Funding you earn now, next payment 09:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.014%
Price spread now: Nado against SunX−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Nado is 0.024% cheaper against SunX than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 7.9 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GBPUSD-USDT | 1.3357 | 0 | get 0.0000% / 1h | 43m 37s | — | $2.3M | 10x |
| Short | Nado GBPUSD-PERP | 1.3354 | 0.0010 | get 0.0001% / 1h | 43m 37s | $16K | $1K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SunX. 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
- $2.15
- Price spread: −0.024% → 0.000%
- −$2.44
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- −$9.69
- Costs to cover
- 0.094%
- Break-even
- 38.5 days
Slippage unknown: SunX: live order book, 3 min ago; Nado: 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 SunX live order book, 3 min ago | 80.86 bp | 98.6 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
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 | −0.0056% | 1h | 1.3350 | −0.050% | $22K | $45K | 20x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3347 | −0.078% | $193K | $982K | 50x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3380 | +0.172% | $223K | $10K | 100x | as long as short |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3351 | −0.045% | $12K | $9K | 100x | as long as short |
| SunX GBPUSD-USDTlong | 0.0000% | 1h | 1.3357 | long leg | — | $2.3M | 10x | |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3345 | −0.087% | $989 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3366 | +0.067% | $5K | $336K | 20x | as long as short |
| Nado GBPUSD-PERPshort | +0.0010% | 1h | 1.3354 | −0.024% | $16K | $1K | 40x | |
| Vest GBP-USD-PERP | +0.0039% | 1h | 1.3343 | −0.107% | — | $5K | 100x | as long as short |
| tradeXYZ xyz:GBP | +0.0045% | 1h | 1.3355 | −0.015% | $248K | $354K | 50x | 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 | +0.0170% | 4h | 1.3352 | −0.037% | $26.0M | $252K | 100x | as long as short |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3504 | +1.098% | $11K | $72K | 101x | as long as short |
| Bybit GBPUSDUSDT | +0.0459% | 8h | 1.3373 | +0.121% | $270K | $67K | 100x | as long as short |
SunX GBPUSD-USDT
Lighter GBPUSD
Gate GBPUSD_USDT
Bitget GBPUSDUSDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
tradeXYZ xyz:GBP
MEXC GBP_USDT
Injective GBPUSD/USDC PERP
Bybit GBPUSDUSDT