Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.009%
Price spread now: Nado against BingX−0.017%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.175% of the position
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETH-USDT | 2,731.2 | 0.0059 | pay 0.0059% / 8h | 4h 40m | — | $1.14B | — |
| Short | Nado ETH-PERP | 2,730.7 | 0.0100 | get 0.0012% / 1h | 40m 31s | $13.8M | $104.3M | 50x |
BingX ETH-USDT
Nado ETH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. 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
- $8.61
- Price spread: −0.017% → 0.000%
- −$1.74
- Slippage, 4 orders
- −$0.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$10.63
- Costs to cover
- 0.175%
- Break-even
- 15.6 days
Slippage from BingX: live order book, 14 min ago; Nado: 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 BingX live order book, 14 min ago | 0.04 bp | 5.1 bp −$5 | 5.1 bp −$51 | 5.4 bp −$541 | 6.2 bp −$3,076 |
| Sell Nado live order book, 4 min ago | 0.18 bp | 3.7 bp −$4 | 3.7 bp −$37 | 5.6 bp −$557 | 13.0 bp −$6,495 |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,731.9 | +0.025% | $298K | $5.6M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0141% | 1h | 2,728.7 | −0.091% | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,732.1 | +0.034% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,730.6 | −0.022% | $11.9M | — | 200x | as long as short |
| ApeX Omni ETHUSDT | −0.0005% | 1h | 2,729.9 | −0.049% | $8.9M | $31.3M | 100x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,731.3 | +0.003% | $10.7M | $41.7M | 50x | as long as short |
| 01 Exchange ETHUSD | 0.0000% | 1h | 2,731.8 | +0.023% | $188K | $842K | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,728.8 | −0.087% | $832K | $2.9M | 25x | as long as short |
| Bullet ETH-USD | +0.0005% | 1h | 2,730.5 | −0.026% | $180K | $1.7M | 20x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,731.1 | −0.002% | $26.2M | — | 200x | as long as short |
Perpl ETH
Injective ETH/USDC PERP
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
ApeX Omni ETHUSDT
dYdX ETH-USD
01 Exchange ETHUSD
Phoenix ETH
Bullet ETH-USD
gTrade (Gains Network) ETH/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ETH-USD | +0.0058% | 1h | 2,730.2 | −0.036% | $54.4M | $187.6M | 40x | as long as short |
| BingX ETH-USDTlong | +0.0059% | 8h | 2,731.2 | long leg | — | $1.14B | — | |
| KuCoin ETHUSDTM | +0.0069% | 8h | 2,730.7 | −0.016% | $380.4M | $576.2M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0072% | 8h | 2,730.6 | −0.021% | $1.67B | $10.71B | 100x | as long as short |
| HTX ETH-USDT | +0.0080% | 8h | 2,729.7 | −0.055% | $1.05B | $1.20B | 200x | as long as short |
| Aster ETHUSDT | +0.0080% | 8h | 2,731.5 | +0.010% | $251.5M | $844.2M | 200x | as long as short |
| Bybit ETHUSDT | +0.0086% | 8h | 2,730.9 | −0.009% | $2.39B | $4.34B | 150x | as long as short |
| MEXC ETH_USDT | +0.0088% | 8h | 2,730.8 | −0.015% | $1.52B | $2.55B | 500x | as long as short |
| Aevo ETH-PERP | +0.0088% | 1h | 2,727.8 | −0.124% | $4.9M | $155K | 20x | as long as short |
| Binance ETHUSDT | +0.0088% | 8h | 2,731.5 | +0.011% | $6.35B | $15.86B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,732.1 | +0.033% | $112.1M | $435.9M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,732.9 | +0.064% | $23.3M | $105.8M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,730.2 | −0.035% | — | $30.6M | 500x | as long as short |
| Paradex ETH-USD-PERP | +0.0098% | 8h | 2,734.8 | +0.131% | $15.6M | $8.0M | 50x | as long as short |
| RISEx ETH/USDC | +0.0099% | 1h | 2,732.1 | +0.035% | $5.6M | $11.5M | 25x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,731 | −0.007% | $500K | $3.2M | 50x | as long as short |
| Nado ETH-PERPshort | +0.0100% | 1h | 2,730.7 | −0.017% | $13.8M | $104.3M | 50x | |
| Hyperliquid ETH | +0.0100% | 1h | 2,733.2 | +0.074% | $3.10B | $2.06B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,732.8 | +0.059% | $31.6M | $333.8M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,731.7 | +0.019% | $2.7M | $17.0M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,732.2 | +0.038% | $2.8M | $16.2M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,731.6 | +0.015% | $3.34B | $8.83B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,730.6 | −0.022% | $2.07B | $2.75B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,730.2 | −0.034% | $15.0M | $39.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,729.3 | −0.070% | $133.2M | $325.2M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,730.8 | −0.014% | $183.7M | $669.7M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,730.7 | −0.019% | $158.9M | $86.4M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,729.7 | −0.054% | $21.1M | $69.2M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,731.6 | +0.017% | — | $843K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,732.4 | +0.045% | $11.2M | $9.1M | 50x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,731.9 | +0.026% | $41.2M | $29.7M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,729.1 | −0.078% | $957K | $11.4M | 100x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,730.4 | −0.030% | $265.4M | $65.5M | 150x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,730.9 | −0.010% | $166.8M | $318.0M | 25x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,730.4 | −0.028% | $30.4M | $72.7M | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.0105% | 1h | 2,731.7 | +0.018% | $260.1M | $196.7M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,731.8 | +0.022% | $51.5M | $4.26B | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0124% | 1h | 2,731.7 | +0.018% | $30K | $20K | 20x | as long as short |
| Kalshi KXETHPERP | +0.0150% | 8h | 2,729.8 | −0.051% | $6.5M | $677.7M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0193% | 8h | 2,732.8 | +0.058% | $32.1M | $11.6M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0222% | 1h | 2,731 | −0.007% | $84.2M | $314.0M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0222% | 1h | 2,730 | −0.043% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0248% | 1h | 2,731.5 | +0.013% | $253K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0354% | 8h | 2,730.3 | −0.033% | $282.9M | $174.9M | 150x | as long as short |
| Bluefin ETH-PERP | +0.0360% | 1h | 2,731.1 | −0.002% | $21K | $20K | 25x | as long as short |
SoDEX ETH-USD
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
HTX ETH-USDT
Aster ETHUSDT
Bybit ETHUSDT
MEXC ETH_USDT
Aevo ETH-PERP
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Paradex ETH-USD-PERP
RISEx ETH/USDC
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Derive ETH-PERP
SunX ETH-USDT
Phemex ETHUSDT
Bulk ETH-USD
Extended ETH-USD
Deribit ETH-PERPETUAL
Coinbase International ETH-PERP-INTX
Aftermath Perps ETHUSD
Kalshi KXETHPERP
Orderly PERP_ETH_USDC
Kraken Futures PF_ETHUSD
Reya ETHRUSDPERP
Hibachi ETH/USDT-P
BloFin ETH-USDT
Bluefin ETH-PERP