Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG642.01+0.0048pay 0.0006% / 1h27m 33s$260K$53K20xLong Nado20% off
SHORT640.68+0.0610get 0.0076% / 1h27m 33s$272K$31K20xShort Kraken Futures
Price gap−0.206%
Funding gap+0.0562% /8h

Funding pays +$17 a day on $10k, but the gap is 0.093% under its 7d average: −$9 if it goes back, about 13 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$61+0.0562% /8h now · paid +0.605% over the last 7D
Price−$9spread −0.206% now, avg −0.113% → −0.093% if it goes back
Costs−$460.456% of $10k · taker + slippage, in and out
Result+$6+0.06%+ Points / potential airdropNado: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.206%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

META on 44 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size5.7 / 19.2 bp
    At $10k entering Kraken Futures costs 19.2 bp, fee and slippage, 3.4× Nado’s.
  • Note: Margin at max leverage$500 + $500
    Nado 20x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$16.85Long Nado: 24 payments, −$1.43; short Kraken Futures: 24 payments, +$18.29.
  • Watch: Gap narrower than usual−0.206% vs −0.113%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$260K vs $272K OI
    Nado sets your exit cost. Check its book before closing.
  • OK: Points on a legNado points
    Volume here counts toward the points program.
  • Watch: KYCNado No · Kraken Futures Yes
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0288%/8h × 21 periods+$60.53
Price spread−0.206% → −0.113% (7d avg)−$9.30
Slippage, 4 orderslive order books−$28.56
Fee Nado bp × 2 orders−$7.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k+$5.68
Costs to cover0.456%Break-even6.3 days
Slippage: Nado: live order book, 45 min ago; Kraken Futures: live order book, 44 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGNado0.395.7 bp−$620.6 bp−$206doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures4.0619.2 bp−$1960.8 bp−$608doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

META news

posts that mention META or Meta Platforms, from every exchangeSearch all news →
10-23 12:16SoDEXPoints🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗
10-23 12:15SoDEXPoints🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗
10-23 08:35PhemexOther$META beat on revenue. Then spent its way to −7%. Wall Street's closed. We're not. Buy the beat 🟢 or fade the spend 🔴? 👇 @Phemex_official on X ↗
10-22 22:57InjectiveTokenThe second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
10-22 13:30Vest MarketsOtherTrade $META post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗
10-22 13:30Vest MarketsOther$META reported Q3 revenue of $64.60B, up 26% YoY, versus the $63.3B expected, with GAAP EPS of $3.83. At the open, $META is down close to 3%, with the $73B-$76B Q4 revenue outlook weighed against the $175B-$179B 2026 expense outlook. → Revenue: $64.60B vs. $63.3B consensus, versus Meta's $61B-$64B outlook → EPS: $3.83 GAAP vs. $3.57 expected, or $7.40 excluding a $9.89B legal charge → Capex: $34.91B, versus $31.08B in Q2 → Q4 revenue outlook: $73B-$76B $META also plans non-voting Class C stock from January 19, 2027, with a dividend expected to work as a 2-for-1 split and no change to shareholder voting power. @VestExchange on X ↗