GBP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.08 per $10,000 · paid last 24h +0.014%

Price spread now: tradeXYZ against Nado−0.022%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 tradeXYZ

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 days—no price history on both exchanges yet

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

Funding pays, the price is against you. tradeXYZ is 0.022% cheaper against Nado than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 27 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado GBPUSD-PERP	1.3389	−0.0066	get 0.0008% / 1h	45m 40s	$16K	$7K	40x
Short	tradeXYZ xyz:GBP	1.3386	0	get 0.0000% / 1h	45m 40s	$233K	$342K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.022%Rate

Funding earned: $13.77
Price spread: −0.022% → 0.000%: −$2.23
Slippage, 4 orders: no order book: not counted
Fee Nado: 0.7 bp × 2 orders: −$1.4
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$7.86
Costs to cover: 0.194%
Break-even: 11.0 days

Slippage unknown: Nado: no order-book sample; tradeXYZ: live order book, 31 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 tradeXYZ live order book, 31 min ago	1.12 bp	10.1 bp −$10	12.6 bp −$126	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
Nado GBPUSD-PERPlong	−0.0066%	1h	1.3389	long leg	$16K	$7K	40x
tradeXYZ xyz:GBPshort	0.0000%	1h	1.3386	−0.022%	$233K	$342K	50x
Lighter GBPUSD	0.0000%	1h	1.3384	−0.039%	$181K	$999K	50x	as long as short
Bybit GBPUSDUSDT	0.0000%	8h	1.3377	−0.089%	$245K	$69K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3389	0.000%	$222K	$9K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3386	−0.022%	$12K	$13K	100x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3386	−0.022%	—	$2.4M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3378	−0.079%	$991	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3391	+0.015%	$5K	$335K	20x	as long as short
Vest GBP-USD-PERP	+0.0038%	1h	1.3377	−0.089%	—	$38K	100x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GBP_USDT	+0.0196%	4h	1.3386	−0.022%	$26.0M	$255K	100x	as long as short
Injective GBPUSD/USDC PERP	+0.0220%	1h	1.3750	+2.694%	$12K	$73K	101x	as long as short
Hibachi GBP/USDT-P	+0.0368%	1h	1.3390	+0.009%	$19K	$34K	20x	as long as short