Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: SoDEX against Nado+0.017%7-day average 0.000% · 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−$150.152% of the position
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.017%, 7d avg 0.000%
=Together, before fees−0.023%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BTC-PERP | 85,316.7 | 0.0100 | pay 0.0012% / 1h | 55m 11s | $24.1M | $219.5M | 50x |
| Short | SoDEX BTC-USD | 85,331 | 0.0100 | get 0.0013% / 1h | 55m 11s | $59.7M | $336.6M | 40x |
Nado BTC-PERP
SoDEX BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $0
- Price spread: +0.017% → 0.000%
- $1.71
- Slippage, 4 orders
- −$0.24
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$13.53
- Costs to cover
- 0.152%
- Break-even
- 1390095333849637.0 days
Slippage from Nado: live order book, 4 min ago; SoDEX: live order book, 4 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, 4 min ago | 0.06 bp | 3.6 bp −$4 | 3.6 bp −$36 | 4.4 bp −$439 | 9.5 bp −$4,744 |
| Sell SoDEX live order book, 4 min ago | 0.06 bp | 4.1 bp −$4 | 4.1 bp −$41 | 5.1 bp −$514 | 45.6 bp −$22.8K |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,409 | +0.108% | $2.3M | $10.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,343 | +0.031% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0030% | 8h | 85,305 | −0.014% | $927.8M | $773.0M | 125x | as long as short |
| BloFin BTC-USDT | −0.0024% | 8h | 85,331 | +0.017% | $421.4M | $681.0M | 150x | as long as short |
| Aster BTCUSDT | −0.0005% | 8h | 85,322.1 | +0.006% | $512.2M | $1.08B | 200x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,339.5 | +0.027% | $16.7M | $21.0M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,327.6 | +0.013% | $492K | $18.3M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,330.9 | +0.017% | $36.5M | — | 200x | as long as short |
| 01 Exchange BTCUSD | +0.0024% | 1h | 85,309.4 | −0.008% | $351K | $2.4M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0026% | 1h | 85,343.5 | +0.031% | $185.5M | $951.7M | 100x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
dYdX BTC-USD
Perpl BTC
gTrade (Gains Network) BTC/USD
01 Exchange BTCUSD
Kraken Futures PF_XBTUSDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni BTCUSDT | +0.0030% | 1h | 85,327.1 | +0.012% | $139.5M | $313.0M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0048% | 1h | 85,360.5 | +0.051% | $846.1M | $1.65B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0067% | 1h | 85,367 | +0.059% | $338K | $24.6M | 52x | as long as short |
| BingX BTC-USDC | +0.0071% | 8h | 85,295.3 | −0.025% | — | $17.4M | — | as long as short |
| Bybit BTCUSDT | +0.0087% | 8h | 85,340.6 | +0.028% | $5.14B | $9.98B | 150x | as long as short |
| Bitget BTCUSDT | +0.0091% | 8h | 85,321.7 | +0.006% | $2.96B | $5.16B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,333.1 | +0.019% | $169.3M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,331.7 | +0.018% | $23.6M | $147.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,300 | −0.020% | $8.4M | $57.2M | 100x | as long as short |
| MEXC BTC_USDT | +0.0096% | 8h | 85,319.2 | +0.003% | $5.03B | $5.71B | 500x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,316.2 | 0.000% | $2.4M | $6.7M | 20x | as long as short |
| Binance BTCUSDT | +0.0096% | 8h | 85,333.1 | +0.019% | $9.41B | $24.96B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,280 | −0.043% | $271K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,333.7 | +0.020% | $5.8M | $9.5M | 50x | as long as short |
| Nado BTC-PERPlong | +0.0100% | 1h | 85,316.7 | long leg | $24.1M | $219.5M | 50x | |
| Hyperliquid BTC | +0.0100% | 1h | 85,391 | +0.087% | $3.74B | $5.06B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,317 | 0.000% | $39.9M | $605.4M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,350 | +0.039% | $2.59B | $12.19B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,286 | −0.036% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,300.2 | −0.019% | $5.1M | $96.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,324.1 | +0.009% | $690.8M | $302.3M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,324 | +0.009% | $5.53B | $10.98B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,320.4 | +0.004% | $37.2M | $183.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,296 | −0.024% | $156.1M | $556.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,321.4 | +0.006% | $279.5M | $951.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,336.7 | +0.024% | $214.2M | $158.7M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,329.4 | +0.015% | $30.1M | $208.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,377.4 | +0.071% | — | $9.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,314 | −0.003% | $11.0M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,322.6 | +0.007% | $197K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,327.4 | +0.013% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,357.2 | +0.048% | $194K | $795K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,340 | +0.027% | $30.0M | $46.2M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,322.3 | +0.007% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USDshort | +0.0100% | 1h | 85,331 | +0.017% | $59.7M | $336.6M | 40x | |
| HTX BTC-USDT | +0.0100% | 8h | 85,315.5 | −0.001% | $2.26B | $964.2M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,338.2 | +0.025% | $157.3M | $512.9M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,298.5 | −0.021% | $45.5M | $240.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,290 | −0.031% | — | $104.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,359.7 | +0.050% | $112.9M | $5.47B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0136% | 1h | 85,304.2 | −0.015% | $6.6M | $146.8M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0171% | 8h | 85,333 | +0.019% | $12.0M | $738.0M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,322.8 | +0.007% | $8.8M | $42.7M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0147% | 1h | 85,336.8 | +0.024% | $13.0M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,371.2 | +0.064% | $684K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0287% | 1h | 85,370.4 | +0.063% | $79K | $247K | 20x | as long as short |
ApeX Omni BTCUSDT
Deribit BTC-PERPETUAL
Injective BTC/USDC PERP
BingX BTC-USDC
Bybit BTCUSDT
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD