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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.059%
Price spread now: Nado against MEXC+0.013%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 airdropNado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GBP_USDT1.33830.0054pay 0.0027% / 4h2h 03m$26.0M$259K100x
ShortNado GBPUSD-PERP1.3385−0.0058pay 0.0007% / 1h3m 30s$16K$7K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against MEXC. 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
−$23.52
Price spread: +0.013% → 0.000%
$1.28
Slippage, 4 orders
no order book: not counted
Fee MEXC: 4 bp × 2 orders
−$8
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$31.64
Costs to cover
0.094%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago1.12 bp5.1 bp −$55.6 bp −$566.9 bp −$69560.1 bp −$30.1K
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
Nado GBPUSD-PERPshort−0.0058%1h1.3385+0.013%$16K$7K40x
tradeXYZ xyz:GBP0.0000%1h1.3386+0.022%$245K$351K50xas long as short
Lighter GBPUSD0.0000%1h1.3381−0.014%$181K$999K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3380−0.023%$246K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3389+0.045%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3382−0.007%$12K$12K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3387+0.030%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3375−0.057%$99120xas long as short
HTX GBPUSD-USDT0.0000%1h1.3377−0.045%$5K$334K20xas long as short
Vest GBP-USD-PERP+0.0038%1h1.3373−0.074%$38K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDTlong+0.0054%4h1.3383long leg$26.0M$259K100x
Injective GBPUSD/USDC PERP+0.0220%1h1.3750+2.740%$12K$73K101xas long as short
Hibachi GBP/USDT-P+0.0248%1h1.3379−0.033%$21K$43K20xas long as short