Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 452.73 | +0.0077 | pay 0.0010% / 1h | 51m 22s | $63K | $56K | 10x | Long Nado20% off | |
| SHORT | 451.50 | −0.0009 | pay 0.0001% / 1h | 51m 22s | $1.5M | $99K | 10x | Short QFEX10% back |
Price gap−0.273%
Funding gap−0.0086% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.273% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0086% /8h now · paid −0.185% over the last 7D
Price—spread −0.273% now · no price history on both exchanges yet
Costsno datano order book for Nado
Result, before costs—+ Points / potential airdropNado: points · farm boardneeds both price histories
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.273%
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
/8hDELL on 25 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Nado: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $1,000Nado 10x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$2.58Long Nado: 24 payments, −$2.32; short QFEX: 24 payments, −$0.26.
- Note: No 7-day spread history−0.273%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$63K vs $1.5M OINado sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- OK: No KYC on either legNado No · QFEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0088%/8h × 21 periods−$18.46
Price spread−0.273% → 0−$27.25
Slippage, 4 ordersno data for Nado—
Fee Nado bp × 2 orders−$7.00
Fee QFEX bp × 2 orders−$20.00
Net, fees only · 7 days · $10k−$72.71
Costs to cover0.270%Break-evennever at this rate
Slippage: Nado: no order-book sample; QFEX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGNado—————
SELL · SHORTQFEX11.5821.6 bp−$2226.4 bp−$264doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado: no data.
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