Funding you earn now, next payment 05:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.133%
Price spread now: Nado against Coinbase International−0.085%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 3 days (all we have)+0.273%+$27 on $10k
+Price spread, last 4 days (all we have)−0.159%−$16 · spread now −0.085%, 7d avg +0.010%
=Together, before fees+0.114%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.095% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of +0.010%). If the spread goes back, that is −$10 on $10k: about 3.6 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.273% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NEAR-PERP-INTX | 4.3140 | 0.0256 | pay 0.0032% / 1h | 35m 07s | $2.3M | $15.9M | 50x |
| Short | Nado NEAR-PERP | 4.3103 | 0.0344 | get 0.0043% / 1h | 35m 07s | $1.7M | $3.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.55
- Price spread: −0.085% → +0.010%
- −$9.5
- Slippage, 4 orders
- −$17.11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$25.07
- Costs to cover
- 0.341%
- Break-even
- 16.5 days
Slippage from Coinbase International: live order book, 4 min ago; Nado: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 4 min ago | 5.83 bp | 11.6 bp −$12 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell Nado live order book, 4 min ago | 0.70 bp | 5.5 bp −$6 | 14.4 bp −$144 | doesn't fit | doesn't fit |
NEAR on 45 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3095 | −0.104% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3083 | −0.133% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3077 | −0.146% | $161K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.010% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3120 | −0.046% | $113K | $500K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3070 | −0.162% | $263.2M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3057 | −0.192% | $214.2M | $420.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3070 | −0.162% | $60.6M | $285.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2850 | −0.672% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3072 | −0.158% | $32.4M | $59.9M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3130 | −0.023% | $73.3M | $143.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3120 | −0.046% | $52.0M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3071 | −0.160% | $71.2M | $127.3M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3080 | −0.139% | — | $143.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2998 | −0.328% | $8.2M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2986 | −0.356% | $251K | $949K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2990 | −0.348% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3133 | −0.016% | $263K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3129 | −0.025% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3190 | +0.116% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3200 | +0.139% | $464K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3120 | −0.046% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3096 | −0.102% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3140 | 0.000% | $201K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3140 | 0.000% | $13.3M | $31.8M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0250% | 8h | 4.3101 | −0.090% | $858K | $24.5M | 2.2x | as long as short |
| Coinbase International NEAR-PERP-INTXlong | +0.0256% | 1h | 4.3140 | long leg | $2.3M | $15.9M | 50x | |
| ApeX Omni NEARUSDT | +0.0281% | 1h | 4.2980 | −0.371% | $165K | $794K | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0311% / S −0.0198% | 1h | 4.3076 | −0.147% | $233K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0337% | 8h | 4.3054 | −0.200% | $2.8M | $5.3M | 50x | as long as short |
| Nado NEAR-PERPshort | +0.0344% | 1h | 4.3103 | −0.085% | $1.7M | $3.2M | 10x | |
| Extended NEAR-USD | +0.0536% | 1h | 4.3098 | −0.098% | $3.7M | $19.8M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0604% | 1h | 4.3105 | −0.081% | $6K | $53K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0660% | 1h | 4.3120 | −0.046% | $1.3M | $6.7M | 20x | as long as short |
| Hyperliquid NEAR | +0.0715% | 1h | 4.3119 | −0.049% | $352.3M | $310.0M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0734% | 1h | 4.3110 | −0.069% | $7.5M | $38.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0752% | 1h | 4.3182 | +0.097% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3140 | 0.000% | $217K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3110 | −0.069% | $395K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0928% | 1h | 4.3168 | +0.066% | $16.9M | $25.1M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3144 | +0.009% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1104% | 1h | 4.3168 | +0.065% | $1.5M | $7.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1143% | 1h | 4.3140 | 0.000% | $2.0M | $11.0M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3142 | +0.004% | $694K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1397% | 1h | 4.2915 | −0.522% | $5K | $12K | 10x | as long as short |
Coinbase International NEAR-PERP-INTX
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
BloFin NEAR-USDT
Kalshi KXNEARPERP
ApeX Omni NEARUSDT
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Extended NEAR-USD
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD