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

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h +0.015%
Price spread now: HTX against Nado+0.137%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.137% dearer against Nado than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado GBPUSD-PERP1.3376−0.0043get 0.0005% / 1h51m 14s$16K$7K40x
ShortHTX GBPUSD-USDT1.33940get 0.0000% / 1h51m 14s$5K$334K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Nado. 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
$9.11
Price spread: +0.137% → 0.000%
$13.67
Slippage, 4 orders
no order book: not counted
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee HTX: 6 bp × 2 orders
−$12
Net
$9.38
Costs to cover
0.134%
Break-even
from the start
Slippage unknown: Nado: no order-book sample; HTX: live order book, 56 min ago. 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 Nado no order-book sample
Sell HTX live order book, 56 min ago17.17 bp38.4 bp −$38doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado GBPUSD-PERPlong−0.0043%1h1.3376long leg$16K$7K40x
Lighter GBPUSD0.0000%1h1.3373−0.024%$181K$985K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3377+0.007%$246K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3387+0.084%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3374−0.013%$12K$12K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3376+0.002%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3366−0.070%$99020xas long as short
HTX GBPUSD-USDTshort0.0000%1h1.3394+0.137%$5K$334K20x
Vest GBP-USD-PERP+0.0038%1h1.3365−0.083%$25K100xas long as short
tradeXYZ xyz:GBP+0.0077%1h1.3379+0.025%$247K$351K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC GBP_USDT+0.0134%4h1.3373−0.020%$26.0M$255K100xas long as short
Hibachi GBP/USDT-P+0.0144%1h1.3372−0.025%$21K$43K20xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3523+1.100%$11K$72K101xas long as short