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+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Nado+0.024%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 SunX is 0.024% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado GBPUSD-PERP1.3373−0.0029get 0.0004% / 1h18m 41s$16K$1K40x
ShortSunX GBPUSD-USDT1.33760get 0.0000% / 1h18m 41s$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$6.18
Price spread: +0.024% → 0.000%
$2.41
Slippage, 4 orders
no order book: not counted
Fee Nado: 0.7 bp × 2 orders
−$1.4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$0.8
Costs to cover
0.094%
Break-even
7.9 days
Slippage unknown: Nado: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago81.11 bp100.0 bp −$100doesn'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
Hibachi GBP/USDT-P−0.0112%1h1.3370−0.023%$21K$43K20xas long as short
Nado GBPUSD-PERPlong−0.0029%1h1.3373long leg$16K$1K40x
Lighter GBPUSD0.0000%1h1.3369−0.028%$181K$985K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3374+0.011%$246K$69K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3391+0.136%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3371−0.013%$12K$12K100xas long as short
SunX GBPUSD-USDTshort0.0000%1h1.3376+0.024%$2.4M10x
Kraken Futures PF_GBPUSD0.0000%1h1.3363−0.071%$99020xas long as short
HTX GBPUSD-USDT0.0000%1h1.3376+0.024%$5K$335K20xas long as short
tradeXYZ xyz:GBP+0.0031%1h1.3377+0.032%$247K$351K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GBP-USD-PERP+0.0038%1h1.3362−0.082%$19K100xas long as short
MEXC GBP_USDT+0.0178%4h1.3370−0.021%$26.0M$257K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3563+1.421%$11K$72K101xas long as short