Funding you earn now, next payment 07:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.017%
Price spread now: tradeXYZ against Nado+0.033%7-day average −0.057% · 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−$38as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 3 days (all we have)+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.033%, 7d avg −0.057%
=Together, before fees−0.008%+ Points / potential airdropNado: Active · tradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.090% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado AAPL-PERP | 339.55 | −0.0047 | get 0.0006% / 1h | 51m 12s | $555K | $38K | 20x |
| Short | tradeXYZ xyz:AAPL | 339.66 | 0.0099 | get 0.0012% / 1h | 51m 12s | $40.6M | $76.6M | 20x |
Nado AAPL-PERP
tradeXYZ xyz:AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $30.54
- Price spread: +0.033% → −0.057%
- $9.04
- Slippage, 4 orders
- −$21.69
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$7.12
- Costs to cover
- 0.467%
- Break-even
- 8.6 days
Slippage from Nado: live order book, 57 min ago; tradeXYZ: live order book, 7 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, 57 min ago | 0.59 bp | 13.0 bp −$13 | 68.0 bp −$680 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.15 bp | 9.5 bp −$10 | 12.4 bp −$124 | 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 | −0.0856% | 4h | 339.67 | +0.035% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERPlong | −0.0047% | 1h | 339.55 | long leg | $555K | $38K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.57 | +0.007% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.63 | +0.024% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.76 | +0.063% | $22.1M | $67.6M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.71 | +0.048% | $7.0M | $104.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.69 | +0.042% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.46 | −0.026% | $3.0M | $4.9M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.77 | +0.066% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.65 | +0.032% | $2.4M | $1.4M | — | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.70 | +0.045% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.71 | +0.048% | $897 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.85 | +0.089% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.74 | +0.057% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0009% | 8h | 339.72 | +0.051% | $341K | $168K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0015% | 1h | 339.58 | +0.010% | $28K | $68K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0016% | 1h | 339.59 | +0.013% | $36K | — | 20x | as long as short |
| QFEX AAPL-USD | +0.0023% | 1h | 339.67 | +0.036% | $3.2M | $4.3M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.55 | +0.001% | $660K | $657K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.65 | +0.031% | $908K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.61 | +0.019% | $951K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.58 | +0.010% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.48 | −0.020% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.61 | +0.019% | $280K | $416K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.63 | +0.025% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.48 | −0.020% | $1.3M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:AAPLshort | +0.0099% | 1h | 339.66 | +0.033% | $40.6M | $76.6M | 20x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.44 | −0.031% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.45 | −0.028% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.58 | +0.010% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.59 | +0.013% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.74 | +0.057% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.06 | +0.151% | $191K | $44K | 30x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
Hotstuff AAPL-PERP
QFEX AAPL-USD
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
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
Phoenix AAPL
Injective AAPL/USDC PERP