Na
Nado
liveInk (OP Stack L2) · Perpetual DEX funding rates, fees and arbitrage pairs on Nado.
Visit Nado
Plain link — no referral.
- Fees (taker / maker)
- 3.5 / 1 bps
- Funding interval
- every 1h
- Markets tracked
- 82
- Points program
- Season 2 · weekly
Key facts
- Status
- live
- Type
- Decentralized exchange (DEX)
- Chain
- Ink (OP Stack L2)
- Fees (taker / maker)
- 3.5 / 1 bps
Entry tier: makers pay 1 bp. Falls to 1.5 / −0.8 bps at $5B+ of volume. Minimum order about $100. - Funding interval
- every 1h
- Points program
- Season 2 since 21 May 2026, no end date: a weekly pool of 300k–950k points that grows with venue volume. Scores trading, market making and liquidations, penalizes toxic and wash flow; the NLP vault and referrals also earn. No token confirmed.
- Markets tracked
- 82
- Restricted regions
- None listed — check the exchange's terms for your country.
Referral rewards are unavailable in some jurisdictions; the list is not in our sources.
Notes
Built by the former Vertex team. Weekly maintenance on Monday and Thursday at 22:30 UTC.
Top pairs with Nado
| Spread APR | After taker fees | Quality | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | ||||||||||||
| JUPPmlong Polymarket, short NadoNa | PmPolymarket | NaNado | 77.9% | 70.1% | 41.0% | 14.2% | 37.1% | 55.6% | 1.3d | steady | $184k | invite only | PmNa | calc | |
| BONKNalong Nado, short LighterLi | NaNado | LiLighter | 44.2% | 36.4% | 34.6% | 23.8% | 32.7% | 49.1% | 0.7d | steady | $110k | NaLi | calc | ||
| BONKNalong Nado, short HyperliquidHy | NaNado | HyHyperliquid | 44.7% | 36.5% | 34.3% | 29.8% | 30.1% | 45.1% | 1.7d | steady | $110k | NaHy | calc | ||
| CHIPMxlong MEXC, short NadoNa | MxMEXCCEX | NaNado | 49.9% | 53.0% | 32.6% | 25.0% | 29.7% | 44.5% | 1.2d | steady | $335k | 4h/1h | MxNa | calc | |
| CHIPExlong Extended, short NadoNa | ExExtended | NaNado | 50.6% | 51.2% | 32.4% | 24.6% | 29.3% | 44.0% | 1.4d | steady | $335k | ExNa | calc | ||
| BONKNalong Nado, short AsterAs | NaNado | AsAster | 44.7% | 36.8% | 33.0% | 22.1% | 29.1% | 43.7% | 1.7d | steady | $88k | 1h/4h | NaAs | calc | |
| CHIPAslong Aster, short NadoNa | AsAster | NaNado | 47.1% | 49.9% | 32.9% | 25.4% | 29.0% | 43.4% | 1.7d | steady | $113k | 4h/1h | AsNa | calc | |
| WLFINalong Nado, short AsterAs | NaNado | AsAster | 11.4% | 9.1% | 32.5% | 8.7% | 28.5% | 42.8% | 1.7d | steady | $92k | 1h/4h | NaAs | calc | |
| CHIPBnlong Binance, short NadoNa | BnBinanceCEX | NaNado | 49.8% | 51.4% | 32.6% | 25.2% | 28.1% | 42.2% | 1.9d | steady | $335k | 4h/1h | BnNa | calc | |
| BONKNalong Nado, short VariationalVa | NaNado | VaVariational | 44.7% | 36.8% | 27.4% | 17.8% | 25.6% | 38.4% | 0.9d | steady | $74k | 1h/4hspread not incl. | NaVa | calc | |
| BONKNalong Nado, short GateGt | NaNado | GtGateCEX | 39.0% | 32.0% | 29.0% | 17.9% | 23.3% | 34.9% | 2.8d | steady | $110k | 1h/4h | NaGt | calc | |
| CHIPBylong Bybit, short NadoNa | ByBybitCEX | NaNado | 46.6% | 44.7% | 27.3% | 27.3% | 22.6% | 33.9% | 2.4d | steady | $335k | 4h/1h | ByNa | calc | |
| BONKNalong Nado, short BybitBy | NaNado | ByBybitCEX | 44.7% | 32.7% | 27.0% | 17.6% | 22.3% | 33.4% | 2.4d | steady | $110k | 1h/4h | NaBy | calc | |
| BONKNalong Nado, short BitgetBg | NaNado | BgBitgetCEX | 44.7% | 31.6% | 26.6% | 20.7% | 21.6% | 32.4% | 2.6d | steady | $110k | 1h/4h | NaBg | calc | |
| MONNalong Nado, short RISExRx | NaNado | RxRISEx | 22.9% | 22.0% | 23.6% | — | 20.2% | 30.3% | 2.0d | new | $73k | NaRx | calc | ||
| ANSEMNalong Nado, short LighterLi | NaNado | LiLighter | −0.4% | 20.1% | 42.0% | 51.8% | 40.2% | 60.2% | 0.6d | cooling | $0 | low OI | NaLi | calc | |
| CHIPGtlong Gate, short NadoNa | GtGateCEX | NaNado | 49.7% | 53.7% | 25.3% | 22.5% | 19.6% | 29.4% | 3.2d | steady | $335k | 4h/1h | GtNa | calc | |
| BONKNalong Nado, short GRVTGr | NaNado | GrGRVT | 44.7% | 33.9% | 23.7% | 15.7% | 19.5% | 29.3% | 2.5d | steady | $110k | 1h/4h | NaGr | calc | |
| DOGEPmlong Polymarket, short NadoNa | PmPolymarket | NaNado | 53.8% | 50.0% | 23.2% | 12.5% | 19.3% | 29.0% | 2.4d | steady | $193k | invite only | PmNa | calc | |
| NEARValong Variational, short NadoNa | VaVariational | NaNado | 1.8% | 3.9% | 21.0% | 18.1% | 19.2% | 28.8% | 1.2d | steady | $2.0M | 8h/1hspread not incl. | VaNa | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Markets on Nado
| Flags | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| SKY | SKY-PERP_USDT0 | −69.9% | −15.7% | −2.0% | 2.8% | 0.3% | 57% | 1h | $131k | $159k | |
| CHIP | CHIP-PERP_USDT0 | 57.6% | 47.8% | 31.2% | 31.1% | 28.4% | 86% | 1h | $335k | $33k | |
| EIGEN | EIGEN-PERP_USDT0 | −43.3% | −23.6% | −27.7% | −10.6% | −28.4% | 2% | 1h | $30k | $9k | |
| DELL | DELL-PERP_USDT0 | −34.5% | −1.6% | −3.1% | 25.3% | −3.4% | 43% | 1h | $33k | $3k | TradFi |
| WTI | WTI-PERP_USDT0 | −34.1% | −38.4% | −32.7% | −20.1% | −31.7% | 12% | 1h | $771k | $220k | TradFi |
| BONK | kBONK-PERP_USDT0 | −33.7% | −25.9% | −24.2% | −12.8% | −23.9% | 13% | 1h | $110k | $32k | |
| SKHY | SKHY-PERP_USDT0 | 29.2% | 28.0% | 5.4% | −12.2% | 1.7% | 54% | 1h | $117k | $7k | TradFi |
| NBIS | NBIS-PERP_USDT0 | 28.5% | 13.5% | 17.5% | 4.1% | 18.2% | 82% | 1h | $91k | $3k | TradFi |
| HIMS | HIMS-PERP_USDT0 | 27.8% | 7.1% | 1.3% | −2.9% | 0.3% | 54% | 1h | $2k | $7k | TradFi |
| BBX | BBX-PERP_USDT0 | −27.4% | −0.9% | −0.5% | 28.0% | −0.5% | 52% | 1h | $17k | $213 | TradFi |
| SNDK | SNDK-PERP_USDT0 | 26.3% | 4.5% | 10.5% | 2.9% | 11.5% | 77% | 1h | $271k | $597k | TradFi |
| INTC | INTC-PERP_USDT0 | 18.9% | 9.8% | 11.8% | 12.6% | 12.1% | 86% | 1h | $215k | $71k | TradFi |
| META | META-PERP_USDT0 | 18.0% | 10.2% | 16.1% | 8.8% | 17.1% | 89% | 1h | $385k | $31k | TradFi |
| LTC | LTC-PERP_USDT0 | −13.5% | 0.4% | 0.2% | 5.6% | 0.2% | 56% | 1h | $188k | $22k | |
| EURUSD | EURUSD-PERP_USDT0 | −12.9% | −16.5% | −11.6% | −5.2% | −10.8% | 16% | 1h | $429k | $32k | TradFi |
| NEAR | NEAR-PERP_USDT0 | 12.8% | 12.4% | 26.6% | 24.1% | 28.9% | 100% | 1h | $2.0M | $2.9M | |
| MON | MON-PERP_USDT0 | −11.4% | −3.4% | −7.2% | 7.0% | −7.9% | 43% | 1h | $742k | $303k | |
| CRCL | CRCL-PERP_USDT0 | 11.2% | −5.3% | 9.5% | 25.9% | 11.9% | 79% | 1h | $337k | $5k | TradFi |
| ARB | ARB-PERP_USDT0 | 10.9% | 3.2% | 0.5% | 0.1% | 0.0% | 4% | 1h | $0 | $0 | |
| AXS | AXS-PERP_USDT0 | 10.9% | 3.2% | 0.5% | 0.1% | 0.0% | 4% | 1h | $0 | $0 | |
| CASHCAT | CASHCAT-PERP_USDT0 | 10.9% | 10.9% | 10.2% | 52.3% | 10.1% | 98% | 1h | $42k | $30k | |
| DOGE | DOGE-PERP_USDT0 | 10.9% | 6.5% | 5.5% | 9.4% | 5.3% | 83% | 1h | $378k | $51k | |
| HYPE | HYPE-PERP_USDT0 | 10.9% | 8.6% | 9.4% | 9.7% | 9.6% | 97% | 1h | $6.7M | $17.2M | |
| LIT | LIT-PERP_USDT0 | 10.9% | 9.7% | 10.8% | 9.1% | 11.0% | 99% | 1h | $1.5M | $1.3M | |
| ONDO | ONDO-PERP_USDT0 | 10.9% | 7.9% | 9.4% | 11.8% | 9.6% | 94% | 1h | $1.0M | $656k | |
| PENG | PENG-PERP_USDT0 | 10.9% | 11.0% | 11.0% | 11.1% | 11.0% | 100% | 1h | $75k | $1k | TradFi |
| PONS | PONS-PERP_USDT0 | 10.9% | 10.9% | 11.1% | 14.2% | 11.1% | 100% | 1h | $52k | $5k | |
| SOL | SOL-PERP_USDT0 | 10.9% | 10.4% | 2.4% | 4.4% | 1.1% | 64% | 1h | $4.4M | $23.8M | |
| TAO | TAO-PERP_USDT0 | 10.9% | 6.2% | 7.3% | 17.2% | 7.5% | 88% | 1h | $705k | $348k | |
| TON | TON-PERP_USDT0 | 10.9% | 11.1% | 11.2% | 11.3% | 11.2% | 97% | 1h | $147k | $2k | |
| USELESS | USELESS-PERP_USDT0 | 10.9% | 10.9% | 10.9% | 15.4% | 10.9% | 100% | 1h | $32k | $2k | |
| VVV | VVV-PERP_USDT0 | 10.9% | 10.9% | 9.9% | 10.7% | 9.7% | 98% | 1h | $179k | $33k | |
| XAUT | XAUT-PERP_USDT0 | 10.9% | 11.0% | 11.0% | 9.4% | 11.0% | 100% | 1h | $4.1M | $482k | TradFi |
| XMR | XMR-PERP_USDT0 | 10.9% | 7.0% | 16.6% | 37.5% | 18.2% | 98% | 1h | $929k | $24k | |
| ZEC | ZEC-PERP_USDT0 | 10.9% | 10.7% | 11.2% | 9.6% | 11.3% | 100% | 1h | $2.2M | $5.4M | |
| ZHIPU | ZHIPU-PERP_USDT0 | 10.9% | 10.9% | 11.0% | 10.9% | 11.0% | 100% | 1h | $37k | $2k | TradFi |
| ZRO | ZRO-PERP_USDT0 | 10.9% | 10.9% | 11.6% | 28.7% | 11.7% | 99% | 1h | $816k | $244k | |
| ANSEM | ANSEM-PERP_USDT0 | 10.9% | 3.2% | 0.5% | 0.1% | 0.0% | 4% | 1h | $0 | $0 | |
| FARTCOIN | FARTCOIN-PERP_USDT0 | 10.9% | 11.2% | 13.6% | 22.2% | 14.0% | 100% | 1h | $549k | $143k | |
| VIRTUAL | VIRTUAL-PERP_USDT0 | 10.9% | 3.2% | 0.5% | 0.1% | 0.0% | 4% | 1h | $0 | $0 | |
| JUP | JUP-PERP_USDT0 | 10.9% | 10.5% | 7.3% | 8.4% | 6.8% | 86% | 1h | $233k | $239k | |
| ADA | ADA-PERP_USDT0 | 10.9% | 3.2% | 0.5% | 0.1% | 0.0% | 4% | 1h | $0 | $0 | |
| BERA | BERA-PERP_USDT0 | 10.9% | 3.2% | 0.5% | 0.1% | 0.0% | 4% | 1h | $0 | $0 | |
| ENA | ENA-PERP_USDT0 | 10.9% | 10.7% | 7.4% | 10.7% | 6.8% | 86% | 1h | $979k | $967k | |
| PUMP | PUMP-PERP_USDT0 | 10.9% | 11.0% | 11.0% | 11.6% | 11.0% | 100% | 1h | $1.3M | $838k | |
| PEPE | kPEPE-PERP_USDT0 | 10.9% | 11.0% | 8.5% | 11.1% | 8.1% | 92% | 1h | $150k | $23k | |
| AMZN | AMZN-PERP_USDT0 | 10.6% | 5.0% | 7.0% | 8.3% | 7.3% | 82% | 1h | $367k | $91k | TradFi |
| ASTER | ASTER-PERP_USDT0 | −10.3% | 6.5% | 9.1% | 9.5% | 9.5% | 95% | 1h | $420k | $44k | |
| ORCL | ORCL-PERP_USDT0 | 9.3% | 13.0% | 22.6% | 7.5% | 24.1% | 97% | 1h | $13k | $0 | TradFi |
| MU | MU-PERP_USDT0 | 8.9% | −6.7% | 4.4% | 4.8% | 6.3% | 61% | 1h | $404k | $223k | TradFi |
| AAPL | AAPL-PERP_USDT0 | −8.5% | 0.8% | 5.5% | 1.7% | 6.3% | 77% | 1h | $263k | $74k | TradFi |
| AVAX | AVAX-PERP_USDT0 | 8.4% | −4.2% | −4.2% | 1.0% | −4.2% | 38% | 1h | $188k | $278k | |
| NVDA | NVDA-PERP_USDT0 | 8.4% | 7.2% | 8.2% | 5.7% | 8.3% | 87% | 1h | $650k | $143k | TradFi |
| BTC | BTC-PERP_USDT0 | −7.9% | −2.5% | 1.4% | 3.7% | 2.1% | 63% | 1h | $28.2M | $95.3M | |
| LLY | LLY-PERP_USDT0 | −7.3% | −10.3% | 0.2% | 2.1% | 1.9% | 44% | 1h | $22k | $0 | TradFi |
| SUI | SUI-PERP_USDT0 | 7.0% | 3.7% | 6.2% | 8.9% | 6.6% | 87% | 1h | $768k | $143k | |
| XPL | XPL-PERP_USDT0 | 6.9% | −6.6% | 4.0% | 9.2% | 5.8% | 73% | 1h | $681k | $172k | |
| AVGO | AVGO-PERP_USDT0 | 6.9% | 6.3% | 26.8% | 28.9% | 30.2% | 91% | 1h | $63k | $266 | TradFi |
| WLD | WLD-PERP_USDT0 | 6.7% | 22.8% | 7.3% | 12.7% | 4.7% | 59% | 1h | $301k | $49k | |
| GBPUSD | GBPUSD-PERP_USDT0 | −6.2% | −21.6% | −10.9% | −9.1% | −9.1% | 4% | 1h | $14k | $0 | TradFi |
| MEGA | MEGA-PERP_USDT0 | −6.2% | −5.6% | −5.4% | −4.8% | −5.4% | 8% | 1h | $184k | $47k | |
| TSLA | TSLA-PERP_USDT0 | 6.1% | 1.4% | 3.8% | 6.0% | 4.2% | 63% | 1h | $436k | $6k | TradFi |
| MSFT | MSFT-PERP_USDT0 | −6.0% | 1.3% | −3.4% | −2.4% | −4.1% | 27% | 1h | $526k | $4k | TradFi |
| AMD | AMD-PERP_USDT0 | −5.8% | 0.6% | 0.8% | 7.9% | 0.9% | 53% | 1h | $223k | $554 | TradFi |
| MSTR | MSTR-PERP_USDT0 | 4.9% | −11.6% | −9.9% | 8.3% | −9.7% | 30% | 1h | $122k | $6k | TradFi |
| BNB | BNB-PERP_USDT0 | 4.9% | −4.8% | −2.7% | 4.4% | −2.3% | 51% | 1h | $2.2M | $2.2M | |
| LINK | LINK-PERP_USDT0 | 4.7% | 2.2% | −0.1% | 5.6% | −0.5% | 57% | 1h | $212k | $36k | |
| QQQ | QQQ-PERP_USDT0 | −4.7% | −7.2% | 0.9% | 1.7% | 2.2% | 57% | 1h | $1.2M | $357k | TradFi |
| PENGU | PENGU-PERP_USDT0 | 3.9% | 3.8% | 0.1% | 4.4% | −0.5% | 63% | 1h | $252k | $69k | |
| AAVE | AAVE-PERP_USDT0 | −3.9% | 0.4% | 6.6% | 8.4% | 7.6% | 83% | 1h | $559k | $69k | |
| GOOGL | GOOGL-PERP_USDT0 | 3.9% | 3.7% | 8.8% | 6.3% | 9.7% | 83% | 1h | $474k | $20k | TradFi |
| XAG | XAG-PERP_USDT0 | −2.9% | −0.7% | 12.5% | 11.1% | 14.7% | 85% | 1h | $1.6M | $307k | TradFi |
| SPY | SPY-PERP_USDT0 | −2.8% | 8.1% | 0.9% | 6.7% | −0.3% | 60% | 1h | $1.5M | $1.5M | TradFi |
| BCH | BCH-PERP_USDT0 | −2.4% | 4.4% | 5.4% | 4.5% | 5.6% | 78% | 1h | $344k | $19k | |
| XRP | XRP-PERP_USDT0 | 2.4% | 4.6% | 6.9% | 9.9% | 7.2% | 91% | 1h | $1.0M | $377k | |
| ETH | ETH-PERP_USDT0 | −2.1% | −4.8% | 2.0% | 6.4% | 3.1% | 59% | 1h | $14.5M | $50.5M | |
| UNI | UNI-PERP_USDT0 | 2.1% | −1.7% | 1.0% | 7.0% | 1.5% | 63% | 1h | $545k | $731k | |
| MRVL | MRVL-PERP_USDT0 | −1.4% | −4.1% | −1.4% | 5.4% | −0.9% | 46% | 1h | $68k | $4k | TradFi |
| WLFI | WLFI-PERP_USDT0 | −0.5% | 3.9% | 6.3% | 9.8% | 6.7% | 81% | 1h | $92k | $8k | |
| USDJPY | USDJPY-PERP_USDT0 | 0.3% | −0.9% | −1.3% | −1.2% | −1.3% | 5% | 1h | $99k | $11 | TradFi |
| SPCX | SPCX-PERP_USDT0 | 0.3% | −6.2% | −4.4% | 7.2% | −4.1% | 32% | 1h | $609k | $269k | TradFi |
| SKR | SKR-PERP_USDT0 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0% | 1h | $0 | $0 |