Funding you earn now, next payment 06:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against Kraken Futures+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.025% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EURUSD | 1.1473 | −0.0132 | get 0.0017% / 1h | 10m 41s | $3K | — | 50x |
| Short | Nado EURUSD-PERP | 1.1475 | 0.0057 | get 0.0007% / 1h | 10m 41s | $467K | $153K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. 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
- $39.64
- Price spread: +0.025% → 0.000%
- $2.46
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- $30.7
- Costs to cover
- 0.114%
- Break-even
- 1.6 days
Slippage unknown: Kraken Futures: no order-book sample; Nado: live order book, 37 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 37 min ago | 1.18 bp | 2.0 bp −$2 | 2.8 bp −$28 | doesn't fit | doesn't fit |
Kraken Futures: 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 | −0.0164% | 4h | 1.1477 | +0.038% | $6.8M | $135K | 100x | as long as short |
| Kraken Futures PF_EURUSDlong | −0.0132% | 1h | 1.1473 | long leg | $3K | — | 50x | |
| Lighter EURUSD | 0.0000% | 1h | 1.1484 | +0.104% | $2.2M | $432K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1480 | +0.061% | $579K | $312K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1477 | +0.038% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1476 | +0.030% | $261K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1472 | −0.005% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1480 | +0.065% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1481 | +0.073% | $13K | $263K | 20x | as long as short |
| Hibachi EUR/USDT-P | +0.0008% | 1h | 1.1476 | +0.025% | $197K | $8.3M | 30x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EUR-USD | +0.0032% | 1h | 1.1472 | −0.006% | $6.8M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.054% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1504 | +0.273% | — | $264K | 100x | as long as short |
| Nado EURUSD-PERPshort | +0.0057% | 1h | 1.1475 | +0.025% | $467K | $153K | 40x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1477 | +0.038% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1482 | +0.084% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0120% | 1h | 1.1481 | +0.073% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0136% | 1h | 1.1481 | +0.073% | $23.3M | $1.6M | 50x | as long as short |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Pacifica EURUSD
tradeXYZ xyz:EUR