Settings8H · net · $10k
Funding arb · Price arb /

GBP

RWAall GBP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −6.0% APRnext payment $0.07 per $10,000 · paid last 24h −0.026%
Price spread now: Nado against Vest+0.082%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Nado: Active · farm boardneeds both histories
The price spread pays, funding is against you. Nado is 0.082% dearer against Vest than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GBP-USD-PERP1.33570.0039pay 0.0005% / 1h10m 22s$5K100x
ShortNado GBPUSD-PERP1.3368−0.0016pay 0.0002% / 1h10m 22s$16K$1K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Vest. 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
−$11.43
Price spread: +0.082% → 0.000%
$8.16
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Nado: 0.7 bp × 2 orders
−$1.4
Net
−$6.67
Costs to cover
0.034%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Nado no order-book sample
Vest and 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−0.0072%1h1.3364+0.057%$22K$45K20xas long as short
Nado GBPUSD-PERPshort−0.0016%1h1.3368+0.082%$16K$1K40x
Lighter GBPUSD0.0000%1h1.3362+0.039%$181K$972K50xas long as short
Bybit GBPUSDUSDT0.0000%8h1.3374+0.129%$246K$54K100xas long as short
Gate GBPUSD_USDT0.0000%8h1.3386+0.220%$222K$9K100xas long as short
Bitget GBPUSDUSDT0.0000%8h1.3366+0.070%$12K$9K100xas long as short
SunX GBPUSD-USDT0.0000%1h1.3369+0.093%$2.4M10xas long as short
Kraken Futures PF_GBPUSD0.0000%1h1.3359+0.020%$99020xas long as short
HTX GBPUSD-USDT0.0000%1h1.3374+0.130%$5K$335K20xas long as short
tradeXYZ xyz:GBP+0.0030%1h1.3368+0.085%$246K$349K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GBP-USD-PERPlong+0.0039%1h1.3357long leg$5K100x
MEXC GBP_USDT+0.0192%4h1.3366+0.070%$26.0M$270K100xas long as short
Injective GBPUSD/USDC PERP+0.0220%1h1.3602+1.836%$11K$72K101xas long as short