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

TON

all TON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h
Price spread now: Nado against Reya+8.517%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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 8.517% dearer against Reya than usual: you sell high and buy low: +$852 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TONRUSDPERP1.32380get 0.0000% / 1h50m 47s
ShortNado TON-PERP1.43650.0100get 0.0012% / 1h50m 47s$148K$201K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Reya. 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: +8.517% → 0.000%
$851.7
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$859.7
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Nado: live order book, 2 min ago. 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 Reya no order-book sample
Sell Nado live order book, 2 min ago0.35 bp10.0 bp −$1044.7 bp −$447doesn't fitdoesn't fit
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+22.336%$841K$12710xas long as short
Reya TONRUSDPERPlong0.0000%1h1.3238long leg
gTrade (Gains Network) TON/USDL 0.0000% / S +0.0008%1h1.4366+8.525%$5K150xas long as short
Nado TON-PERPshort+0.0100%1h1.4365+8.517%$148K$201K10x