Funding you earn now, next payment 06:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h −0.003%
Price spread now: Nado against Orderly+0.028%7-day average −0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.326%−$33 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.028%, 7d avg −0.017%
=Together, before fees−0.340%+ Points / potential airdropNado: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.045% dearer against Orderly than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.017%. Mind the row above: over the last 3 days funding on this pair cost −0.326%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_EURUSD_USDC | 1.1472 | 0 | get 0.0000% / 8h | 2h 07m | $198K | $73K | 50x |
| Short | Nado EURUSD-PERP | 1.1475 | 0.0059 | get 0.0007% / 1h | 7m 41s | $467K | $153K | 40x |
Orderly PERP_EURUSD_USDC
Nado EURUSD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Orderly. 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
- $12.46
- Price spread: +0.028% → −0.017%
- $4.47
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- $9.54
- Costs to cover
- 0.074%
- Break-even
- 1.6 days
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 40 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 40 min ago | 1.18 bp | 2.0 bp −$2 | 2.8 bp −$28 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0158% | 4h | 1.1477 | +0.044% | $6.8M | $135K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0132% | 1h | 1.1472 | +0.003% | $3K | — | 50x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1485 | +0.118% | $2.2M | $432K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1489 | +0.153% | $579K | $312K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1477 | +0.044% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1476 | +0.035% | $261K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDClong | 0.0000% | 8h | 1.1472 | long leg | $198K | $73K | 50x | |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1480 | +0.070% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1479 | +0.061% | $12K | $263K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1473 | +0.007% | $6.8M | $1.2M | 100x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi EUR/USDT-P | +0.0032% | 1h | 1.1475 | +0.030% | $195K | $8.3M | 30x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.049% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1504 | +0.281% | — | $264K | 100x | as long as short |
| Nado EURUSD-PERPshort | +0.0059% | 1h | 1.1475 | +0.028% | $467K | $153K | 40x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1477 | +0.044% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1482 | +0.089% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0128% | 1h | 1.1481 | +0.078% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0139% | 1h | 1.1482 | +0.087% | $23.3M | $1.6M | 50x | as long as short |
Hibachi EUR/USDT-P
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
tradeXYZ xyz:EUR