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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.014%
Price spread now: Nado against HTX−0.092%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.092% cheaper against HTX than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 30 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GBPUSD-USDT1.33660get 0.0000% / 1h43m 38s$5K$336K20x
ShortNado GBPUSD-PERP1.33540.0010get 0.0001% / 1h43m 38s$16K$1K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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
$2.15
Price spread: −0.092% → 0.000%
−$9.17
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$20.42
Costs to cover
0.134%
Break-even
73.4 days
Slippage unknown: HTX: live order book, 54 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 54 min ago39.61 bp50.2 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Nado no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi GBP/USDT-P−0.0056%1h1.3350−0.117%$22K$45K20xas long as short
Lighter GBPUSD0.0000%1h1.3347−0.145%$193K$982K50xas long as short
Gate GBPUSD_USDT0.0000%8h1.3380+0.105%$223K$10K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3351−0.112%$12K$9K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3357−0.067%$2.3M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3345−0.155%$98920xas long as short
HTX GBPUSD-USDTlong0.0000%1h1.3366long leg$5K$336K20x
Nado GBPUSD-PERPshort+0.0010%1h1.3354−0.092%$16K$1K40x
Vest GBP-USD-PERP+0.0039%1h1.3343−0.174%$5K100xas long as short
tradeXYZ xyz:GBP+0.0045%1h1.3355−0.082%$248K$354K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0170%4h1.3352−0.105%$26.0M$252K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3504+1.029%$11K$72K101xas long as short
Bybit GBPUSDUSDT+0.0459%8h1.3373+0.053%$270K$67K100xas long as short