Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.015%
Price spread now: Nado against Kraken Futures+0.082%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Nado is 0.082% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GBPUSD | 1.3361 | 0 | get 0.0000% / 1h | 53m 44s | $990 | — | 20x |
| Short | Nado GBPUSD-PERP | 1.3372 | 0.0009 | get 0.0001% / 1h | 53m 44s | $16K | $1K | 40x |
Kraken Futures PF_GBPUSD
Nado GBPUSD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. 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
- $1.97
- Price spread: +0.082% → 0.000%
- $8.18
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- −$1.25
- Costs to cover
- 0.114%
- Break-even
- 11.4 days
Slippage unknown: Kraken Futures: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Nado no order-book sample | — | — | — | — | — |
Kraken Futures 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 | −0.0120% | 1h | 1.3368 | +0.047% | $21K | $43K | 20x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3366 | +0.034% | $181K | $972K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3376 | +0.106% | $246K | $69K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3395 | +0.252% | $222K | $9K | 100x | as long as short |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3370 | +0.065% | $12K | $12K | 100x | as long as short |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3374 | +0.095% | — | $2.4M | 10x | as long as short |
| Kraken Futures PF_GBPUSDlong | 0.0000% | 1h | 1.3361 | long leg | $990 | — | 20x | |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3391 | +0.222% | $5K | $335K | 20x | as long as short |
| Nado GBPUSD-PERPshort | +0.0009% | 1h | 1.3372 | +0.082% | $16K | $1K | 40x | |
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3359 | −0.016% | — | $19K | 100x | as long as short |
Hibachi GBP/USDT-P
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
Bitget GBPUSDUSDT
SunX GBPUSD-USDT
HTX GBPUSD-USDT
Vest GBP-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GBP | +0.0075% | 1h | 1.3374 | +0.095% | $246K | $351K | 50x | as long as short |
| MEXC GBP_USDT | +0.0148% | 4h | 1.3367 | +0.042% | $26.0M | $253K | 100x | as long as short |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3510 | +1.110% | $11K | $72K | 101x | as long as short |
tradeXYZ xyz:GBP
MEXC GBP_USDT
Injective GBPUSD/USDC PERP