Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.074%
Price spread now: Injective against Nado+0.217%109s7-day average +0.101% · 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—prices read too far apart to compare
costs, in and out, $10k−$440.441% of the position
Funding, last 3 days (all we have)+0.248%+$25 on $10k
+Price spread, last 3 days (all we have)−0.281%−$28 · spread now +0.217%, 7d avg +0.101%
=Together, before fees−0.033%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Injective is 0.115% dearer against Nado than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.101%. The two prices were read 109 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 | Nado AAPL-PERP | 338.84 | 0.0125 | pay 0.0016% / 1h | 41m 23s | $556K | $35K | 20x |
| Short | Injective AAPL/USDC PERP | 339.57 | 0.0220 | get 0.0028% / 1h | 41m 23s | $191K | $44K | 30x |
Nado AAPL-PERP
Injective AAPL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $19.85
- Price spread: +0.217% → +0.101%
- $11.54
- Slippage, 4 orders
- −$37.1
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$12.73
- Costs to cover
- 0.441%
- Break-even
- 11.5 days
Slippage from Nado: live order book, 37 min ago; Injective: live order book, 37 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, 37 min ago | 0.15 bp | 13.4 bp −$13 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Injective live order book, 37 min ago | 10.02 bp | 10.0 bp −$10 | 10.0 bp −$100 | doesn't fit | doesn't fit |
AAPL 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0509% | 4h | 339.09 | +0.076% | $81K | $327K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.044% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.12 | +0.084% | $6.0M | $39.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.07 | +0.069% | $6.5M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.88 | +0.013% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.15 | +0.093% | $380 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.82 | −0.005% | $28K | $65K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.24 | +0.119% | $52K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.16 | +0.096% | $2.1M | $7K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0009% | 8h | 339.14 | +0.089% | $14K | $498K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AAPL | +0.0032% | 1h | 339.02 | +0.054% | $964K | $3.8M | 20x | as long as short |
| Bitget AAPLUSDT | +0.0037% | 8h | 339.15 | +0.093% | $6.2M | $3.4M | 100x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.76 | −0.023% | — | $53K | 25x | as long as short |
| Variational Omni AAPL | +0.0048% | 8h | 339.13 | +0.088% | $2.4M | $1.4M | — | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.94 | +0.031% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.96 | +0.036% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.82 | −0.005% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 339.01 | +0.051% | $3.2M | $5.1M | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.0080% | 1h | 339.03 | +0.056% | $285K | $1.5M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0081% | 8h | 339.14 | +0.090% | $348K | $167K | 20x | as long as short |
| Binance AAPLUSDT | +0.0081% | 8h | 339.09 | +0.074% | $22.4M | $67.3M | 25x | as long as short |
| Lighter AAPL | +0.0088% | 1h | 338.97 | +0.039% | $773K | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.84 | +0.001% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.76 | −0.023% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.99 | +0.045% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.06 | +0.067% | $11K | — | 10x | as long as short |
| Nado AAPL-PERPlong | +0.0125% | 1h | 338.84 | long leg | $556K | $35K | 20x | |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 338.96 | +0.036% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | +0.057% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0211% | 1h | 338.98 | +0.042% | $40.9M | $76.5M | 20x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 339.57 | +0.217% | $191K | $44K | 30x | |
| Phoenix AAPL | +0.0330% | 1h | 339.15 | +0.093% | $2K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0397% | 1h | 339.00 | +0.048% | $270K | $71K | 20x | as long as short |
Lighter RH AAPL
Bitget AAPLUSDT
Vest AAPL-USD-PERP
Variational Omni AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Extended AAPL_24_5-USD
BloFin AAPL-USDT
Binance AAPLUSDT
Lighter AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Phoenix AAPL
Arcus AAPL-USD