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
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 +$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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado GBPUSD-PERP | 1.3373 | −0.0029 | get 0.0004% / 1h | 18m 41s | $16K | $1K | 40x |
| Short | SunX GBPUSD-USDT | 1.3376 | 0 | get 0.0000% / 1h | 18m 41s | — | $2.4M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 8 min ago | 81.11 bp | 100.0 bp −$100 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi GBP/USDT-P | −0.0112% | 1h | 1.3370 | −0.023% | $21K | $43K | 20x | as long as short |
| Nado GBPUSD-PERPlong | −0.0029% | 1h | 1.3373 | long leg | $16K | $1K | 40x | |
| Lighter GBPUSD | 0.0000% | 1h | 1.3369 | −0.028% | $181K | $985K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3374 | +0.011% | $246K | $69K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3391 | +0.136% | $222K | $9K | 100x | as long as short |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3371 | −0.013% | $12K | $12K | 100x | as long as short |
| SunX GBPUSD-USDTshort | 0.0000% | 1h | 1.3376 | +0.024% | — | $2.4M | 10x | |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3363 | −0.071% | $990 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3376 | +0.024% | $5K | $335K | 20x | as long as short |
| tradeXYZ xyz:GBP | +0.0031% | 1h | 1.3377 | +0.032% | $247K | $351K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3362 | −0.082% | — | $19K | 100x | as long as short |
| MEXC GBP_USDT | +0.0178% | 4h | 1.3370 | −0.021% | $26.0M | $257K | 100x | as long as short |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3563 | +1.421% | $11K | $72K | 101x | as long as short |
SunX GBPUSD-USDT
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
Bitget GBPUSDUSDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
tradeXYZ xyz:GBP
MEXC GBP_USDT
Injective GBPUSD/USDC PERP