Funding you earn now, next payment 05:00 UTC−0.0316%/8h= −34.6% APRnext payment −$0.39 per $10,000 · paid last 24h −0.074%
Price spread now: Nado against Injective+0.041%7-day average −0.100% · 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−$32as in the Price arb table
costs, in and out, $10k−$460.461% of the position
Funding, last 3 days (all we have)−0.263%−$26 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.041%, 7d avg −0.100%
=Together, before fees−0.237%+ Points / potential airdropNado: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.142% dearer against Injective than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.100%): +$14 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AAPL/USDC PERP | 339.05 | 0.0220 | pay 0.0028% / 1h | 6m 48s | $191K | $44K | 30x |
| Short | Nado AAPL-PERP | 339.19 | −0.0096 | pay 0.0012% / 1h | 6m 48s | $555K | $38K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Injective. 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
- −$66.32
- Price spread: +0.041% → −0.100%
- $14.16
- Slippage, 4 orders
- −$39.11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$98.3
- Costs to cover
- 0.461%
- Break-even
- never at this rate
Slippage from Injective: live order book, 47 min ago; Nado: live order book, 46 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 Injective live order book, 47 min ago | 9.89 bp | 9.9 bp −$10 | 9.9 bp −$99 | 57596.6 bp −$5.76M | 327982.7 bp −$163.99M |
| Sell Nado live order book, 46 min ago | 0.15 bp | 13.2 bp −$13 | 46.1 bp −$461 | doesn't fit | doesn't fit |
AAPL 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0405% | 4h | 339.17 | +0.035% | $81K | $327K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0104% | 1h | 339.04 | −0.003% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERPshort | −0.0096% | 1h | 339.19 | +0.041% | $555K | $38K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.22 | +0.049% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.17 | +0.036% | $278K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.26 | +0.062% | $22.0M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.18 | +0.038% | $5.8M | $71.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.26 | +0.062% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.98 | −0.021% | $3.0M | $4.5M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.28 | +0.068% | $6.2M | $3.5M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.27 | +0.066% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.29 | +0.070% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.24 | +0.056% | $784 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.36 | +0.091% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.34 | +0.086% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0027% | 8h | 339.26 | +0.062% | $340K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0030% | 1h | 339.14 | +0.027% | $3.2M | $4.4M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.15 | +0.029% | $803K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.16 | +0.032% | $939K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.07 | +0.006% | $266K | $61K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.07 | +0.006% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.15 | +0.029% | $40.5M | $76.1M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.12 | +0.021% | $278K | $408K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.13 | +0.024% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.91 | −0.041% | $1.3M | $2.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0096% | 1h | 339.12 | +0.021% | $661K | $656K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.24 | +0.056% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.20 | +0.044% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.12 | +0.021% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.15 | +0.029% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0120% | 1h | 339.15 | +0.029% | $36K | — | 20x | as long as short |
| Injective AAPL/USDC PERPlong | +0.0220% | 1h | 339.05 | long leg | $191K | $44K | 30x | |
| Phoenix AAPL | +0.0236% | 1h | 339.26 | +0.062% | $5K | $11K | 20x | as long as short |
Injective AAPL/USDC PERP
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Phoenix AAPL