Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.2056 | +0.0062 | pay 0.0008% / 1h | 35m 50s | $55K | $213K | 20x | Long Bullet | |
| SHORT | 5.2030 | +0.0100 | get 0.0012% / 1h | 35m 50s | $1.8M | $3.8M | 10x | Short Nado20% off |
Price gap−0.050%
Funding gap+0.0038% /8h
Funding pays +$1 a day on $10k, but the gap is 0.049% under its 7d average: −$5 if it goes back, about 4.3 days of funding. At the last 7 days' pace that is about 16 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$48+0.0038% /8h now · paid +0.476% over the last 7D
Price−$5spread −0.050% now, avg −0.001% → −0.049% if it goes back
Costs−$290.289% of $10k · taker + slippage, in and out
Result+$14+0.14%+ Points / potential airdropNado: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.050%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 45 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest5.4 / 9.5 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$500 + $1,000Bullet 20x, Nado 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.14Long Bullet: 24 payments, −$1.86; short Nado: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.050% vs −0.001%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$55K vs $1.8M OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- OK: No KYC on either legBullet No · Nado NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0248%/8h × 21 periods+$52.13
Price spread−0.050% → −0.001% (7d avg)−$4.87
Slippage, 4 orderslive order books−$13.85
Fee Bullet bp × 2 orders−$8.00
Fee Nado bp × 2 orders−$7.00
Net · 7 days · $10k+$18.41
Costs to cover0.289%Break-even4.5 days
Slippage: Bullet: live order book, 22 min ago; Nado: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet0.755.4 bp−$511.1 bp−$111doesn’t fitdoesn’t fit
SELL · SHORTNado1.539.5 bp−$1026.9 bp−$269doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |

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