Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h −0.002%
Price spread now: Kraken Futures against Nado−0.013%46s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$220.220% of the position
Funding, last 4 days (all we have)−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.013%, 7d avg +0.026%
=Together, before fees+0.029%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.039% cheaper against Nado than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.026%). If the spread goes back, that is −$4 on $10k: about 3.8 days of funding at the current rate (+$1 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XAUT-PERP | 4,315.8 | 0.0100 | pay 0.0012% / 1h | 47m 25s | $4.1M | $899K | 10x |
| Short | Kraken Futures PF_XAUTUSD | 4,315.3 | 0.0134 | get 0.0017% / 1h | 47m 25s | $5.9M | $5.9M | 50x |
Nado XAUT-PERP
Kraken Futures PF_XAUTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.06
- Price spread: −0.013% → +0.026%
- −$3.85
- Slippage, 4 orders
- −$5.03
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$18.83
- Costs to cover
- 0.220%
- Break-even
- 25.7 days
Slippage from Nado: live order book, 5 min ago; Kraken Futures: live order book, 5 min ago.
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 Nado live order book, 5 min ago | 0.12 bp | 5.1 bp −$5 | 8.7 bp −$87 | 673.0 bp −$67.3K | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 0.23 bp | 6.7 bp −$7 | 8.4 bp −$84 | 17.7 bp −$1,765 | doesn't fit |
XAUT on 20 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUTUSDT | −0.0128% | 4h | 4,316.2 | +0.008% | $24.3M | $25.2M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0074% | 1h | 4,318.2 | +0.054% | $55K | $7K | 20x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,318.3 | +0.057% | $130.0M | $10.7M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.787% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,313.1 | −0.064% | $10.1M | $2.2M | 25x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,315.4 | −0.011% | $274K | $211K | 25x | as long as short |
| Binance XAUTUSDT | +0.0098% | 4h | 4,315.5 | −0.008% | $36.1M | $48.3M | 75x | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,317 | +0.027% | $33.0M | $3.1M | — | as long as short |
| Nado XAUT-PERPlong | +0.0100% | 1h | 4,315.8 | long leg | $4.1M | $899K | 10x | |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,315.7 | −0.004% | $118.8M | $37.8M | 75x | as long as short |
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Variational Omni XAUT
Bybit XAUTUSDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,315.9 | +0.001% | $393.4M | $296.2M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,317.8 | +0.045% | $12.3M | $3.7M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,315.7 | −0.003% | — | $21.0M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,314 | −0.044% | $384 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,314.4 | −0.034% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,316 | +0.002% | $1.8M | $435K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,319.5 | +0.084% | $3K | $2.5M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,319.2 | +0.076% | $1.8M | $180K | 75x | as long as short |
| Kraken Futures PF_XAUTUSDshort | +0.0134% | 1h | 4,315.3 | −0.013% | $5.9M | $5.9M | 50x | |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,313 | −0.066% | $2.3M | $732K | 75x | as long as short |
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT