Nado lists 53 perpetual markets with funding rate data. The current mean funding rate across Nado perps is 0.12 bps (1.27% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Nado funding rates

• XMR: 10.12 bps (110.84% APY)
• MSFT: 1.30 bps (14.24% APY)
• ETH: 1.00 bps (10.95% APY)

Lowest Nado funding rates

• MON: -11.88 bps (-130.10% APY)
• QQQ: -6.03 bps (-66.00% APY)
• TON: -4.22 bps (-46.16% APY)

Largest absolute Nado funding rates

Markets with the most extreme Nado funding (positive or negative): MON (-11.88 bps), XMR (10.12 bps), QQQ (-6.03 bps).

About Nado funding rates

Funding payments keep Nado perpetual contracts pinned to the underlying spot price. A positive Nado funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative Nado funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so Nado can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.

Last updated 2026-06-04 21:59:40 (UTC).