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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.011%
Price spread now: Vest against tradeXYZ−0.063%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Vest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.063% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 5.6 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GBP1.33770get 0.0000% / 1h34m 01s$233K$343K50x
ShortVest GBP-USD-PERP1.33690.0038get 0.0005% / 1h34m 01s$38K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$7.93
Price spread: −0.063% → 0.000%
−$6.31
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Vest: 1 bp × 2 orders
−$2
Net
−$18.38
Costs to cover
0.200%
Break-even
23.2 days
Slippage unknown: tradeXYZ: live order book, 62 min ago; Vest: 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 tradeXYZ live order book, 62 min ago0.37 bp12.2 bp −$1215.5 bp −$155doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0069%1h1.3380+0.022%$16K$7K40xas long as short
MEXC GBP_USDT−0.0050%4h1.33770.000%$26.0M$229K100xas long as short
tradeXYZ xyz:GBPlong0.0000%1h1.3377long leg$233K$343K50x
Lighter GBPUSD0.0000%1h1.3376−0.010%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3376−0.004%$245K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3387+0.075%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.33770.000%$12K$13K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3378+0.007%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3370−0.050%$99120xas long as short
HTX GBPUSD-USDT0.0000%1h1.3392+0.112%$5K$334K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GBP-USD-PERPshort+0.0038%1h1.3369−0.063%$38K100x
Injective GBPUSD/USDC PERP+0.0220%1h1.3512+1.007%$11K$73K101xas long as short
Hibachi GBP/USDT-P+0.0328%1h1.3381+0.032%$19K$34K20xas long as short