Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.014%
Price spread now: Nado against Deribit+0.261%7-day average +0.103% · 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−$40as in the Price arb table
costs, in and out, $10k−$560.558% of the position
Funding, last 3 days (all we have)−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)−0.349%−$35 · spread now +0.261%, 7d avg +0.103%
=Together, before fees−0.388%+ Points / potential airdropNado: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.158% dearer against Deribit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02523 | 0 | get 0.0000% / 1h | 40m 45s | $68K | $125K | 25x |
| Short | Nado MON-PERP | 0.02530 | 0.0100 | get 0.0013% / 1h | 40m 45s | $405K | $544K | 10x |
Deribit MON_USDC-PERPETUAL
Nado MON-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Deribit. 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
- $21
- Price spread: +0.261% → +0.103%
- $15.82
- Slippage, 4 orders
- −$41.75
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$18.93
- Costs to cover
- 0.558%
- Break-even
- 13.3 days
Slippage from Deribit: live order book, 3 min ago; Nado: live order book, 27 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 Deribit live order book, 3 min ago | 12.62 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 27 min ago | 0.58 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0388% | 1h | 0.02541 | +0.705% | $6K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0050% | 8h | 0.02515 | −0.325% | $20.7M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0032% | 1h | 0.02524 | +0.044% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02540 | +0.666% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02523 | long leg | $68K | $125K | 25x | |
| Orderly PERP_MON_USDC | +0.0059% | 4h | 0.02522 | −0.048% | $16K | $53K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0096% | 8h | 0.02523 | −0.023% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02520 | −0.127% | $840K | $740K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02523 | −0.006% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02521 | −0.079% | $13K | — | 5x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02518 | −0.206% | $139K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02518 | −0.206% | $24.0M | $26.1M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02518 | −0.206% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02535 | +0.471% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02521 | −0.087% | $946K | $899K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02524 | +0.032% | $2.9M | $745K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02517 | −0.246% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02525 | +0.059% | $119K | $161K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02520 | −0.142% | $759K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02535 | +0.479% | $43K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02530 | +0.279% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02532 | +0.349% | $68K | $492K | 50x | as long as short |
| Nado MON-PERPshort | +0.0100% | 1h | 0.02530 | +0.261% | $405K | $544K | 10x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02522 | −0.048% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02527 | +0.169% | $48K | $514K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02522 | −0.067% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02523 | +0.004% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02549 | +1.023% | $1.4M | $310K | 75x | as long as short |
| Hyperliquid MON | +0.0351% | 1h | 0.02522 | −0.040% | $34.4M | $7.6M | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0375% | 1h | 0.02536 | +0.517% | $4K | $76K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02524 | +0.048% | $105K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02542 | +0.741% | $111K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0847% | 1h | 0.02525 | +0.071% | $275K | $88K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Hyperliquid MON
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD