Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.014%
Price spread now: Nado against Deribit−0.068%46s7-day average +0.102% · 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—prices read too far apart to compare
costs, in and out, $10k−$560.559% of the position
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.514%−$51 · spread now −0.068%, 7d avg +0.102%
=Together, before fees−0.552%+ Points / potential airdropNado: Active · farm board−$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.170% cheaper against Deribit than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.102%). If the spread goes back, that is −$17 on $10k: about 5.7 days of funding at the current rate (+$3 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02527 | 0 | get 0.0000% / 1h | 9m 30s | $68K | $125K | 25x |
| Short | Nado MON-PERP | 0.02525 | 0.0100 | get 0.0013% / 1h | 9m 30s | $411K | $543K | 10x |
Deribit MON_USDC-PERPETUAL
Nado MON-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Deribit. 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
- $21
- Price spread: −0.068% → +0.102%
- −$17.01
- Slippage, 4 orders
- −$41.91
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$51.91
- Costs to cover
- 0.559%
- Break-even
- 24.3 days
Slippage from Deribit: live order book, 29 min ago; Nado: live order book, 53 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 Deribit live order book, 29 min ago | 11.47 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 53 min ago | 1.77 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02528 | +0.044% | $12K | $367K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0257% | 1h | 0.02529 | +0.063% | $112K | $152K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02528 | +0.036% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0131% | 8h | 0.02521 | −0.241% | $20.7M | $13.1M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0080% | 1h | 0.02523 | −0.146% | $6K | $1K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02525 | −0.103% | $104K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02527 | long leg | $68K | $125K | 25x | |
| Orderly PERP_MON_USDC | +0.0084% | 4h | 0.02527 | −0.004% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02522 | −0.202% | $841K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02522 | −0.193% | $8K | $42 | 5x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Perpl MON
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02524 | −0.142% | $34.1M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02524 | −0.117% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02525 | −0.070% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02523 | −0.162% | $140K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02522 | −0.200% | $24.0M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02521 | −0.241% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | −0.264% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02524 | −0.123% | $951K | $966K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02526 | −0.044% | $2.9M | $743K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02523 | −0.162% | $2.7M | $2.1M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02523 | −0.162% | $749K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02526 | −0.060% | $42K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02529 | +0.065% | $566K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02524 | −0.123% | $68K | $504K | 50x | as long as short |
| Nado MON-PERPshort | +0.0100% | 1h | 0.02525 | −0.068% | $411K | $543K | 10x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02527 | −0.004% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02524 | −0.109% | $48K | $513K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02527 | −0.004% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02526 | −0.028% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0262% | 1h | 0.02528 | +0.023% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02526 | −0.044% | $1.3M | $320K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0492% | 1h | 0.02531 | +0.158% | $270K | $113K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02534 | +0.273% | $112K | $57K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX