Nado lists 53 perpetual markets with funding rate data. The current mean funding rate across Nado perps is -0.06 bps (-0.64% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest Nado funding rates

• SPY: 6.47 bps (70.82% APY)
• QQQ: 5.89 bps (64.45% APY)
• NVDA: 4.29 bps (47.01% APY)

Lowest Nado funding rates

• GBPUSD: -11.79 bps (-129.10% APY)
• ZEC: -5.50 bps (-60.19% APY)
• ONDO: -4.82 bps (-52.75% APY)

Largest absolute Nado funding rates

Markets with the most extreme Nado funding (positive or negative): GBPUSD (-11.79 bps), SPY (6.47 bps), QQQ (5.89 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 2026-06-06 20:53:08 (UTC).