Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004521 | +0.0100 | pay 0.0012% / 1h | 51m 59s | $235K | $1.0M | 10x | Long Nado20% off | |
| SHORT | 0.000004518 | −0.0377 | pay 0.0047% / 1h | 51m 59s | $230K | $716K | 10x | Short Polymarket Perps |
Price gap−0.068%
Funding gap−0.0477% /8h
Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.045% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27−0.0477% /8h now · paid −0.268% over the last 7D
Price−$4spread −0.068% now, avg −0.023% → −0.045% if it goes back
Costs−$470.473% of $10k · taker + slippage, in and out
Result−$79−0.79%+ Points / potential airdropNado: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.268% in total, about −0.0128%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.068%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books12.7 / 9.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $1,000Nado 10x, Polymarket Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$14.31Long Nado: 24 payments, −$3.00; short Polymarket Perps: 24 payments, −$11.31.
- Watch: Gap narrower than usual−0.068% vs −0.023%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$230K vs $235K OIPolymarket Perps sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- OK: No KYC on either legNado No · Polymarket Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0128%/8h × 21 periods−$26.83
Price spread−0.068% → −0.023% (7d avg)−$4.48
Slippage, 4 orderslive order books−$32.29
Fee Nado bp × 2 orders−$7.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k−$78.59
Costs to cover0.473%Break-evennever at this rate
Slippage: Nado: live order book, just now; Polymarket Perps: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGNado4.4312.7 bp−$1381.9 bp−$819doesn’t fitdoesn’t fit
SELL · SHORTPolymarket Perps5.489.5 bp−$913.4 bp−$134doesn’t fitdoesn’t fit
Closing costs about the same again.
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