Funding you earn now, next payment 09:00 UTC+0.0449%/8h= +49.1% APRpaid last 24h +0.014%
Price spread now: Bybit against Nado+0.146%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 +$13 a day on $10k at the current rate, and Bybit is 0.146% dearer against Nado than usual: you sell high and buy low: +$15 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 | Nado GBPUSD-PERP | 1.3354 | 0.0010 | pay 0.0001% / 1h | 44m 10s | $16K | $1K | 40x |
| Short | Bybit GBPUSDUSDT | 1.3373 | 0.0459 | get 0.0459% / 8h | 7h 44m | $270K | $67K | 100x |
Nado GBPUSD-PERP
Bybit GBPUSDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Nado. 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
- $94.21
- Price spread: +0.146% → 0.000%
- $14.65
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $96.46
- Costs to cover
- 0.124%
- Break-even
- from the start
Slippage unknown: Nado: no order-book sample; Bybit: live order book, 36 min ago. 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 Nado no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 36 min ago | 0.04 bp | 5.5 bp −$6 | 28.1 bp −$281 | doesn't fit | doesn't fit |
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 | −0.026% | $22K | $45K | 20x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3347 | −0.053% | $193K | $982K | 50x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3381 | +0.204% | $223K | $10K | 100x | as long as short |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3352 | −0.013% | $12K | $9K | 100x | as long as short |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3357 | +0.024% | — | $2.3M | 10x | as long as short |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3345 | −0.063% | $989 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3366 | +0.092% | $5K | $336K | 20x | as long as short |
| Nado GBPUSD-PERPlong | +0.0010% | 1h | 1.3354 | long leg | $16K | $1K | 40x | |
| Vest GBP-USD-PERP | +0.0039% | 1h | 1.3343 | −0.083% | — | $5K | 100x | as long as short |
| tradeXYZ xyz:GBP | +0.0045% | 1h | 1.3356 | +0.017% | $248K | $354K | 50x | as long as short |
Hibachi GBP/USDT-P
Lighter GBPUSD
Gate GBPUSD_USDT
Bitget GBPUSDUSDT
SunX GBPUSD-USDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
Vest GBP-USD-PERP
tradeXYZ xyz:GBPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GBP_USDT | +0.0180% | 4h | 1.3354 | +0.002% | $26.0M | $252K | 100x | as long as short |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3504 | +1.122% | $11K | $72K | 101x | as long as short |
| Bybit GBPUSDUSDTshort | +0.0459% | 8h | 1.3373 | +0.146% | $270K | $67K | 100x |
MEXC GBP_USDT
Injective GBPUSD/USDC PERP