Funding you earn now, next payment 07:00 UTC+0.0157%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.012%
Price spread now: Lighter against Nado+0.107%107s7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$110.107% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.107%, 7d avg +0.083%
=Together, before fees−0.039%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.024% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.083%. The two prices were read 107 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 | 1.1466 | 0.0107 | pay 0.0013% / 1h | 40m 45s | $467K | $154K | 40x |
| Short | Lighter EURUSD | 1.1479 | 0.0264 | get 0.0033% / 1h | 40m 45s | $2.2M | $408K | 50x |
Nado EURUSD-PERP
Lighter EURUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $32.89
- Price spread: +0.107% → +0.083%
- $2.42
- Slippage, 4 orders
- −$9.27
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $24.64
- Costs to cover
- 0.107%
- Break-even
- 1.8 days
Slippage from Nado: live order book, 2 min ago; Lighter: live order book, 6 min ago.
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, 2 min ago | 0.92 bp | 3.4 bp −$3 | 4.3 bp −$43 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.04 bp | 5.5 bp −$5 | 10.0 bp −$100 | 47.5 bp −$4,752 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0228% | 1h | 1.1466 | −0.004% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0198% | 4h | 1.1469 | +0.023% | $6.8M | $134K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1486 | +0.171% | $579K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1478 | +0.102% | $144K | $6K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1476 | +0.084% | $261K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1463 | −0.029% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1474 | +0.067% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1474 | +0.067% | $12K | $266K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1462 | −0.035% | $6.8M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | +0.001% | $9K | $78K | 101x | as long as short |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1495 | +0.250% | — | $241K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1469 | +0.023% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1476 | +0.085% | $12K | — | 10x | as long as short |
| Nado EURUSD-PERPlong | +0.0107% | 1h | 1.1466 | long leg | $467K | $154K | 40x | |
| tradeXYZ xyz:EUR | +0.0236% | 1h | 1.1474 | +0.067% | $23.2M | $1.6M | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0248% | 1h | 1.1466 | +0.001% | $183K | $8.3M | 30x | as long as short |
| Hotstuff EURUSD-PERP | +0.0256% | 1h | 1.1473 | +0.058% | $33K | — | 50x | as long as short |
| Lighter EURUSDshort | +0.0264% | 1h | 1.1479 | +0.107% | $2.2M | $408K | 50x |
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR
Hibachi EUR/USDT-P
Hotstuff EURUSD-PERP