META

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.020%

Price spread now: Polymarket Perps against Nado+0.094%7-day average +0.010% · 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−$31as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on Nado Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.154%+$15 on $10k

Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.094%, 7d avg +0.010%

Together, before fees+0.086%+ Points / potential airdropNado: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.084% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado META-PERP	744.31	0.0011	pay 0.0001% / 1h	0m 11s	$478K	$559K	20x
Short	Polymarket Perps META-USD	745.01	0.0050	get 0.0006% / 1h	0m 11s	$567K	$614K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee Polymarket PerpsbpOrdersPrice spread, now +0.094%Rate

Funding earned: $8.12
Price spread: +0.094% → +0.010%: $8.39
Slippage, 4 orders: −$24.7
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$23.2
Costs to cover: 0.397%
Break-even: 27.0 days

Slippage from Nado: live order book, 33 min ago; Polymarket Perps: live order book, 18 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, 33 min ago	0.74 bp	9.1 bp −$9	42.2 bp −$422	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 18 min ago	3.97 bp	9.9 bp −$10	10.5 bp −$105	doesn't fit	doesn't fit

META on 37 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	744.81	+0.067%	$334K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	744.80	+0.066%	$490K	$623K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	745.14	+0.112%	$546K	$3.4M	17x	as long as short
Binance METAUSDT	0.0000%	8h	745.45	+0.153%	$25.9M	$191.9M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	745.79	+0.199%	$7.7M	$15.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	745.70	+0.187%	$6.1M	$12.9M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.87	+0.075%	$447K	$6.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	745.45	+0.153%	$5.8M	$12.2M	100x	as long as short
Variational Omni META	0.0000%	8h	744.66	+0.047%	$2.5M	$3.0M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.10	+0.106%	$12K	$437K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	744.95	+0.086%	$927	$7.6M	20x	as long as short
HTX META-USDT	0.0000%	8h	745.31	+0.135%	$108K	$300K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.52	+0.163%	$2.0M	$8K	10x	as long as short
Nado META-PERPlong	+0.0011%	1h	744.31	long leg	$478K	$559K	20x
Lighter RH META	+0.0032%	1h	745.54	+0.165%	$799K	$3.0M	20x	as long as short
QFEX META-USD	+0.0036%	1h	744.63	+0.043%	$2.2M	$14.1M	10x	as long as short
Arcus META-USD	+0.0040%	1h	744.35	+0.006%	$111K	$333K	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	745.28	+0.131%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	744.89	+0.078%	$179K	$204K	20x	as long as short
Polymarket Perps META-USDshort	+0.0050%	1h	745.01	+0.094%	$567K	$614K	10x
SoDEX META-USD	+0.0050%	1h	744.83	+0.070%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.67	+0.049%	$719K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0060%	8h	744.71	+0.053%	—	—	5x	as long as short
Aftermath Perps METAUSD	+0.0077%	1h	745.66	+0.181%	$51K	$91K	10x	as long as short
Pacifica META	+0.0100%	1h	744.00	−0.042%	$612	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	744.93	+0.084%	$1.6M	$798K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.32	+0.002%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	745.37	+0.143%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	745.03	+0.097%	$268	—	10x	as long as short
Coinbase International META-PERP-INTX	+0.0120%	1h	744.09	−0.029%	$640K	$7.8M	10x	as long as short
Deribit META_USDC-PERPETUAL	+0.0153%	1h	745.14	+0.112%	$36K	$269K	10x	as long as short
Hotstuff META-PERP	+0.0216%	1h	744.79	+0.065%	$33K	$105	20x	as long as short
Injective META/USDC PERP	+0.0220%	1h	744.78	+0.063%	$176K	$52K	30x	as long as short
Lighter META	+0.0296%	1h	745.70	+0.187%	$1.2M	$2.9M	20x	as long as short
tradeXYZ xyz:META	+0.0305%	1h	745.44	+0.152%	$86.2M	$134.6M	20x	as long as short
edgeX METAUSDC	+0.0510%	4h	745.00	+0.093%	$63K	$348K	10x	as long as short
Phoenix META	+0.0791%	1h	745.86	+0.208%	$796K	$1.5M	20x	as long as short