Funding you earn now, next payment 00:00 UTC−0.0241%/8h= −26.4% APRnext payment −$0.30 per $10,000 · paid last 24h −0.024%
Price spread now: Polymarket Perps against Nado+0.061%7-day average −0.060% · 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−$14as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 3 days (all we have)−0.015%−$1 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now +0.061%, 7d avg −0.060%
=Together, before fees−0.161%+ Points / potential airdropNado: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.121% dearer against Nado than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.060%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 3 days (−0.015% in total) that is about 26 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.015% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SPCX-PERP | 152.80 | 0.0291 | pay 0.0036% / 1h | 25m 45s | $602K | $884K | 20x |
| Short | Polymarket Perps SPCX-USD | 152.89 | 0.0050 | get 0.0006% / 1h | 25m 45s | $489K | $1.1M | 10x |
Nado SPCX-PERP
Polymarket Perps SPCX-USDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.56
- Price spread: +0.061% → −0.060%
- $12.08
- Slippage, 4 orders
- −$11.44
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$64.92
- Costs to cover
- 0.264%
- Break-even
- never at this rate
Slippage from Nado: live order book, 53 min ago; Polymarket Perps: live order book, 2 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, 53 min ago | 0.33 bp | 5.5 bp −$6 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 1.63 bp | 5.6 bp −$6 | 8.1 bp −$81 | 9.9 bp −$991 | doesn't fit |
SPCX on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SPCX/USD [ETH-USDC] | L −0.0275% / S +0.0490% | 1h | 152.91 | +0.070% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.92 | +0.080% | $96.6M | $31.4M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.51 | +12.901% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.81 | +0.008% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.10 | +0.198% | $8K | $972K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.91 | +0.074% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0032% | 1h | 152.82 | +0.015% | $7K | $10K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.85 | +0.034% | $2.5M | $7.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.914% | $9K | $27K | 5.5x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.90 | +0.067% | $105K | $297K | 5x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERP
Arcus SPCX-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.88 | +0.054% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USDshort | +0.0050% | 1h | 152.89 | +0.061% | $489K | $1.1M | 10x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.92 | +0.080% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.87 | +0.047% | $536K | $409K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.72 | −0.051% | $3.2M | $2.8M | 10x | as long as short |
| QFEX SPCX-USD | +0.0052% | 1h | 152.88 | +0.054% | $1.2M | $7.6M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0074% | 8h | 152.92 | +0.080% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0080% | 1h | 152.89 | +0.061% | $1.6M | $7.4M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0088% | 8h | 152.90 | +0.066% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.83 | +0.021% | $173K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.82 | +0.015% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.92 | +0.080% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.93 | +0.087% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.94 | +0.095% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0132% | 1h | 152.94 | +0.093% | $11K | $188K | 10x | as long as short |
| Bybit SPCXUSDT | +0.0149% | 8h | 152.92 | +0.080% | $30.7M | $42.8M | 100x | as long as short |
| Variational Omni SPCX | +0.0173% | 8h | 152.92 | +0.078% | $6.0M | $3.5M | — | as long as short |
| Extended SPCX-USD | +0.0192% | 1h | 152.92 | +0.082% | $734K | $3.6M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0193% | 8h | 152.92 | +0.080% | $39.0M | $169.4M | 75x | as long as short |
| Binance SPCXUSDT | +0.0195% | 8h | 152.93 | +0.087% | $253.2M | $1.39B | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0257% | 1h | 152.86 | +0.041% | $143.4M | $119.4M | 20x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.82 | +0.015% | $445K | $269K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.97 | +0.113% | $733K | $970K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0289% | 8h | 153.01 | +0.139% | $19.0M | $21.3M | 20x | as long as short |
| Nado SPCX-PERPlong | +0.0291% | 1h | 152.80 | long leg | $602K | $884K | 20x | |
| Bitget SPCXUSDT | +0.0308% | 8h | 152.92 | +0.080% | $31.2M | $67.2M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0339% | 1h | 152.96 | +0.107% | $403K | $539K | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0470% | 1h | 152.92 | +0.080% | $71K | $1.0M | 10x | as long as short |
| edgeX SPCXUSDC | +0.0807% | 4h | 152.87 | +0.049% | $1.7M | $891K | 20x | as long as short |
Vest SPCX-USD-PERP
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
BloFin SPCX-USDT
Lighter SPCX
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Bullet SPCX-USD
Bybit SPCXUSDT
Variational Omni SPCX
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
tradeXYZ xyz:SPCX
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Bitget SPCXUSDT
RISEx SPCX/USDC
Deribit SPCX_USDC-PERPETUAL
edgeX SPCXUSDC