Funding you earn now, next payment 05:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h −0.011%
Price spread now: Binance against Nado−0.005%7-day average −0.007% · 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−$20as in the Price arb table
costs, in and out, $10k−$200.199% of the position
Funding, last 3 days (all we have)−0.034%−$3 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.005%, 7d avg −0.007%
=Together, before fees−0.061%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XAUT-PERP | 4,341.2 | 0.0100 | pay 0.0012% / 1h | 21m 15s | $4.2M | $902K | 10x |
| Short | Binance XAUTUSDT | 4,341 | 0.0063 | get 0.0031% / 4h | 3h 21m | $35.2M | $45.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$7.86
- Price spread: −0.005% → −0.007%
- $0.17
- Slippage, 4 orders
- −$2.86
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.56
- Costs to cover
- 0.199%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; Binance: live order book, 6 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, 3 min ago | 0.12 bp | 5.3 bp −$5 | 8.3 bp −$83 | 697.7 bp −$69.8K | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.01 bp | 5.8 bp −$6 | 8.4 bp −$84 | 15.8 bp −$1,578 | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0333% | 1h | 4,340.2 | −0.025% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,340.7 | −0.014% | $25.9M | $15.5M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342.4 | +0.026% | $130.5M | $8.2M | 100x | as long as short |
| Variational Omni XAUT | +0.0032% | 4h | 4,337.7 | −0.081% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.197% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,340.5 | −0.017% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDTshort | +0.0063% | 4h | 4,341 | −0.005% | $35.2M | $45.2M | 75x | |
| Extended XAUT-USD | +0.0064% | 1h | 4,339.8 | −0.034% | $272K | $215K | 25x | as long as short |
| Nado XAUT-PERPlong | +0.0100% | 1h | 4,341.2 | long leg | $4.2M | $902K | 10x | |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,341.5 | +0.006% | $120.4M | $27.9M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,341.4 | +0.003% | $392.5M | $271.6M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,342.2 | +0.022% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341.5 | +0.006% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,338.3 | −0.069% | $308 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,340.8 | −0.010% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,341.9 | +0.016% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,347.6 | +0.145% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339.8 | −0.033% | $1.8M | $228K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,343.4 | +0.050% | $5.7M | $4.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,339.8 | −0.033% | $2.3M | $1.6M | 75x | as long as short |
Binance XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT