Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Nado against SoDEX−0.034%7-day average −0.054% · 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−$16as in the Price arb table
costs, in and out, $10k−$180.177% of the position
Funding, last 3 days (all we have)+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)−0.074%−$7 · spread now −0.034%, 7d avg −0.054%
=Together, before fees−0.028%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.020% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XAUT-USD | 4,359.3 | 0.0050 | pay 0.0006% / 1h | 32m 39s | $10.2M | $2.0M | 25x |
| Short | Nado XAUT-PERP | 4,357.8 | 0.0100 | get 0.0012% / 1h | 32m 39s | $4.2M | $1.0M | 10x |
SoDEX XAUT-USD
Nado XAUT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SoDEX. 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
- $10.5
- Price spread: −0.034% → −0.054%
- $2.01
- Slippage, 4 orders
- −$2.68
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$5.17
- Costs to cover
- 0.177%
- Break-even
- 10.4 days
Slippage from SoDEX: live order book, 1 min ago; Nado: live order book, 1 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 SoDEX live order book, 1 min ago | 0.12 bp | 4.1 bp −$4 | 4.9 bp −$49 | 48.9 bp −$4,892 | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.12 bp | 5.8 bp −$6 | 9.4 bp −$94 | doesn't fit | doesn't fit |
XAUT on 20 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0189% | 1h | 4,361 | +0.038% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0056% | 4h | 4,357.8 | −0.035% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,359.3 | 0.000% | $131.3M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.218% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USDlong | +0.0050% | 1h | 4,359.3 | long leg | $10.2M | $2.0M | 25x | |
| Nado XAUT-PERPshort | +0.0100% | 1h | 4,357.8 | −0.034% | $4.2M | $1.0M | 10x | |
| Binance XAUTUSDT | +0.0100% | 4h | 4,358 | −0.030% | $35.5M | $46.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,358.3 | −0.023% | $121.0M | $27.7M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,358.3 | −0.023% | $338.3M | $280.7M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,360.4 | +0.025% | $11.4M | $2.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0100% | 4h | 4,358.5 | −0.018% | — | $17.9M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,359.5 | +0.004% | $33.3M | $3.4M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,359.6 | +0.006% | $732 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,358.2 | −0.025% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,359.5 | +0.005% | $1.9M | $245K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,362.1 | +0.064% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,358.2 | −0.025% | $1.9M | $230K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,357 | −0.053% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,360.2 | +0.020% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,358.4 | −0.021% | $2.3M | $1.6M | 75x | as long as short |
BingX XAUT-USDT
Variational Omni XAUT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT