Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG90.112−0.0016get 0.0002% / 1h41m 34s$963K$681K10xLong Nado20% off
SHORT90.335L +0.0023S +0.0913pay 0.0114% / 1h41m 34s$56K—25xShort Avantis
Price gap+0.247%
Funding gap−0.0898% /8h

The gap pays +$25 on $10k if it goes back to zero (no 7-day history yet), but funding costs $27 a day and eats that in about 22 hours. At the last 7 days' pace that is about 7.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$24−0.0898% /8h now · paid −0.239% over the last 7D
Price—spread +0.247% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropNado: points · Avantis: Season 3 · farm boardneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.239% in total, about −0.0114%/8h on average.

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.247%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 38 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $400
    Nado 10x, Avantis 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$26.93Long Nado: 24 payments, +$0.47; short Avantis: 24 payments, −$27.40.
  • Note: No 7-day spread history+0.247%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$56K vs $963K OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legNado points · Avantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legNado No · Avantis No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0114%/8h × 21 periods−$23.95
Price spread+0.247% → 0+$24.70
Slippage, 4 ordersno data for Avantis—
Fee Nado bp × 2 orders−$7.00
Fee Avantis bp × 2 orders−$20.00
Net, fees only · 7 days · $10k−$26.25
Costs to cover0.270%Break-evennever at this rate
Slippage: Nado: live order book, 53 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGNado0.054.7 bp−$58.4 bp−$8451.1 bp−$5,106doesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →
09-25 16:46KalshiOtherBREAKING: WTI oil down nearly 3% in the last 1 hour as Al Jazeera reports US-Iran talks have entered "technical stage" @Kalshi on X ↗
09-25 13:31Vest MarketsOtherAt the open, $CL is down around 2%, with Iran proposing on Thursday to reopen the Strait of Hormuz within seven days. Negotiators are exploring a phased arrangement in which Tehran reopens the strait and Washington lifts its economic blockade of Iran, per Reuters. Trade $CL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗