Funding you earn now, next payment 22:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h +0.008%
Price spread now: OKX against Nado+0.086%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 3 days (all we have)+0.052%+$5 on $10k
+Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.086%, 7d avg −0.009%
=Together, before fees−0.065%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.095% dearer against Nado than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.009%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 3 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado AAPL-PERP | 338.78 | 0.0089 | pay 0.0011% / 1h | 0m 57s | $556K | $35K | 20x |
| Short | OKX AAPL-USDT-SWAP | 339.07 | 0 | get 0.0000% / 8h | 2h 00m | $6.6M | $6.9M | 25x |
Nado AAPL-PERP
OKX AAPL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$18.78
- Price spread: +0.086% → −0.009%
- $9.54
- Slippage, 4 orders
- −$20.99
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$47.23
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from Nado: live order book, 22 min ago; OKX: live order book, 2 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, 22 min ago | 0.15 bp | 12.8 bp −$13 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.15 bp | 7.0 bp −$7 | 13.5 bp −$135 | doesn't fit | doesn't fit |
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0993% | 4h | 339.02 | +0.072% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.09 | +0.093% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.09 | +0.093% | $284K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.13 | +0.103% | $22.3M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.13 | +0.104% | $6.1M | $25.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAPshort | 0.0000% | 8h | 339.07 | +0.086% | $6.6M | $6.9M | 25x | |
| Gate AAPL_USDT | 0.0000% | 8h | 338.88 | +0.030% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.12 | +0.101% | $6.2M | $3.4M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.06 | +0.082% | $2.5M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.05 | +0.080% | $14K | $510K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.10 | +0.095% | $773 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.84 | +0.018% | $28K | $65K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.22 | +0.130% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.17 | +0.115% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0021% | 8h | 339.07 | +0.086% | $354K | $165K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.95 | +0.052% | $768K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.00 | +0.065% | $970K | $3.9M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.71 | −0.020% | — | $53K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 339.06 | +0.083% | $3.2M | $5.0M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.80 | +0.006% | $264K | $392K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.02 | +0.071% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.78 | 0.000% | $1.5M | $2.4M | 20x | as long as short |
| Nado AAPL-PERPlong | +0.0089% | 1h | 338.78 | long leg | $556K | $35K | 20x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.77 | −0.003% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.76 | −0.006% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.93 | +0.045% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.00 | +0.065% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 339.00 | +0.065% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0144% | 1h | 339.00 | +0.065% | $661K | $675K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.46 | +0.201% | $191K | $44K | 30x | as long as short |
| tradeXYZ xyz:AAPL | +0.0224% | 1h | 339.04 | +0.077% | $41.0M | $77.1M | 20x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.02 | +0.071% | $2K | $12K | 20x | as long as short |
| Arcus AAPL-USD | +0.0310% | 1h | 339.01 | +0.068% | $270K | $70K | 20x | as long as short |
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
QFEX AAPL-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
tradeXYZ xyz:AAPL
Phoenix AAPL
Arcus AAPL-USD