Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h +0.053%
Price spread now: Orderly against Nado−0.015%7-day average +0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.329%+$33 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now −0.015%, 7d avg +0.026%
=Together, before fees+0.330%+ Points / potential airdropNado: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.041% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.026%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.329%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado EURUSD-PERP | 1.1466 | 0.0009 | pay 0.0001% / 1h | 17m 56s | $466K | $265K | 40x |
| Short | Orderly PERP_EURUSD_USDC | 1.1464 | 0 | get 0.0000% / 8h | 17m 56s | $198K | $111K | 50x |
Nado EURUSD-PERP
Orderly PERP_EURUSD_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$1.97
- Price spread: −0.015% → +0.026%
- −$4.06
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.43
- Costs to cover
- 0.074%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 60 min ago; Orderly: 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, 60 min ago | 1.57 bp | 2.6 bp −$3 | 3.3 bp −$33 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0132% | 4h | 1.1466 | +0.003% | $6.8M | $153K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0095% | 1h | 1.1463 | −0.020% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1472 | +0.053% | $584K | $279K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1482 | +0.142% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | +0.055% | $250K | $26K | 100x | as long as short |
| Orderly PERP_EURUSD_USDCshort | 0.0000% | 8h | 1.1464 | −0.015% | $198K | $111K | 50x | |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1472 | +0.055% | — | $2.6M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1470 | +0.038% | $13K | $258K | 20x | as long as short |
| Nado EURUSD-PERPlong | +0.0009% | 1h | 1.1466 | long leg | $466K | $265K | 40x | |
| Lighter EURUSD | +0.0016% | 1h | 1.1476 | +0.087% | $2.1M | $534K | 50x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Lighter EURUSDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EUR-USD | +0.0032% | 1h | 1.1464 | −0.017% | $6.7M | $1.8M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1470 | +0.041% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1495 | +0.258% | — | $287K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1464 | −0.013% | $190K | $146K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1475 | +0.079% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0112% | 1h | 1.1473 | +0.064% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0187% | 1h | 1.1471 | +0.046% | $23.2M | $2.4M | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0200% | 1h | 1.1467 | +0.009% | $170K | $8.4M | 30x | as long as short |
Extended EUR-USD
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
tradeXYZ xyz:EUR
Hibachi EUR/USDT-P