Funding you earn now, next payment 23:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.023%
Price spread now: Polymarket Perps against Nado+0.018%7-day average −0.056% · 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−$29as in the Price arb table
costs, in and out, $10k−$360.362% of the position
Funding, last 3 days (all we have)+0.101%+$10 on $10k
+Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.018%, 7d avg −0.056%
=Together, before fees+0.072%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.073% dearer against Nado than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.056%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days. Mind the row above: over the last 3 days funding on this pair paid +0.101%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado AAPL-PERP | 338.82 | 0.0085 | pay 0.0011% / 1h | 23m 33s | $556K | $34K | 20x |
| Short | Polymarket Perps AAPL-USD | 338.88 | 0.0050 | get 0.0006% / 1h | 23m 33s | $265K | $394K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$7.3
- Price spread: +0.018% → −0.056%
- $7.32
- Slippage, 4 orders
- −$21.17
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$36.15
- Costs to cover
- 0.362%
- Break-even
- never at this rate
Slippage from Nado: live order book, 60 min ago; Polymarket Perps: live order book, 59 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, 60 min ago | 0.15 bp | 12.8 bp −$13 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 59 min ago | 1.18 bp | 5.3 bp −$5 | 6.9 bp −$69 | 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 | −0.0330% | 4h | 339.06 | +0.071% | $81K | $325K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0015% | 8h | 339.08 | +0.077% | $352K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.13 | +0.092% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.03 | +0.062% | $285K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.09 | +0.080% | $22.4M | $67.4M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.14 | +0.094% | $6.1M | $39.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.06 | +0.071% | $6.6M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.90 | +0.024% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.08 | +0.077% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.13 | +0.093% | $2.4M | $1.4M | — | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.08 | +0.077% | $14K | $498K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.07 | +0.074% | $980 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.20 | +0.112% | $53K | $222K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.15 | +0.097% | $2.1M | $7K | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.01 | +0.056% | $968K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.030% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USDshort | +0.0050% | 1h | 338.88 | +0.018% | $265K | $394K | 10x | |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.99 | +0.050% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.71 | −0.033% | $1.5M | $2.4M | 20x | as long as short |
| Lighter AAPL | +0.0056% | 1h | 338.98 | +0.048% | $769K | $2.5M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 339.01 | +0.056% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 338.98 | +0.047% | $36K | — | 20x | as long as short |
| Nado AAPL-PERPlong | +0.0085% | 1h | 338.82 | long leg | $556K | $34K | 20x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.84 | +0.006% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.74 | −0.024% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.94 | +0.035% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.02 | +0.058% | $11K | — | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0134% | 1h | 338.92 | +0.029% | $28K | $65K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | +0.062% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0184% | 1h | 338.98 | +0.047% | $40.9M | $76.6M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.55 | +0.215% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0354% | 1h | 339.06 | +0.071% | $2K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0364% | 1h | 338.98 | +0.047% | $270K | $70K | 20x | as long as short |
Polymarket Perps AAPL-USD
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
SoDEX AAPL-USD
Lighter AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Deribit AAPL_USDC-PERPETUAL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Phoenix AAPL