META

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.020%

Price spread now: Nado against Polymarket Perps−0.105%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on Polymarket Perps Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.154%−$15 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.105%, 7d avg −0.010%

Together, before fees−0.076%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.094% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.010%). If the spread goes back, that is −$9 on $10k: about 12 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.154%, 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	Polymarket Perps META-USD	744.83	0.0050	pay 0.0006% / 1h	55m 24s	$566K	$609K	10x
Short	Nado META-PERP	744.05	0.0076	get 0.0010% / 1h	55m 24s	$478K	$559K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee NadobpOrdersPrice spread, now −0.105%Rate

Funding earned: $5.52
Price spread: −0.105% → −0.010%: −$9.42
Slippage, 4 orders: −$24.7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$43.6
Costs to cover: 0.397%
Break-even: 62.3 days

Slippage from Polymarket Perps: live order book, 23 min ago; Nado: live order book, 38 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 Polymarket Perps live order book, 23 min ago	3.97 bp	8.6 bp −$9	8.6 bp −$86	doesn't fit	doesn't fit
Sell Nado live order book, 38 min ago	0.74 bp	12.1 bp −$12	22.6 bp −$226	doesn't fit	doesn't fit

META on 37 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	745.62	+0.106%	$335K	$1.1M	20x	as long as short
Aster METAUSDT	0.0000%	8h	745.20	+0.050%	$490K	$628K	20x	as long as short
Extended META_24_5-USD	0.0000%	1h	744.29	−0.072%	$546K	$3.3M	17x	as long as short
Binance METAUSDT	0.0000%	8h	744.43	−0.054%	$25.8M	$192.3M	20x	as long as short
Bybit METAUSDT	0.0000%	8h	744.57	−0.035%	$7.7M	$15.9M	100x	as long as short
OKX META-USDT-SWAP	0.0000%	8h	744.58	−0.034%	$6.1M	$13.0M	20x	as long as short
Gate META_USDT	0.0000%	8h	744.28	−0.074%	$447K	$6.4M	100x	as long as short
Bitget METAUSDT	0.0000%	8h	744.38	−0.060%	$5.7M	$12.3M	100x	as long as short
Variational Omni META	0.0000%	8h	745.38	+0.074%	$2.5M	$3.0M	—	as long as short
GRVT META_USDT_Perp	0.0000%	8h	745.62	+0.106%	$12K	$438K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX META-USDT	0.0000%	8h	745.39	+0.075%	$786	$7.6M	20x	as long as short
Deribit META_USDC-PERPETUAL	0.0000%	1h	744.10	−0.098%	$36K	$269K	10x	as long as short
HTX META-USDT	0.0000%	8h	745.32	+0.066%	$108K	$300K	30x	as long as short
Phemex METAUSDT	0.0000%	4h	745.45	+0.083%	$2.0M	$8K	10x	as long as short
Lighter RH META	+0.0032%	1h	745.38	+0.074%	$813K	$2.8M	20x	as long as short
Arcus META-USD	+0.0040%	1h	744.83	0.000%	$111K	$315K	10x	as long as short
QFEX META-USD	+0.0041%	1h	745.04	+0.028%	$2.2M	$14.1M	10x	as long as short
Vest META-USD-PERP	+0.0046%	1h	744.90	+0.009%	—	$12K	25x	as long as short
Popdex METAUSDT	+0.0048%	1h	745.16	+0.044%	$179K	$205K	20x	as long as short
Polymarket Perps META-USDlong	+0.0050%	1h	744.83	long leg	$566K	$609K	10x
SoDEX META-USD	+0.0050%	1h	744.62	−0.028%	$25K	$3K	10x	as long as short
Ondo Perps META-USD.P	+0.0050%	1h	744.75	−0.011%	$741K	$5.0M	10x	as long as short
Paradex META-USD-PERP	+0.0063%	8h	744.99	+0.022%	—	—	5x	as long as short
Nado META-PERPshort	+0.0076%	1h	744.05	−0.105%	$478K	$559K	20x
Aftermath Perps METAUSD	+0.0078%	1h	745.11	+0.038%	$51K	$91K	10x	as long as short
Coinbase International META-PERP-INTX	+0.0096%	1h	744.98	+0.020%	$641K	$7.8M	10x	as long as short
Pacifica META	+0.0100%	1h	745.35	+0.070%	$608	$2K	10x	as long as short
KuCoin METAUSDTM	+0.0100%	8h	745.17	+0.046%	$1.6M	$803K	20x	as long as short
ApeX Omni METAUSDT	+0.0100%	1h	744.91	+0.011%	$167K	$71K	50x	as long as short
Orderly PERP_META_USDC_mythos	+0.0100%	8h	744.55	−0.038%	$1K	$24	10x	as long as short
Aevo META-PERP	+0.0104%	1h	744.44	−0.053%	$268	—	10x	as long as short
Injective META/USDC PERP	+0.0220%	1h	746.33	+0.201%	$176K	$52K	30x	as long as short
Hotstuff META-PERP	+0.0280%	1h	745.33	+0.067%	$33K	$105	20x	as long as short
Lighter META	+0.0288%	1h	745.52	+0.093%	$1.2M	$2.6M	20x	as long as short
tradeXYZ xyz:META	+0.0348%	1h	744.73	−0.013%	$86.4M	$134.8M	20x	as long as short
edgeX METAUSDC	+0.0473%	4h	745.31	+0.065%	$63K	$346K	10x	as long as short
Phoenix META	+0.0791%	1h	746.65	+0.244%	$797K	$1.5M	20x	as long as short