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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0181%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.055%
Price spread now: Injective against Vest+1.101%110s7-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 4 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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 1.101% dearer against Vest than usual: you sell high and buy low: +$110 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GBP-USD-PERP1.33630.0039pay 0.0005% / 1h37m 23s$19K100x
ShortInjective GBPUSD/USDC PERP1.35100.0220get 0.0028% / 1h37m 23s$11K$72K101x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$38.07
Price spread: +1.101% → 0.000%
$110.11
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$146.15
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Injective no order-book sample
Vest and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi GBP/USDT-P−0.0072%1h1.3370+0.058%$22K$44K20xas long as short
Nado GBPUSD-PERP−0.0020%1h1.3374+0.086%$16K$1K40xas long as short
Lighter GBPUSD0.0000%1h1.3369+0.050%$181K$972K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3376+0.101%$246K$62K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3387+0.183%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3370+0.056%$12K$11K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3372+0.071%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3365+0.021%$99020xas long as short
HTX GBPUSD-USDT0.0000%1h1.3367+0.033%$5K$334K20xas long as short
Vest GBP-USD-PERPlong+0.0039%1h1.3363long leg$19K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GBP+0.0050%1h1.3373+0.078%$246K$351K50xas long as short
Injective GBPUSD/USDC PERPshort+0.0220%1h1.3510+1.101%$11K$72K101x
MEXC GBP_USDT+0.0240%4h1.3371+0.063%$26.0M$253K100xas long as short