SPY funding rate on Nado

Funding APR
-7.61%
-0.0208% / 8h
Interval
8h
next 16:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
6
listing this pair

Over the last 30 days, SPY funding on Nado averaged -7.7% APR and stayed positive 30.8% of the time, ranging from -47.8% to +83.1%. Right now it pays shorts pay longs at -7.6% APR, settled every 8h across 6 venues we track. The most reliable delta-neutral pairing for SPY right now is long Nado / short Grvt at +1.5% net APR (low risk, ~4.7d to break even).

as of 2026-07-29 10:40 UTC

SPY funding history on Nadolast 30d

30d average
-7.66%
Range
-48% / 83%
% positive
30.8%
Volatility
15.4
Best delta-neutral pairing
Long Nado / Short Grvt
+1.5% net APR
Backtested (30d)
+25.1%
Stability
88.8%
Risk
low
Breakeven
~4.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How SPY funding compares across venues

ExchangeFunding APR
Decibel+5.26%
Arcus+4.20%
Lighter+3.50%
Grvt+0.00%
Aster+0.00%
Nado-7.61%

Frequently asked

What is the current SPY funding rate on Nado?

SPY on Nado is funding at -7.61% APR (-0.0208% every 8h), paid shorts pay longs, as of 2026-07-29 10:40 UTC.

How often does Nado pay funding on SPY?

Every 8 hours.

How do I earn SPY funding without price risk?

Open a delta-neutral position: long Nado and short Grvt, currently 1.5% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy