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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0322%/8h= +35.3% APRnext payment +$0.40 per $10,000 · paid last 24h +0.047%
Price spread now: Hibachi against Vest+0.096%7-day average · you sell dearer than you buy
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 airdropVest: 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 0.096% dearer against Vest than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GBP-USD-PERP1.33750.0038pay 0.0005% / 1h34m 51s$38K100x
ShortHibachi GBP/USDT-P1.33880.0360get 0.0045% / 1h34m 51s$19K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Vest. 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
$67.6
Price spread: +0.096% → 0.000%
$9.58
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$66.19
Costs to cover
0.110%
Break-even
0.1 days
Slippage unknown: Vest: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Hibachi no order-book sample
Vest and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado GBPUSD-PERP−0.0064%1h1.3387+0.089%$16K$7K40xas long as short
tradeXYZ xyz:GBP0.0000%1h1.3386+0.079%$233K$342K50xas long as short
Lighter GBPUSD0.0000%1h1.3383+0.054%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3377+0.011%$245K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3387+0.087%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3384+0.064%$12K$13K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3386+0.079%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3377+0.015%$99120xas long as short
HTX GBPUSD-USDT0.0000%1h1.3395+0.147%$5K$334K20xas long as short
Vest GBP-USD-PERPlong+0.0038%1h1.3375long leg$38K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0126%4h1.3384+0.064%$26.0M$259K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3521+1.087%$11K$73K101xas long as short
Hibachi GBP/USDT-Pshort+0.0360%1h1.3388+0.096%$19K$34K20x