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

TON

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.12 per $10,000 · paid last 24h
Price spread now: Reya against Nado−7.723%7-day average · you buy dearer than you sell
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 7.723% cheaper against Nado than usual: you would sell low and buy high (−$772 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado TON-PERP1.43450.0100pay 0.0012% / 1h31m 58s$181K$217K10x
ShortReya TONRUSDPERP1.32370get 0.0000% / 1h31m 58s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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

Funding earned
−$21
Price spread: −7.723% → 0.000%
−$772.33
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Reya: 3 bp × 2 orders
−$6
Net
−$806.33
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 11 min ago; Reya: 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 Nado live order book, 11 min ago4.87 bp12.9 bp −$1348.5 bp −$485doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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.

TON on 4 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
GRVT TON_USDT_Perp0.0000%4h1.6194+12.889%$841K$12710xas long as short
Reya TONRUSDPERPshort0.0000%1h1.3237−7.723%
gTrade (Gains Network) TON/USDL 0.0000% / S +0.0008%1h1.4337−0.058%$5K150xas long as short
Nado TON-PERPlong+0.0100%1h1.4345long leg$181K$217K10x