Funding you earn now, next payment 06:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.014%
Price spread now: Nado against Bitget+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Nado is 0.022% dearer against Bitget than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GBPUSDUSDT | 1.3386 | 0 | get 0.0000% / 8h | 2h 43m | $12K | $13K | 100x |
| Short | Nado GBPUSD-PERP | 1.3389 | −0.0064 | pay 0.0008% / 1h | 43m 12s | $16K | $7K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.34
- Price spread: +0.022% → 0.000%
- $2.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- −$24.59
- Costs to cover
- 0.134%
- Break-even
- never at this rate
Slippage unknown: Bitget: no order-book sample; Nado: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget no order-book sample | — | — | — | — | — |
| Sell Nado no order-book sample | — | — | — | — | — |
Bitget and Nado: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado GBPUSD-PERPshort | −0.0064% | 1h | 1.3389 | +0.022% | $16K | $7K | 40x | |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3386 | 0.000% | $233K | $342K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3384 | −0.013% | $181K | $999K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3377 | −0.067% | $245K | $69K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3389 | +0.022% | $222K | $9K | 100x | as long as short |
| Bitget GBPUSDUSDTlong | 0.0000% | 8h | 1.3386 | long leg | $12K | $13K | 100x | |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3386 | 0.000% | — | $2.4M | 10x | as long as short |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3378 | −0.057% | $991 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3392 | +0.045% | $5K | $335K | 20x | as long as short |
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3377 | −0.066% | — | $38K | 100x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GBP_USDT | +0.0200% | 4h | 1.3385 | −0.007% | $26.0M | $255K | 100x | as long as short |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3750 | +2.717% | $12K | $73K | 101x | as long as short |
| Hibachi GBP/USDT-P | +0.0368% | 1h | 1.3390 | +0.028% | $19K | $34K | 20x | as long as short |
Bitget GBPUSDUSDT
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
SunX GBPUSD-USDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
MEXC GBP_USDT
Injective GBPUSD/USDC PERP