Funding you earn now, next payment 12:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.065%
Price spread now: Injective against Nado+0.351%49s7-day average +0.310% · 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−$390.389% of the position
Funding, last 4 days (all we have)+0.311%+$31 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.351%, 7d avg +0.310%
=Together, before fees+0.159%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.041% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.310%. 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 META-PERP | 738.10 | 0.0081 | pay 0.0010% / 1h | 48m 11s | $473K | $536K | 20x |
| Short | Injective META/USDC PERP | 740.69 | 0.0220 | get 0.0028% / 1h | 48m 11s | $167K | $61K | 30x |
Nado META-PERP
Injective META/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
- $29.14
- Price spread: +0.351% → +0.310%
- $4.09
- Slippage, 4 orders
- −$31.84
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$5.64
- Costs to cover
- 0.389%
- Break-even
- 8.4 days
Slippage from Nado: live order book, 58 min ago; Injective: live order book, 58 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, 58 min ago | 0.54 bp | 10.3 bp −$10 | 38.1 bp −$381 | doesn't fit | doesn't fit |
| Sell Injective live order book, 58 min ago | 9.99 bp | 10.0 bp −$10 | 10.0 bp −$100 | doesn't fit | doesn't fit |
META on 37 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 META-PERP | −0.1600% | 1h | 738.73 | +0.085% | $33K | $105 | 20x | as long as short |
| BloFin META-USDT | −0.0120% | 8h | 738.31 | +0.028% | $339K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 738.20 | +0.014% | $491K | $644K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 738.17 | +0.009% | $547K | $3.3M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 738.48 | +0.051% | $25.2M | $192.4M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 738.46 | +0.049% | $7.4M | $16.3M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 738.72 | +0.084% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 738.16 | +0.008% | $494K | $6.3M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 738.47 | +0.050% | $5.9M | $12.3M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 738.31 | +0.028% | $2.6M | $3.1M | — | as long as short |
Hotstuff META-PERP
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 738.66 | +0.076% | $12K | $422K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 738.52 | +0.057% | $751 | $6.7M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 737.91 | −0.026% | $36K | $209K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 738.30 | +0.027% | $108K | $309K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 738.64 | +0.073% | $2.0M | $9K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 738.61 | +0.069% | $854K | $2.8M | 20x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 738.58 | +0.065% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 738.28 | +0.024% | $177K | $200K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 738.05 | −0.007% | $556K | $590K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 738.44 | +0.046% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 737.60 | −0.068% | $753K | $5.1M | 10x | as long as short |
| QFEX META-USD | +0.0056% | 1h | 738.29 | +0.026% | $2.2M | $14.0M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0067% | 8h | 738.20 | +0.013% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0080% | 1h | 739.13 | +0.140% | $53K | $85K | 10x | as long as short |
| Nado META-PERPlong | +0.0081% | 1h | 738.10 | long leg | $473K | $536K | 20x | |
| Coinbase International META-PERP-INTX | +0.0088% | 1h | 738.14 | +0.005% | $670K | $7.4M | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 737.97 | −0.018% | $611 | $3K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 738.54 | +0.059% | $1.6M | $937K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 737.86 | −0.033% | $165K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 738.33 | +0.031% | $1K | $338 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 737.98 | −0.016% | $266 | — | 10x | as long as short |
| Arcus META-USD | +0.0209% | 1h | 738.00 | −0.014% | $110K | $292K | 10x | as long as short |
| Injective META/USDC PERPshort | +0.0220% | 1h | 740.69 | +0.351% | $167K | $61K | 30x | |
| tradeXYZ xyz:META | +0.0276% | 1h | 738.44 | +0.046% | $86.8M | $136.2M | 20x | as long as short |
| Lighter META | +0.0312% | 1h | 738.63 | +0.072% | $1.2M | $2.6M | 20x | as long as short |
| Phoenix META | +0.0626% | 1h | 739.51 | +0.191% | $790K | $1.6M | 20x | as long as short |
| edgeX METAUSDC | +0.0757% | 4h | 738.57 | +0.064% | $62K | $350K | 10x | as long as short |
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
QFEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Arcus META-USD
tradeXYZ xyz:META
Lighter META
Phoenix META
edgeX METAUSDC