Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.06 per $10,000 · paid last 24h +0.002%
Price spread now: SunX against Nado+0.063%7-day average +0.041% · 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−$200as in the Price arb table
costs, in and out, $10k−$2032.027% of the position
Funding, last 4 days (all we have)−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.063%, 7d avg +0.041%
=Together, before fees−0.056%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.022% dearer against Nado than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.041%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 4 days (−0.015% in total) that is about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado EURUSD-PERP | 1.1455 | 0.0051 | pay 0.0006% / 1h | 4m 10s | $466K | $158K | 40x |
| Short | SunX EURUSD-USDT | 1.1462 | 0 | get 0.0000% / 1h | 4m 10s | — | $2.4M | 10x |
Nado EURUSD-PERP
SunX EURUSD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.75
- Price spread: +0.063% → +0.041%
- $2.16
- Slippage, 4 orders
- −$193.26
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$211.24
- Costs to cover
- 2.027%
- Break-even
- never at this rate
Slippage from Nado: live order book, 34 min ago; SunX: live order book, 3 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, 34 min ago | 0.52 bp | 3.9 bp −$4 | 4.7 bp −$47 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 80.70 bp | 99.2 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0182% | 4h | 1.1458 | +0.028% | $6.8M | $139K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0020% | 1h | 1.1454 | −0.007% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1475 | +0.173% | $579K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1465 | +0.089% | $143K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1471 | +0.141% | $263K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1453 | −0.016% | $246K | $122K | 50x | as long as short |
| SunX EURUSD-USDTshort | 0.0000% | 1h | 1.1462 | +0.063% | — | $2.4M | 10x | |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1465 | +0.089% | $12K | $272K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1453 | −0.018% | $6.8M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | +0.101% | $9K | $78K | 101x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1485 | +0.263% | — | $224K | 100x | as long as short |
| Nado EURUSD-PERPlong | +0.0051% | 1h | 1.1455 | long leg | $466K | $158K | 40x | |
| Lighter EURUSD | +0.0064% | 1h | 1.1462 | +0.066% | $2.1M | $511K | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1454 | −0.007% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1459 | +0.040% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0226% | 1h | 1.1463 | +0.072% | $23.2M | $1.7M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0240% | 1h | 1.1462 | +0.063% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0256% | 1h | 1.1458 | +0.029% | $168K | $8.4M | 30x | as long as short |
Vest EUR-USD-PERP
Lighter EURUSD
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR
Hotstuff EURUSD-PERP
Hibachi EUR/USDT-P