Funding you earn now, next payment 05:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.013%
Price spread now: Injective against Nado−0.122%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Injective is 0.122% cheaper against Nado than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 15 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado EURUSD-PERP | 1.1480 | 0.0006 | pay 0.0001% / 1h | 5m 16s | $467K | $153K | 40x |
| Short | Injective EURUSD/USDC PERP | 1.1466 | 0.0033 | get 0.0004% / 1h | 5m 16s | $9K | $78K | 101x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $5.77
- Price spread: −0.122% → 0.000%
- −$12.22
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$7.87
- Costs to cover
- 0.014%
- Break-even
- 16.5 days
Slippage unknown: Nado: live order book, 48 min ago; Injective: no order-book sample. Net counts fees only.
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, 48 min ago | 1.22 bp | 3.0 bp −$3 | 3.9 bp −$39 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi EUR/USDT-P | −0.0240% | 1h | 1.1476 | −0.037% | $170K | $8.3M | 30x | as long as short |
| MEXC EUR_USDT | −0.0212% | 4h | 1.1480 | −0.004% | $6.8M | $135K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0179% | 1h | 1.1474 | −0.057% | $3K | — | 50x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1487 | +0.057% | $2.1M | $415K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1482 | +0.018% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1480 | −0.004% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1479 | −0.012% | $253K | $21K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1478 | −0.021% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1481 | +0.005% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1484 | +0.031% | $12K | $263K | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERPlong | +0.0006% | 1h | 1.1480 | long leg | $467K | $153K | 40x | |
| Extended EUR-USD | +0.0032% | 1h | 1.1478 | −0.025% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERPshort | +0.0033% | 1h | 1.1466 | −0.122% | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1509 | +0.252% | — | $265K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1480 | −0.004% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1484 | +0.035% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0160% | 1h | 1.1481 | +0.005% | $23.3M | $1.6M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0160% | 1h | 1.1482 | +0.014% | $33K | — | 50x | as long as short |
Injective EURUSD/USDC PERP
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Pacifica EURUSD
tradeXYZ xyz:EUR