GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0210%/8h= −23.0% APRnext payment −$0.26 per $10,000 · paid last 24h −0.080%

Price spread now: Nado against Injective−1.110%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Nado

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Nado is 1.110% cheaper against Injective than usual: you would sell low and buy high (−$111 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective GBPUSD/USDC PERP	1.3504	0.0220	pay 0.0028% / 1h	43m 35s	$11K	$72K	101x
Short	Nado GBPUSD-PERP	1.3354	0.0010	get 0.0001% / 1h	43m 35s	$16K	$1K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee NadobpOrdersPrice spread, now −1.110%Rate

Funding earned: −$44.05
Price spread: −1.110% → 0.000%: −$110.98
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 0.7 bp × 2 orders: −$1.4
Net: −$156.45
Costs to cover: 0.014%
Break-even: never at this rate

Slippage unknown: Injective: 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 Injective no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

Injective 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
Hibachi GBP/USDT-P	−0.0056%	1h	1.3350	−1.135%	$22K	$45K	20x	as long as short
Lighter GBPUSD	0.0000%	1h	1.3347	−1.163%	$193K	$982K	50x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3380	−0.915%	$223K	$10K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3351	−1.130%	$12K	$9K	100x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3357	−1.086%	—	$2.3M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3345	−1.172%	$989	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3366	−1.019%	$5K	$336K	20x	as long as short
Nado GBPUSD-PERPshort	+0.0010%	1h	1.3354	−1.110%	$16K	$1K	40x
Vest GBP-USD-PERP	+0.0039%	1h	1.3343	−1.191%	—	$5K	100x	as long as short
tradeXYZ xyz:GBP	+0.0045%	1h	1.3355	−1.100%	$248K	$354K	50x	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	+0.0170%	4h	1.3352	−1.123%	$26.0M	$252K	100x	as long as short
Injective GBPUSD/USDC PERPlong	+0.0220%	1h	1.3504	long leg	$11K	$72K	101x
Bybit GBPUSDUSDT	+0.0459%	8h	1.3373	−0.966%	$270K	$67K	100x	as long as short