Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NEAR-PERP-INTX4.31400.0256pay 0.0032% / 1h35m 07s$2.3M$15.9M50x
ShortNado NEAR-PERP4.31030.0344get 0.0043% / 1h35m 07s$1.7M$3.2M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago5.83 bp11.6 bp −$1218.7 bp −$187doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago0.70 bp5.5 bp −$614.4 bp −$144doesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3095−0.104%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3083−0.133%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3077−0.146%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.010%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3120−0.046%$113K$500K50xas long as short
Binance NEARUSDT+0.0100%8h4.3070−0.162%$263.2M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3057−0.192%$214.2M$420.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3070−0.162%$60.6M$285.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2850−0.672%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3072−0.158%$32.4M$59.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.3130−0.023%$73.3M$143.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3120−0.046%$52.0M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3071−0.160%$71.2M$127.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3080−0.139%$143.7Mas long as short
Variational Omni NEAR+0.0100%8h4.2998−0.328%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2986−0.356%$251K$949K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2990−0.348%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3133−0.016%$263K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3129−0.025%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3190+0.116%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3200+0.139%$464K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3120−0.046%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3096−0.102%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.31400.000%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.31400.000%$13.3M$31.8M75xas long as short
Kalshi KXNEARPERP+0.0250%8h4.3101−0.090%$858K$24.5M2.2xas long as short
Coinbase International NEAR-PERP-INTXlong+0.0256%1h4.3140long leg$2.3M$15.9M50x
ApeX Omni NEARUSDT+0.0281%1h4.2980−0.371%$165K$794K50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0311% / S −0.0198%1h4.3076−0.147%$233K100xas long as short
Aster NEARUSDT+0.0337%8h4.3054−0.200%$2.8M$5.3M50xas long as short
Nado NEAR-PERPshort+0.0344%1h4.3103−0.085%$1.7M$3.2M10x
Extended NEAR-USD+0.0536%1h4.3098−0.098%$3.7M$19.8M25xas long as short
SoDEX NEAR-USD+0.0604%1h4.3105−0.081%$6K$53K10xas long as short
Backpack NEAR_USDC_PERP+0.0660%1h4.3120−0.046%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0715%1h4.3119−0.049%$352.3M$310.0M10xas long as short
Kraken Futures PF_NEARUSD+0.0734%1h4.3110−0.069%$7.5M$38.7M50xas long as short
01 Exchange NEARUSD+0.0752%1h4.3182+0.097%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.31400.000%$217K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3110−0.069%$395K$1.3M10xas long as short
Lighter NEAR+0.0928%1h4.3168+0.066%$16.9M$25.1M15xas long as short
Phoenix NEAR+0.1033%1h4.3144+0.009%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1104%1h4.3168+0.065%$1.5M$7.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1143%1h4.31400.000%$2.0M$11.0M25xas long as short
RISEx NEAR/USDC+0.1220%1h4.3142+0.004%$694K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1397%1h4.2915−0.522%$5K$12K10xas long as short