Funding you earn now, next payment 05:00 UTC+0.0282%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.079%
Price spread now: Injective against Nado+0.975%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$8 a day on $10k at the current rate, and Injective is 0.975% dearer against Nado than usual: you sell high and buy low: +$97 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 | 1.3388 | −0.0062 | get 0.0008% / 1h | 47m 10s | $16K | $7K | 40x |
| Short | Injective GBPUSD/USDC PERP | 1.3519 | 0.0220 | get 0.0028% / 1h | 47m 10s | $11K | $73K | 101x |
Nado GBPUSD-PERP
Injective GBPUSD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $59.24
- Price spread: +0.975% → 0.000%
- $97.49
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $155.3
- Costs to cover
- 0.014%
- Break-even
- from the start
Slippage unknown: Nado: no order-book sample; Injective: 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 Nado no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Nado and Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GBPUSD-PERPlong | −0.0062% | 1h | 1.3388 | long leg | $16K | $7K | 40x | |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3385 | −0.025% | $233K | $342K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3383 | −0.036% | $181K | $999K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3378 | −0.079% | $245K | $69K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3387 | −0.010% | $222K | $9K | 100x | as long as short |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3385 | −0.025% | $12K | $14K | 100x | as long as short |
| SunX GBPUSD-USDT | 0.0000% | 1h | 1.3385 | −0.025% | — | $2.4M | 10x | as long as short |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3379 | −0.067% | $991 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3405 | +0.125% | $5K | $334K | 20x | as long as short |
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3376 | −0.090% | — | $38K | 100x | as long as short |
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
Bitget GBPUSDUSDT
SunX GBPUSD-USDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
Vest GBP-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GBP_USDT | +0.0118% | 4h | 1.3384 | −0.032% | $26.0M | $258K | 100x | as long as short |
| Injective GBPUSD/USDC PERPshort | +0.0220% | 1h | 1.3519 | +0.975% | $11K | $73K | 101x | |
| Hibachi GBP/USDT-P | +0.0352% | 1h | 1.3387 | −0.013% | $19K | $34K | 20x | as long as short |
MEXC GBP_USDT
Hibachi GBP/USDT-P