Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.031%
Price spread now: Gate against Nado+0.021%7-day average −0.019% · 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−$18as in the Price arb table
costs, in and out, $10k−$220.224% of the position
Funding, last 3 days (all we have)−0.068%−$7 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now +0.021%, 7d avg −0.019%
=Together, before fees−0.073%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.040% dearer against Nado than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ETH-PERP | 2,729.6 | 0.0100 | pay 0.0012% / 1h | 45m 17s | $13.7M | $104.8M | 50x |
| Short | Gate ETH_USDT | 2,730.2 | 0.0100 | get 0.0100% / 8h | 4h 45m | $3.35B | $8.79B | 200x |
Nado ETH-PERP
Gate ETH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.021% → −0.019%
- $4.02
- Slippage, 4 orders
- −$0.4
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$18.38
- Costs to cover
- 0.224%
- Break-even
- 1888766587460701.3 days
Slippage from Nado: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago | 0.18 bp | 3.7 bp −$4 | 4.0 bp −$40 | 6.2 bp −$617 | 13.9 bp −$6,969 |
| Sell Gate live order book, 4 min ago | 0.02 bp | 7.5 bp −$8 | 8.6 bp −$86 | 11.9 bp −$1,189 | 20.0 bp −$9,987 |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,730.4 | +0.027% | $298K | $5.6M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0141% | 1h | 2,729.6 | −0.002% | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,728.5 | −0.042% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,730.7 | +0.037% | $11.9M | — | 200x | as long as short |
| ApeX Omni ETHUSDT | −0.0008% | 1h | 2,729 | −0.025% | $8.9M | $31.3M | 100x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,729.2 | −0.018% | $10.7M | $41.7M | 50x | as long as short |
| 01 Exchange ETHUSD | 0.0000% | 1h | 2,730.7 | +0.038% | $188K | $842K | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,728.1 | −0.057% | $830K | $2.9M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,730.7 | +0.037% | $26.2M | — | 200x | as long as short |
| Bullet ETH-USD | +0.0018% | 1h | 2,730.1 | +0.016% | $182K | $1.7M | 20x | as long as short |
Perpl ETH
Injective ETH/USDC PERP
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
ApeX Omni ETHUSDT
dYdX ETH-USD
01 Exchange ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
Bullet ETH-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ETH-USD | +0.0046% | 1h | 2,729.8 | +0.005% | $54.4M | $187.6M | 40x | as long as short |
| BingX ETH-USDT | +0.0057% | 8h | 2,730 | +0.014% | — | $1.15B | — | as long as short |
| KuCoin ETHUSDTM | +0.0071% | 8h | 2,730.3 | +0.024% | $380.2M | $575.8M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0073% | 8h | 2,730.3 | +0.022% | $1.66B | $10.68B | 100x | as long as short |
| Deribit ETH-PERPETUAL | +0.0080% | 1h | 2,731.3 | +0.060% | $260.1M | $196.8M | 50x | as long as short |
| Aster ETHUSDT | +0.0080% | 8h | 2,730.2 | +0.020% | $252.1M | $843.9M | 200x | as long as short |
| MEXC ETH_USDT | +0.0088% | 8h | 2,730.2 | +0.019% | $1.53B | $2.55B | 500x | as long as short |
| Aevo ETH-PERP | +0.0088% | 1h | 2,730.5 | +0.030% | $4.9M | $155K | 20x | as long as short |
| Binance ETHUSDT | +0.0090% | 8h | 2,730.2 | +0.019% | $6.34B | $15.84B | 150x | as long as short |
| HTX ETH-USDT | +0.0090% | 8h | 2,729.1 | −0.020% | $1.05B | $1.19B | 200x | as long as short |
| Bybit ETHUSDT | +0.0093% | 8h | 2,729.8 | +0.007% | $2.39B | $4.34B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,730.5 | +0.032% | $112.1M | $434.9M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,731.8 | +0.078% | $23.2M | $105.6M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,730.4 | +0.027% | — | $30.6M | 500x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,733.3 | +0.135% | $15.7M | $8.0M | 50x | as long as short |
| RISEx ETH/USDC | +0.0099% | 1h | 2,731 | +0.050% | $5.6M | $11.5M | 25x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,730.2 | +0.020% | $498K | $3.2M | 50x | as long as short |
| Nado ETH-PERPlong | +0.0100% | 1h | 2,729.6 | long leg | $13.7M | $104.8M | 50x | |
| Hyperliquid ETH | +0.0100% | 1h | 2,732.8 | +0.115% | $3.10B | $2.06B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,730.6 | +0.035% | $31.6M | $333.8M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,728.6 | −0.038% | $2.7M | $16.9M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,730.8 | +0.044% | $2.8M | $16.2M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,740.8 | +0.407% | $166.9M | $306.7M | 25x | as long as short |
| Gate ETH_USDTshort | +0.0100% | 8h | 2,730.2 | +0.021% | $3.35B | $8.79B | 200x | |
| Bitget ETHUSDT | +0.0100% | 8h | 2,730.1 | +0.016% | $2.07B | $2.75B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,730.3 | +0.023% | $15.0M | $39.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,728.4 | −0.046% | $133.1M | $325.5M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,726.2 | −0.126% | $182.6M | $671.4M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,729 | −0.023% | $158.7M | $84.8M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,728.6 | −0.038% | $21.1M | $69.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,730.9 | +0.045% | — | $843K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,731.7 | +0.075% | $10.9M | $8.8M | 50x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,731.8 | +0.077% | $41.2M | $29.7M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,729.3 | −0.013% | $956K | $11.4M | 100x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,730.4 | +0.026% | $265.4M | $65.4M | 150x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,729.1 | −0.019% | $30.4M | $72.5M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,731.3 | +0.060% | $51.7M | $4.26B | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0115% | 1h | 2,732.9 | +0.120% | $30K | $20K | 20x | as long as short |
| Kalshi KXETHPERP | +0.0153% | 8h | 2,730.1 | +0.016% | $6.3M | $676.9M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0193% | 8h | 2,732.5 | +0.105% | $32.1M | $11.5M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0222% | 1h | 2,730.7 | +0.040% | $84.6M | $313.6M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0223% | 1h | 2,729.7 | +0.001% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0248% | 1h | 2,730 | +0.015% | $254K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0291% | 8h | 2,730.1 | +0.017% | $284.8M | $174.9M | 150x | as long as short |
| Bluefin ETH-PERP | +0.0602% | 1h | 2,730.7 | +0.038% | $21K | $20K | 25x | as long as short |
SoDEX ETH-USD
BingX ETH-USDT
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Deribit ETH-PERPETUAL
Aster ETHUSDT
MEXC ETH_USDT
Aevo ETH-PERP
Binance ETHUSDT
HTX ETH-USDT
Bybit ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Paradex ETH-USD-PERP
RISEx ETH/USDC
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Derive ETH-PERP
SunX ETH-USDT
Phemex ETHUSDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Aftermath Perps ETHUSD
Kalshi KXETHPERP
Orderly PERP_ETH_USDC
Kraken Futures PF_ETHUSD
Reya ETHRUSDPERP
Hibachi ETH/USDT-P
BloFin ETH-USDT
Bluefin ETH-PERP