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: Nado against tradeXYZ+0.022%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Nado

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 airdroptradeXYZ: Active · Nado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.022% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:GBP	1.3386	0	get 0.0000% / 1h	45m 38s	$233K	$342K	50x
Short	Nado GBPUSD-PERP	1.3389	−0.0066	pay 0.0008% / 1h	45m 38s	$16K	$7K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against tradeXYZ. 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 tradeXYZbpFee NadobpOrdersPrice 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 tradeXYZ: 9 bp × 2 orders: −$18
Fee Nado: 0.7 bp × 2 orders: −$1.4
Net: −$30.94
Costs to cover: 0.194%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 31 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 tradeXYZ live order book, 31 min ago	1.12 bp	11.9 bp −$12	15.4 bp −$154	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
Nado GBPUSD-PERPshort	−0.0066%	1h	1.3389	+0.022%	$16K	$7K	40x
tradeXYZ xyz:GBPlong	0.0000%	1h	1.3386	long leg	$233K	$342K	50x
Lighter GBPUSD	0.0000%	1h	1.3384	−0.017%	$181K	$999K	50x	as long as short
Bybit GBPUSDUSDT	0.0000%	8h	1.3377	−0.066%	$245K	$69K	100x	as long as short
Gate GBPUSD_USDT	0.0000%	8h	1.3389	+0.022%	$222K	$9K	100x	as long as short
Bitget GBPUSDUSDT	0.0000%	8h	1.3386	0.000%	$12K	$13K	100x	as long as short
SunX GBPUSD-USDT	0.0000%	1h	1.3386	0.000%	—	$2.4M	10x	as long as short
Kraken Futures PF_GBPUSD	0.0000%	1h	1.3378	−0.057%	$991	—	20x	as long as short
HTX GBPUSD-USDT	0.0000%	1h	1.3391	+0.037%	$5K	$335K	20x	as long as short
Vest GBP-USD-PERP	+0.0038%	1h	1.3377	−0.067%	—	$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	0.000%	$26.0M	$255K	100x	as long as short
Injective GBPUSD/USDC PERP	+0.0220%	1h	1.3750	+2.717%	$12K	$73K	101x	as long as short
Hibachi GBP/USDT-P	+0.0368%	1h	1.3390	+0.031%	$19K	$34K	20x	as long as short