Funding you earn now, next payment 22:00 UTC−0.0330%/8h= −36.1% APRnext payment −$0.41 per $10,000 · paid last 24h −0.044%
Price spread now: Nado against Injective+0.039%49s7-day average −0.334% · 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−$730.728% of the position
Funding, last 3 days (all we have)−0.270%−$27 on $10k
+Price spread, last 3 days (all we have)−0.343%−$34 · spread now +0.039%, 7d avg −0.334%
=Together, before fees−0.613%+ Points / potential airdropNado: Active · farm board−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.373% dearer against Injective than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.334%): +$37 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.8 days. 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 | Injective META/USDC PERP | 740.09 | 0.0220 | pay 0.0028% / 1h | 12m 22s | $168K | $46K | 30x |
| Short | Nado META-PERP | 740.38 | −0.0110 | pay 0.0014% / 1h | 12m 22s | $397K | $317K | 20x |
Injective META/USDC PERP
Nado META-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Injective. 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
- −$69.23
- Price spread: +0.039% → −0.334%
- $37.34
- Slippage, 4 orders
- −$65.81
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$104.72
- Costs to cover
- 0.728%
- Break-even
- never at this rate
Slippage from Injective: live order book, 11 min ago; Nado: live order book, 10 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 Injective live order book, 11 min ago | 16.80 bp | 16.8 bp −$17 | 9881.5 bp −$98.8K | doesn't fit | doesn't fit |
| Sell Nado live order book, 10 min ago | 0.47 bp | 13.6 bp −$14 | 28.0 bp −$280 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 740.40 | +0.042% | $329K | $1.1M | 20x | as long as short |
| Nado META-PERPshort | −0.0110% | 1h | 740.38 | +0.039% | $397K | $317K | 20x | |
| Hotstuff META-PERP | −0.0016% | 1h | 740.76 | +0.091% | $33K | $105 | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.96 | +0.118% | $457K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.42 | +0.044% | $548K | $1.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.48 | +0.053% | $26.9M | $177.5M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.40 | +0.042% | $7.4M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.22 | +0.018% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.14 | +0.007% | $318K | $5.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.43 | +0.046% | $5.8M | $11.0M | 100x | as long as short |
BloFin META-USDT
Hotstuff META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni META | 0.0000% | 8h | 740.42 | +0.045% | $1.6M | $2.5M | — | as long as short |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.31 | +0.030% | $12K | $525K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 740.86 | +0.104% | $1K | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 740.68 | +0.080% | $30K | $256K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.18 | +0.012% | $105K | $283K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.43 | +0.046% | $2.0M | $8K | 10x | as long as short |
| QFEX META-USD | +0.0012% | 1h | 740.36 | +0.036% | $2.2M | $14.2M | 10x | as long as short |
| Lighter META | +0.0032% | 1h | 740.72 | +0.085% | $860K | $2.6M | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.73 | +0.086% | $740K | $3.2M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 740.27 | +0.024% | $263K | $313K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 740.95 | +0.116% | — | $9K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.42 | +0.045% | $177K | $200K | 20x | as long as short |
| tradeXYZ xyz:META | +0.0050% | 1h | 740.71 | +0.084% | $68.5M | $120.5M | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.64 | +0.074% | $541K | $840K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.37 | +0.038% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.13 | +0.005% | $641K | $4.0M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0050% | 8h | 740.36 | +0.037% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0053% | 1h | 740.98 | +0.120% | $45K | $61K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0080% | 1h | 740.26 | +0.023% | $607K | $7.3M | 10x | as long as short |
| Phoenix META | +0.0097% | 1h | 740.50 | +0.055% | $291K | $782K | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.44 | +0.047% | $1.6M | $353K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 740.32 | +0.031% | $166K | $73K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.46 | +0.050% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.37 | +0.038% | $267 | — | 10x | as long as short |
| Injective META/USDC PERPlong | +0.0220% | 1h | 740.09 | long leg | $168K | $46K | 30x | |
| edgeX METAUSDC | +0.0274% | 4h | 740.35 | +0.036% | $62K | $331K | 10x | as long as short |
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Lighter META
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
tradeXYZ xyz:META
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Phoenix META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
edgeX METAUSDC