Funding you earn now, next payment 11:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.009%
Price spread now: Injective against Nado−0.040%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. Injective is 0.040% cheaper against Nado than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 45 hours 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 | Nado EURUSD-PERP | 1.1471 | −0.0039 | get 0.0005% / 1h | 7m 40s | $191K | $293K | 40x |
| Short | Injective EURUSD/USDC PERP | 1.1466 | 0.0033 | get 0.0004% / 1h | 7m 40s | $9K | $78K | 101x |
Nado EURUSD-PERP
Injective EURUSD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $15.15
- Price spread: −0.040% → 0.000%
- −$4.03
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $9.7
- Costs to cover
- 0.014%
- Break-even
- 2.5 days
Slippage unknown: Nado: live order book, 38 min ago; Injective: no order-book sample. 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 Nado live order book, 38 min ago | 1.13 bp | 2.8 bp −$3 | 3.7 bp −$37 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff EURUSD-PERP | −0.0800% | 1h | 1.1470 | −0.009% | $33K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0154% | 4h | 1.1468 | −0.026% | $6.8M | $147K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0111% | 1h | 1.1463 | −0.071% | $3K | — | 50x | as long as short |
| Nado EURUSD-PERPlong | −0.0039% | 1h | 1.1471 | long leg | $191K | $293K | 40x | |
| Lighter EURUSD | 0.0000% | 1h | 1.1475 | +0.035% | $2.1M | $507K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1484 | +0.115% | $625K | $351K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1471 | 0.000% | $144K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1471 | 0.000% | $263K | $27K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1467 | −0.035% | $247K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1471 | 0.000% | — | $1.6M | 10x | as long as short |
Hotstuff EURUSD-PERP
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1476 | +0.043% | $12K | $272K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1467 | −0.036% | $6.8M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERPshort | +0.0033% | 1h | 1.1466 | −0.040% | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1499 | +0.246% | — | $190K | 100x | as long as short |
| tradeXYZ xyz:EUR | +0.0070% | 1h | 1.1471 | 0.000% | $23.2M | $1.7M | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1468 | −0.030% | $196K | $64K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1471 | +0.001% | $12K | — | 10x | as long as short |
| Hibachi EUR/USDT-P | +0.0288% | 1h | 1.1468 | −0.028% | $190K | $8.3M | 30x | as long as short |
HTX EURUSD-USDT
Extended EUR-USD
Vest EUR-USD-PERP
tradeXYZ xyz:EUR
Pacifica EURUSD
Aevo EURUSD-PERP
Hibachi EUR/USDT-P