Funding you earn now, next payment 09:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h −0.011%
Price spread now: Nado against Injective−0.236%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Nado is 0.236% cheaper against Injective than usual: you would sell low and buy high (spread −0.236% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 12 days of funding at the current rate (+$2 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective EURUSD/USDC PERP | 1.1466 | 0.0033 | pay 0.0004% / 1h | 28m 07s | $9K | $78K | 101x |
| Short | Nado EURUSD-PERP | 1.1439 | 0.0102 | get 0.0013% / 1h | 28m 07s | $465K | $159K | 40x |
Injective EURUSD/USDC PERP
Nado EURUSD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Injective. 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
- $14.35
- Price spread: −0.236% → 0.000%
- −$23.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- −$10.69
- Costs to cover
- 0.014%
- Break-even
- 12.2 days
Slippage unknown: Injective: no order-book sample; Nado: live order book, 5 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 5 min ago | 1.49 bp | 2.8 bp −$3 | 3.6 bp −$36 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0290% | 4h | 1.1439 | −0.239% | $6.8M | $141K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0131% | 1h | 1.1433 | −0.295% | $3K | — | 50x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1444 | −0.195% | $2.1M | $551K | 50x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1436 | −0.265% | $246K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1440 | −0.230% | — | $2.3M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1447 | −0.169% | $12K | $273K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1436 | −0.262% | $6.8M | $1.4M | 100x | as long as short |
| Injective EURUSD/USDC PERPlong | +0.0033% | 1h | 1.1466 | long leg | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1468 | +0.012% | — | $224K | 100x | as long as short |
| Bitget EURUSDUSDT | +0.0060% | 8h | 1.1470 | +0.031% | $261K | $27K | 100x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Lighter EURUSD
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Vest EUR-USD-PERP
Bitget EURUSDUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica EURUSD | +0.0100% | 1h | 1.1435 | −0.270% | $191K | $60K | 50x | as long as short |
| Nado EURUSD-PERPshort | +0.0102% | 1h | 1.1439 | −0.236% | $465K | $159K | 40x | |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1441 | −0.222% | $12K | — | 10x | as long as short |
| Gate EURUSD_USDT | +0.0200% | 8h | 1.1461 | −0.047% | $144K | $3K | 100x | as long as short |
| tradeXYZ xyz:EUR | +0.0243% | 1h | 1.1440 | −0.230% | $23.1M | $1.8M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0280% | 1h | 1.1444 | −0.195% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0448% | 1h | 1.1441 | −0.218% | $167K | $8.4M | 30x | as long as short |
| Bybit EURUSDUSDT | +0.2023% | 8h | 1.1473 | +0.055% | $603K | $322K | 100x | as long as short |
Pacifica EURUSD
Aevo EURUSD-PERP
Gate EURUSD_USDT
tradeXYZ xyz:EUR
Hotstuff EURUSD-PERP
Hibachi EUR/USDT-P
Bybit EURUSDUSDT