Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.008%
Price spread now: Binance against Nado+0.023%7-day average −0.008% · 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−$16as in the Price arb table
costs, in and out, $10k−$190.190% of the position
Funding, last 3 days (all we have)−0.034%−$3 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.023%, 7d avg −0.008%
=Together, before fees−0.072%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.031% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XAUT-PERP | 4,348 | 0.0100 | pay 0.0012% / 1h | 46m 55s | $4.2M | $977K | 10x |
| Short | Binance XAUTUSDT | 4,349 | 0.0092 | get 0.0046% / 4h | 1h 46m | $35.4M | $45.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$1.68
- Price spread: +0.023% → −0.008%
- $3.13
- Slippage, 4 orders
- −$1.99
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$17.54
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage from Nado: live order book, 2 min ago; Binance: live order book, 10 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, 2 min ago | 0.12 bp | 4.5 bp −$5 | 7.5 bp −$75 | 700.8 bp −$70.1K | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.01 bp | 5.0 bp −$5 | 7.1 bp −$71 | 21.3 bp −$2,128 | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0234% | 1h | 4,347.8 | −0.005% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0228% | 4h | 4,348 | −0.001% | $26.2M | $14.7M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0105% | 1h | 4,350.6 | +0.060% | $5.3M | $3.5M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0039% | 1h | 4,339.7 | −0.192% | $8K | $119K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,350 | +0.045% | $132.0M | $7.9M | 100x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,349.8 | +0.041% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0075% | 4h | 4,345.8 | −0.052% | $33.2M | $3.3M | — | as long as short |
| Binance XAUTUSDTshort | +0.0092% | 4h | 4,349 | +0.023% | $35.4M | $45.4M | 75x | |
| Extended XAUT-USD | +0.0096% | 1h | 4,348.2 | +0.004% | $272K | $217K | 25x | as long as short |
| Nado XAUT-PERPlong | +0.0100% | 1h | 4,348 | long leg | $4.2M | $977K | 10x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,348 | 0.000% | $120.5M | $26.9M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,348.1 | +0.002% | $341.5M | $280.4M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,350.6 | +0.058% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,348.6 | +0.014% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,347.6 | −0.010% | $713 | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,348.2 | +0.004% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,349.9 | +0.043% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,353.8 | +0.132% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,346.3 | −0.040% | $1.8M | $230K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,348 | −0.001% | $2.4M | $1.7M | 75x | as long as short |
Binance XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
SoDEX XAUT-USD
Variational Omni XAUT
Extended XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT