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−0.0038%/8h= −4.2% APRnext payment $0.05 per $10,000 · paid last 24h −0.011%
Price spread now: tradeXYZ against Vest+0.080%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 · tradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. tradeXYZ is 0.080% dearer against Vest than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GBP-USD-PERP1.33750.0038pay 0.0005% / 1h38m 19s$38K100x
ShorttradeXYZ xyz:GBP1.33860get 0.0000% / 1h38m 19s$233K$342K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$8
Price spread: +0.080% → 0.000%
$8.01
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$19.98
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 48 min ago. 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 tradeXYZ live order book, 48 min ago1.12 bp10.1 bp −$1013.4 bp −$134doesn't fitdoesn't fit
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−0.0061%1h1.3387+0.089%$16K$7K40xas long as short
tradeXYZ xyz:GBPshort0.0000%1h1.3386+0.080%$233K$342K50x
Lighter GBPUSD0.0000%1h1.3382+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+0.088%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3384+0.065%$12K$13K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3386+0.080%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3377+0.015%$99120xas long as short
HTX GBPUSD-USDT0.0000%1h1.3398+0.170%$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+0.0130%4h1.3384+0.065%$26.0M$259K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3521+1.088%$11K$73K101xas long as short
Hibachi GBP/USDT-P+0.0360%1h1.3388+0.094%$19K$34K20xas long as short