NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0199%/8h= −21.8% APRnext payment −$0.25 per $10,000 · paid last 24h +0.034%

Price spread now: Nado against Deribit+0.069%7-day average −0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.119%−$12 on $10k

Price spread, last 4 days (all we have)−1.310%−$131 · spread now +0.069%, 7d avg −0.079%

Together, before fees−1.429%+ Points / potential airdropNado: Active · farm board−$143 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.149% dearer against Deribit than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.079%): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NEAR_USDC-PERPETUAL	4.5531	0.0585	pay 0.0073% / 1h	12m 01s	$2.0M	$4.5M	25x
Short	Nado NEAR-PERP	4.5562	0.0386	get 0.0048% / 1h	12m 01s	$2.0M	$3.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee NadobpOrdersPrice spread, now +0.069%Rate

Funding earned: −$41.88
Price spread: +0.069% → −0.079%: $14.86
Slippage, 4 orders: −$24.37
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$65.4
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from Deribit: live order book, 2 min ago; Nado: live order book, 2 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 Deribit live order book, 2 min ago	5.03 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	4.37 bp	8.1 bp −$8	20.1 bp −$201	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	4.5524	−0.016%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.5542	+0.024%	$2.2M	$15.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.5642	+0.245%	$113K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.5662	+0.288%	$489K	$21.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.5473	−0.127%	$170K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−9.051%	$578	$302K	12x	as long as short
Phemex NEARUSDT	+0.0085%	8h	4.5470	−0.134%	$3.9M	$8.3M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.5580	+0.108%	$114K	$512K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.5659	+0.281%	$435K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5517	−0.031%	$278.8M	$1.11B	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NEARUSDT	+0.0100%	8h	4.5490	−0.090%	$227.9M	$424.9M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.5480	−0.112%	$65.6M	$308.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5467	−0.142%	$259K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.5479	−0.114%	$33.0M	$64.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.5520	−0.024%	$78.3M	$147.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.5510	−0.046%	$55.9M	$45.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.5481	−0.110%	$74.9M	$129.5M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.5460	−0.156%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.5466	−0.142%	$8.8M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.5651	+0.263%	$274K	$989K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.5626	+0.208%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.5600	+0.152%	$175K	$797K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.5570	+0.086%	$214K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.5521	−0.022%	$58K	$237K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.5620	+0.195%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.5500	−0.068%	$9K	$54K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.5720	+0.415%	$473K	$4.1M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.5605	+0.162%	$33K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.5535	+0.009%	$212K	$40K	3x	as long as short
Extended NEAR-USD	+0.0120%	1h	4.5470	−0.135%	$4.3M	$19.2M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.5670	+0.305%	$13.8M	$34.1M	75x	as long as short
Aster NEARUSDT	+0.0306%	8h	4.5520	−0.025%	$3.1M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0362% / S −0.0249%	1h	4.5512	−0.041%	$275K	—	100x	as long as short
Nado NEAR-PERPshort	+0.0386%	1h	4.5562	+0.069%	$2.0M	$3.2M	10x
01 Exchange NEARUSD	+0.0392%	1h	4.5612	+0.178%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.5680	+0.327%	$221K	$1.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUALlong	+0.0585%	1h	4.5531	long leg	$2.0M	$4.5M	25x
Backpack NEAR_USDC_PERP	+0.0588%	1h	4.5496	−0.077%	$1.4M	$6.7M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0677%	1h	4.5533	+0.003%	$8.4M	$41.3M	50x	as long as short
Lighter RH NEAR	+0.0720%	1h	4.5557	+0.057%	$1.6M	$7.1M	10x	as long as short
Hyperliquid NEAR	+0.0815%	1h	4.5531	0.000%	$381.9M	$321.1M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.5923	+0.861%	$1.9M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.5639	+0.236%	$576K	$1.4M	10x	as long as short
Lighter NEAR	+0.1184%	1h	4.5546	+0.034%	$18.3M	$26.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1600%	1h	4.5512	−0.042%	$6K	$12K	10x	as long as short