Funding you earn now, next payment 01:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.008%
Price spread now: Nado against Bybit−0.051%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$440.437% of the position
Funding, last 3 days (all we have)−0.094%−$9 on $10k
+Price spread, last 3 days (all we have)−0.094%−$9 · spread now −0.051%, 7d avg −0.030%
=Together, before fees−0.188%+ Points / potential airdropNado: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.021% cheaper against Bybit than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.030%). If the spread goes back, that is −$2 on $10k: about 2.5 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METAUSDT | 738.93 | 0 | get 0.0000% / 8h | 7h 35m | $7.6M | $13.9M | 100x |
| Short | Nado META-PERP | 738.56 | 0.0028 | get 0.0004% / 1h | 35m 27s | $373K | $344K | 20x |
Bybit METAUSDT
Nado META-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bybit. 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
- $5.96
- Price spread: −0.051% → −0.030%
- −$2.1
- Slippage, 4 orders
- −$25.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$39.85
- Costs to cover
- 0.437%
- Break-even
- 53.8 days
Slippage from Bybit: live order book, 3 min ago; Nado: live order book, 37 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 Bybit live order book, 3 min ago | 1.08 bp | 9.1 bp −$9 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell Nado live order book, 37 min ago | 0.41 bp | 10.5 bp −$11 | 34.8 bp −$348 | doesn't fit | doesn't fit |
META on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex METAUSDT | −0.0244% | 4h | 738.69 | −0.032% | $2.0M | $8K | 10x | as long as short |
| BloFin META-USDT | −0.0120% | 8h | 738.54 | −0.053% | $329K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 738.82 | −0.015% | $465K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 738.67 | −0.035% | $548K | $2.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 738.83 | −0.014% | $27.3M | $179.1M | 20x | as long as short |
| Bybit METAUSDTlong | 0.0000% | 8h | 738.93 | long leg | $7.6M | $13.9M | 100x | |
| OKX META-USDT-SWAP | 0.0000% | 8h | 738.88 | −0.007% | $6.0M | $13.2M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 738.58 | −0.047% | $351K | $5.6M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 738.77 | −0.022% | $5.6M | $11.1M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 738.79 | −0.019% | $2.3M | $3.3M | — | as long as short |
Phemex METAUSDT
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 738.15 | −0.105% | $12K | $479K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 739.09 | +0.022% | $616 | $9.3M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 738.58 | −0.047% | $30K | $247K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 738.70 | −0.031% | $106K | $292K | 30x | as long as short |
| Nado META-PERPshort | +0.0028% | 1h | 738.56 | −0.051% | $373K | $344K | 20x | |
| Lighter RH META | +0.0032% | 1h | 739.06 | +0.018% | $756K | $3.1M | 20x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 738.95 | +0.003% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 738.84 | −0.012% | $177K | $194K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 738.80 | −0.018% | $557K | $857K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 738.78 | −0.020% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 738.16 | −0.104% | $692K | $4.4M | 10x | as long as short |
| QFEX META-USD | +0.0055% | 1h | 738.98 | +0.007% | $2.2M | $14.2M | 10x | as long as short |
| Arcus META-USD | +0.0063% | 1h | 738.27 | −0.089% | $110K | $331K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0069% | 8h | 738.75 | −0.024% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0071% | 1h | 739.46 | +0.072% | $48K | $80K | 10x | as long as short |
| Hotstuff META-PERP | +0.0080% | 1h | 738.77 | −0.022% | $33K | $105 | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 738.86 | −0.009% | $1.6M | $426K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 738.44 | −0.066% | $165K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 738.86 | −0.009% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 738.64 | −0.039% | $266 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0144% | 1h | 738.49 | −0.060% | $604K | $7.3M | 10x | as long as short |
| tradeXYZ xyz:META | +0.0172% | 1h | 738.87 | −0.008% | $67.4M | $121.4M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 740.07 | +0.154% | $171K | $48K | 30x | as long as short |
| Phoenix META | +0.0259% | 1h | 738.15 | −0.106% | $277K | $930K | 20x | as long as short |
| Lighter META | +0.0272% | 1h | 739.15 | +0.030% | $851K | $2.5M | 20x | as long as short |
| edgeX METAUSDC | +0.0801% | 4h | 737.90 | −0.139% | $62K | $333K | 10x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Lighter RH META
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
QFEX META-USD
Arcus META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Hotstuff META-PERP
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
tradeXYZ xyz:META
Injective META/USDC PERP
Phoenix META
Lighter META
edgeX METAUSDC