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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against tradeXYZ0.000%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2212.213% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now 0.000%, 7d avg −0.005%
Together, before fees+0.109%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GBP1.33860get 0.0000% / 1h45m 39s$233K$342K50x
ShortSunX GBPUSD-USDT1.33860get 0.0000% / 1h45m 39s$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$0
Price spread: 0.000% → −0.005%
$0.47
Slippage, 4 orders
−$195.33
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
−$220.87
Costs to cover
2.213%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 31 min ago; SunX: live order book, 1 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 tradeXYZ live order book, 31 min ago1.12 bp11.9 bp −$1215.4 bp −$154doesn't fitdoesn't fit
Sell SunX live order book, 1 min ago81.05 bp100.2 bp −$100doesn't fitdoesn't fitdoesn't fit

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−0.0066%1h1.3389+0.022%$16K$7K40xas long as short
tradeXYZ xyz:GBPlong0.0000%1h1.3386long leg$233K$342K50x
Lighter GBPUSD0.0000%1h1.3384−0.017%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3377−0.066%$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-USDTshort0.0000%1h1.33860.000%$2.4M10x
Kraken Futures PF_GBPUSD0.0000%1h1.3378−0.057%$99120xas long as short
HTX GBPUSD-USDT0.0000%1h1.3391+0.037%$5K$335K20xas long as short
Vest GBP-USD-PERP+0.0038%1h1.3377−0.067%$38K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0196%4h1.33860.000%$26.0M$255K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3750+2.717%$12K$73K101xas long as short
Hibachi GBP/USDT-P+0.0368%1h1.3390+0.031%$19K$34K20xas long as short