GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h +0.013%

Price spread now: Kraken Futures against Nado−0.055%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.055% cheaper against Nado than usual: you would sell low and buy high, −$6 on $10k if it 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	1.3370	0.0006	pay 0.0001% / 1h	45m 50s	$16K	$1K	40x
Short	Kraken Futures PF_GBPUSD	1.3362	0	get 0.0000% / 1h	45m 50s	$990	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee NadobpFee Kraken FuturesbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$1.28
Price spread: −0.055% → 0.000%: −$5.51
Slippage, 4 orders: no order book: not counted
Fee Nado: 0.7 bp × 2 orders: −$1.4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$18.19
Costs to cover: 0.114%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Kraken Futures: 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 Kraken Futures no order-book sample	—	—	—	—	—

Nado and Kraken Futures: 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 exchanges

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
tradeXYZ xyz:GBP	0.0000%	1h	1.3371	+0.010%	$257K	$357K	50x	as long as short
Lighter GBPUSD	0.0000%	1h	1.3364	−0.043%	$224K	$1.0M	50x	as long as short
Bybit GBPUSDUSDT	0.0000%	8h	1.3382	+0.092%	$247K	$104K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3392	+0.167%	$222K	$14K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3366	−0.028%	$12K	$6K	100x	as long as short
Hibachi GBP/USDT-P	0.0000%	1h	1.3370	0.000%	$24K	$44K	20x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3371	+0.010%	—	$1.7M	10x	as long as short
Kraken Futures PF_GBPUSDshort	0.0000%	1h	1.3362	−0.055%	$990	—	20x
HTX GBPUSD-USDT	0.0000%	1h	1.3389	+0.144%	$5K	$337K	20x	as long as short
Nado GBPUSD-PERPlong	+0.0006%	1h	1.3370	long leg	$16K	$1K	40x

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GBPUSD/USDC PERP	+0.0033%	1h	1.3504	+1.001%	$11K	$72K	101x	as long as short
Vest GBP-USD-PERP	+0.0038%	1h	1.3359	−0.083%	—	$5K	100x	as long as short
MEXC GBP_USDT	+0.0098%	4h	1.3368	−0.013%	$26.3M	$310K	100x	as long as short