Funding you earn now, next payment 22:00 UTC+0.0436%/8h= +47.7% APRnext payment +$0.55 per $10,000 · paid last 24h +0.218%
Price spread now: Coinbase International against Nado+1.081%7-day average +0.347% · 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−$670.673% of the position
Funding, last 3 days (all we have)+0.549%+$55 on $10k
+Price spread, last 3 days (all we have)−0.876%−$88 · spread now +1.081%, 7d avg +0.347%
=Together, before fees−0.327%+ Points / potential airdropNado: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.733% dearer against Nado than usual: you sell high and buy low: +$73 more if the spread goes back to its 7-day average of +0.347%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MON-PERP | 0.02579 | 0.0100 | pay 0.0012% / 1h | 15m 39s | $388K | $539K | 10x |
| Short | Coinbase International MON-PERP-INTX | 0.02607 | 0.0536 | get 0.0067% / 1h | 15m 39s | $114K | $49K | 50x |
Nado MON-PERP
Coinbase International MON-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $91.56
- Price spread: +1.081% → +0.347%
- $73.34
- Slippage, 4 orders
- −$50.32
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $97.58
- Costs to cover
- 0.673%
- Break-even
- from the start
Slippage from Nado: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago | 2.33 bp | 11.1 bp −$11 | 1150.3 bp −$11.5K | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 15.92 bp | 20.9 bp −$21 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.0060% | 8h | 0.02571 | −0.304% | $21.3M | $11.8M | 50x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | +0.123% | $6K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02577 | −0.087% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02577 | −0.083% | $143K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02578 | −0.040% | $70K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02578 | −0.029% | $6K | $1K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0021% | 1h | 0.02577 | −0.076% | $2K | $73K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02576 | −0.110% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0085% | 8h | 0.02575 | −0.147% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02577 | −0.071% | $854K | $773K | 10x | as long as short |
Bybit MONUSDT
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERPlong | +0.0100% | 1h | 0.02579 | long leg | $388K | $539K | 10x | |
| Hyperliquid MON | +0.0100% | 1h | 0.02579 | +0.006% | $34.9M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02577 | −0.060% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02577 | −0.078% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02577 | −0.071% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02574 | −0.184% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02573 | −0.226% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02578 | −0.049% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02577 | −0.071% | $1.0M | $872K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02577 | −0.071% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02576 | −0.106% | $128K | $140K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02575 | −0.161% | $780K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02574 | −0.169% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02577 | −0.071% | $578K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | −0.032% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02577 | −0.071% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02579 | −0.001% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02576 | −0.091% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02579 | +0.017% | $271K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02577 | −0.071% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0302% | 4h | 0.02581 | +0.084% | $3.2M | $669K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02575 | −0.149% | $1.3M | $293K | 75x | as long as short |
| Coinbase International MON-PERP-INTXshort | +0.0536% | 1h | 0.02607 | +1.081% | $114K | $49K | 50x |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT