Funding you earn now, next payment 07:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.060%
Price spread now: Injective against Nado+1.014%7-day average +0.317% · 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−$6as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 3 days (all we have)+0.296%+$30 on $10k
+Price spread, last 4 days (all we have)−0.815%−$82 · spread now +1.014%, 7d avg +0.317%
=Together, before fees−0.519%+ Points / potential airdropNado: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Injective is 0.697% dearer against Nado than usual: you sell high and buy low: +$70 more if the spread goes back to its 7-day average of +0.317%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado META-PERP | 745.55 | −0.0044 | get 0.0005% / 1h | 51m 05s | $483K | $558K | 20x |
| Short | Injective META/USDC PERP | 753.11 | 0.0220 | get 0.0028% / 1h | 51m 05s | $174K | $46K | 30x |
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
- $55.4
- Price spread: +1.014% → +0.317%
- $69.71
- Slippage, 4 orders
- −$68.25
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $49.83
- Costs to cover
- 0.753%
- Break-even
- 0.7 days
Slippage from Nado: live order book, 57 min ago; Injective: live order book, 58 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, 57 min ago | 0.60 bp | 10.0 bp −$10 | 46.7 bp −$467 | doesn't fit | doesn't fit |
| Sell Injective live order book, 58 min ago | 19.96 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
META on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 745.98 | +0.058% | $332K | $1.1M | 20x | as long as short |
| Nado META-PERPlong | −0.0044% | 1h | 745.55 | long leg | $483K | $558K | 20x | |
| Aster METAUSDT | 0.0000% | 8h | 745.55 | 0.000% | $479K | $592K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.69 | +0.019% | $552K | $2.6M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.93 | +0.051% | $27.0M | $184.8M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.86 | +0.041% | $7.3M | $15.2M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.93 | +0.051% | $6.1M | $12.6M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.32 | −0.031% | $435K | $6.0M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 746.05 | +0.067% | $5.5M | $12.2M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 745.55 | 0.000% | $2.4M | $3.3M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perp | 0.0000% | 8h | 746.20 | +0.087% | $12K | $438K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 745.74 | +0.025% | $661 | $8.3M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 745.56 | +0.001% | $31K | $266K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 745.54 | −0.002% | $106K | $307K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 746.09 | +0.072% | $2.0M | $8K | 10x | as long as short |
| edgeX METAUSDC | +0.0003% | 4h | 745.95 | +0.054% | $62K | $343K | 10x | as long as short |
| QFEX META-USD | +0.0031% | 1h | 745.89 | +0.045% | $2.2M | $13.9M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 746.15 | +0.080% | $788K | $2.9M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 745.63 | +0.011% | $110K | $332K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 746.29 | +0.099% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 746.05 | +0.067% | $178K | $202K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.64 | +0.012% | $587K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.92 | +0.049% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.77 | +0.029% | $720K | $5.1M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0064% | 8h | 745.85 | +0.040% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0084% | 1h | 746.77 | +0.163% | $52K | $81K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 745.88 | +0.044% | $1.6M | $666K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 745.61 | +0.008% | $167K | $72K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.96 | +0.055% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.90 | +0.047% | $269 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0104% | 1h | 745.35 | −0.027% | $670K | $7.9M | 10x | as long as short |
| Injective META/USDC PERPshort | +0.0220% | 1h | 753.11 | +1.014% | $174K | $46K | 30x | |
| Lighter META | +0.0368% | 1h | 746.38 | +0.111% | $1.1M | $2.7M | 20x | as long as short |
| Hotstuff META-PERP | +0.0496% | 1h | 746.58 | +0.138% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0570% | 1h | 746.46 | +0.122% | $76.7M | $126.7M | 20x | as long as short |
| Phoenix META | +0.0739% | 1h | 747.55 | +0.268% | $798K | $1.5M | 20x | as long as short |
Injective META/USDC PERP
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni META
GRVT META_USDT_Perp
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
edgeX METAUSDC
Lighter RH META
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
Lighter META
tradeXYZ xyz:META
Phoenix META