Nado Funding Rates — live across 71 markets
PERP · 24h funding interval · paired against 30 other venues · updated every few minutesLive annualized funding for every Nado perpetual market Perpia scans. Right now 31 of 71 markets pay positive funding (longs pay shorts) and 40 pay negative, with a median of -1.8%. The widest delta-neutral spread involving Nado on a market with real depth is CASHCAT: long Nado / short Lighter at 244.7% net APR.
Nado at a glance
venue registryFees are the venue's published default tiers — the ones Perpia uses when a market has no per-market override. Volume and open interest are venue-wide, not per market. Nado website ↗
Nado funding rate history
last 30 days · annualizedOver the last 30 days CASHCAT on Nado averaged +43.0% annualized, ranging from -8.8% to +363.7%; funding was positive 98% of the time. Over the last 30 days GOOGL on Nado averaged +5.8% annualized, ranging from -21.3% to +30.1%; funding was positive 80% of the time. Over the last 30 days SKHY on Nado averaged -4.9% annualized, ranging from -49.1% to +51.7%; funding was positive 38% of the time. Rates are sampled per settlement and annualized, so venues on different intervals stay comparable. A market that spends most of its time on one side of zero is the one worth holding; a rate that crosses zero often pays only while you watch it.
Highest funding on Nado
longs pay shortsMost negative funding on Nado
shorts pay longsBest Nado funding spreads
780 pairs scanned · net of fees| Market | Long | Short | Net APR | Thin leg vol | Max size |
|---|---|---|---|---|---|
| CASHCAT | Nado | Lighter | 244.7% | $1.3M | — |
| CASHCAT | Nado | Aster | 206.7% | $438K | — |
| SKHY | Ondo Perps | Nado | 197.7% | $86K | — |
| BBX | Nado | Variational | 182.4% | $12K | — |
| BBX | Nado | KuCoin | 181.0% | $12K | — |
| GOOGL | Nado | GMTrade | 180.9% | $129K | — |
| BBX | Nado | Bybit | 157.1% | $12K | — |
| XMR | Nado | dYdX | 147.1% | $35K | — |
| ORCL | Nado | Arcus | 129.2% | $21K | — |
| ONDO | Nado | dYdX | 128.7% | $11K | — |
| ORCL | Nado | Variational | 125.5% | $21K | — |
| ORCL | Nado | Ondo Perps | 125.1% | $21K | — |
Net APR is the gross funding spread minus entry and exit fees, both legs' bid/ask spread and estimated slippage. “Max size” is shown only where real order-book depth was available; a dash means the cap is a placeholder, not a measurement.
Nado versus other exchanges
most shared markets firstThe exchanges Nado currently shares the most markets with. Each pair has its own page with the live spread between the two.
Nado funding — FAQ
What is the funding rate on Nado right now?
Across the 71 Nado perpetual markets Perpia tracks, the median annualized funding is -1.8%. 31 markets currently pay positive funding (longs pay shorts) and 40 pay negative. The highest is MSTR at +58.7%.
How often does Nado pay funding?
Nado settles funding every 24 hours on all 71 markets tracked here. Perpia annualizes the rate so it is comparable with venues on other intervals.
What is the best Nado funding arbitrage right now?
Long Nado and short Lighter on CASHCAT, worth about 244.7% net APR after estimated fees — the widest delta-neutral spread involving Nado on a market with at least $1M of 24h volume on the smaller leg in the current snapshot.
How to read a venue funding rate
Funding is a recurring payment between the long and short side of a perpetual, set by each venue from its own perp-versus-spot basis. A positive rate means longs pay shorts. Because every exchange computes it independently — different intervals, clamps and premium windows — the same market can pay positive funding here and negative elsewhere, which is what a delta-neutral funding trade harvests. Perpia annualizes every rate so venues on 1h, 4h and 8h intervals are directly comparable. See the methodology for the exact calculation.