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+0.0187%/8h= +20.5% APRpaid last 24h +0.060%
Price spread now: MEXC against Nado−0.010%7-day average · you buy dearer than you sell
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: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado GBPUSD-PERP1.3372−0.0029get 0.0004% / 1h14m 19s$16K$1K40x
ShortMEXC GBP_USDT1.33710.0158get 0.0079% / 4h1h 14m$26.0M$257K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$39.3
Price spread: −0.010% → 0.000%
−$1.03
Slippage, 4 orders
no order book: not counted
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee MEXC: 4 bp × 2 orders
−$8
Net
$28.87
Costs to cover
0.094%
Break-even
1.9 days
Slippage unknown: Nado: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago1.12 bp5.1 bp −$55.1 bp −$516.1 bp −$61429.3 bp −$14.7K
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
Hibachi GBP/USDT-P−0.0136%1h1.3369−0.027%$21K$43K20xas long as short
Nado GBPUSD-PERPlong−0.0029%1h1.3372long leg$16K$1K40x
Lighter GBPUSD0.0000%1h1.3369−0.028%$181K$985K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3374+0.015%$246K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3394+0.162%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3370−0.018%$12K$12K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3377+0.035%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3363−0.068%$99020xas long as short
HTX GBPUSD-USDT0.0000%1h1.3391+0.139%$5K$335K20xas long as short
Vest GBP-USD-PERP+0.0038%1h1.3361−0.086%$19K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GBP+0.0039%1h1.3376+0.027%$247K$351K50xas long as short
MEXC GBP_USDTshort+0.0158%4h1.3371−0.010%$26.0M$257K100x
Injective GBPUSD/USDC PERP+0.0220%1h1.3563+1.424%$11K$72K101xas long as short