Funding you earn now, next payment 22:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Aevo against Nado−0.059%7-day average −0.060% · 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−$36as in the Price arb table
costs, in and out, $10k−$360.364% of the position
Funding, last 3 days (all we have)−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now −0.059%, 7d avg −0.060%
=Together, before fees−0.082%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ETH-PERP | 2,769.2 | 0.0100 | pay 0.0012% / 1h | 6m 04s | $15.2M | $117.6M | 50x |
| Short | Aevo ETH-PERP | 2,767.6 | 0.0048 | get 0.0006% / 1h | 6m 04s | $5.0M | $636K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo 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
- −$10.92
- Price spread: −0.059% → −0.060%
- $0.05
- Slippage, 4 orders
- −$13.42
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$47.29
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; Aevo: live order book, 3 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, 3 min ago | 0.18 bp | 3.8 bp −$4 | 4.2 bp −$42 | 6.5 bp −$647 | 13.9 bp −$6,930 |
| Sell Aevo live order book, 3 min ago | 2.89 bp | 17.7 bp −$18 | 30.1 bp −$301 | 47.1 bp −$4,708 | doesn't fit |
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 | −0.0112% | 43m | 2,769.5 | +0.011% | $289K | $6.9M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0107% | 1h | 2,776.2 | +0.252% | $119K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,770 | +0.028% | $5K | $2K | 50x | as long as short |
| 01 Exchange ETHUSD | −0.0048% | 1h | 2,770.2 | +0.036% | $171K | $1.2M | 50x | as long as short |
| Phoenix ETH | −0.0023% | 1h | 2,772.2 | +0.108% | $885K | $3.7M | 25x | as long as short |
| RISEx ETH/USDC | −0.0011% | 1h | 2,769.7 | +0.019% | $5.7M | $11.9M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,770.4 | +0.041% | $12.7M | $45.5M | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0003% | 1h | 2,773 | +0.137% | $29K | $22K | 20x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,770.1 | +0.032% | $22.4M | — | 200x | as long as short |
| BingX ETH-USDT | +0.0018% | 8h | 2,769.4 | +0.005% | — | $1.18B | — | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETH-USDT-SWAP | +0.0022% | 8h | 2,768.9 | −0.012% | $1.71B | $11.88B | 100x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0028% / S +0.0009% | 1h | 2,769.9 | +0.026% | $13.2M | — | 200x | as long as short |
| Phemex ETHUSDT | +0.0030% | 8h | 2,769.9 | +0.026% | $266.8M | $66.0M | 150x | as long as short |
| ApeX Omni ETHUSDT | +0.0031% | 1h | 2,770.9 | +0.059% | $8.7M | $32.6M | 100x | as long as short |
| Aster ETHUSDT | +0.0034% | 8h | 2,769.1 | −0.002% | $256.1M | $995.7M | 200x | as long as short |
| Deribit ETH-PERPETUAL | +0.0035% | 1h | 2,771.3 | +0.075% | $258.5M | $225.1M | 50x | as long as short |
| Aevo ETH-PERPshort | +0.0048% | 1h | 2,767.6 | −0.059% | $5.0M | $636K | 20x | |
| MEXC ETH_USDT | +0.0051% | 8h | 2,769.8 | +0.020% | $1.59B | $2.69B | 500x | as long as short |
| Binance ETHUSDT | +0.0051% | 8h | 2,769.3 | +0.002% | $6.43B | $17.23B | 150x | as long as short |
| Bitget ETHUSDT | +0.0075% | 8h | 2,769.3 | +0.002% | $2.10B | $3.13B | 150x | as long as short |
| Gate ETH_USDT | +0.0076% | 8h | 2,769.6 | +0.012% | $3.28B | $9.70B | 200x | as long as short |
| Bullet ETH-USD | +0.0078% | 1h | 2,769 | −0.007% | $184K | $1.8M | 20x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,770.2 | +0.035% | $114.6M | $515.7M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,771.6 | +0.085% | $25.3M | $123.3M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,771 | +0.065% | — | $41.8M | 500x | as long as short |
| Variational Omni ETH | +0.0097% | 8h | 2,770.2 | +0.036% | $140.7M | $320.5M | — | as long as short |
| HTX ETH-USDT | +0.0098% | 8h | 2,769.4 | +0.007% | $1.08B | $1.32B | 200x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,769.2 | −0.002% | $15.9M | $10.8M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,770.2 | +0.036% | $485K | $2.7M | 50x | as long as short |
| Nado ETH-PERPlong | +0.0100% | 1h | 2,769.2 | long leg | $15.2M | $117.6M | 50x | |
| Hyperliquid ETH | +0.0100% | 1h | 2,771.2 | +0.072% | $3.19B | $2.39B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,770.2 | +0.036% | $31.2M | $291.4M | 50x | as long as short |
| Bybit ETHUSDT | +0.0100% | 8h | 2,769.2 | +0.001% | $2.51B | $4.64B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,769.4 | +0.007% | $2.9M | $16.6M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,771.6 | +0.085% | $2.8M | $17.4M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,770.6 | +0.048% | $164.9M | $252.7M | 25x | as long as short |
| KuCoin ETHUSDTM | +0.0100% | 8h | 2,769.6 | +0.014% | $421.9M | $742.3M | 100x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,769.7 | +0.019% | $15.4M | $42.9M | 50x | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,770.8 | +0.059% | $179.5M | $782.6M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,771.4 | +0.081% | $161.2M | $97.3M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,773 | +0.137% | $21.4M | $57.8M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,770.7 | +0.054% | $10.8M | $7.8M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,770.6 | +0.049% | $21K | $25K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,772.1 | +0.103% | $42.6M | $29.4M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,768.9 | −0.012% | $971K | $14.1M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,769.7 | +0.018% | $55.1M | $228.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,770.3 | +0.040% | — | $1.1M | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,769.4 | +0.007% | $31.4M | $75.4M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,771.3 | +0.076% | $59.9M | $4.62B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0111% | 8h | 2,770.5 | +0.046% | $8.5M | $674.2M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0135% | 8h | 2,772.5 | +0.119% | $32.5M | $12.0M | 100x | as long as short |
| BloFin ETH-USDT | +0.0171% | 8h | 2,770 | +0.028% | $285.8M | $195.6M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0185% | 1h | 2,769.1 | −0.004% | $7.3M | $1.1M | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0240% | 1h | 2,770.9 | +0.060% | $86.1M | $331.7M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0464% | 1h | 2,772.8 | +0.130% | $282K | $1.5M | 20x | as long as short |
Injective ETH/USDC PERP
01 Exchange ETHUSD
Phoenix ETH
RISEx ETH/USDC
Aftermath Perps ETHUSD
gTrade (Gains Network) ETH/USD
BingX ETH-USDT
OKX ETH-USDT-SWAP
GMX ETH/USD [ETH-USDC]
Phemex ETHUSDT
ApeX Omni ETHUSDT
Aster ETHUSDT
Deribit ETH-PERPETUAL
MEXC ETH_USDT
Binance ETHUSDT
Bitget ETHUSDT
Gate ETH_USDT
Bullet ETH-USD
Lighter ETH
Lighter RH ETH
Variational Omni ETH
HTX ETH-USDT
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bybit ETHUSDT
Bulk ETH-USD
KuCoin ETHUSDTM
Backpack ETH_USDC_PERP
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
BloFin ETH-USDT
Kraken Futures PF_ETHUSD