0.0000%	1h	1.3382	−0.028%	$181K	$999K	50x	as long as short
Bybit GBPUSDUSDT	0.0000%	8h	1.3376	−0.075%	$245K	$69K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3387	+0.007%	$222K	$9K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3384	−0.015%	$12K	$13K	100x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3386	0.000%	—	$2.4M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3377	−0.065%	$991	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3405	+0.142%	$5K	$334K	20x	as long as short
Vest GBP-USD-PERP	+0.0038%	1h	1.3374	−0.087%	—	$38K	100x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GBP_USDT	+0.0154%	4h	1.3384	−0.015%	$26.0M	$258K	100x	as long as short
Injective GBPUSD/USDC PERPshort	+0.0220%	1h	1.3521	+1.007%	$11K	$73K	101x
Hibachi GBP/USDT-P	+0.0352%	1h	1.3388	+0.017%	$19K	$34K	20x	as long as short