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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0356%/8h= +39.0% APRnext payment +$0.44 per $10,000 · paid last 24h +0.107%
Price spread now: Nado against dYdX−0.442%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1361.355% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.175%+$17 on $10k
Price spread, last 4 days (all we have)+0.923%+$92 · spread now −0.442%, 7d avg +0.033%
Together, before fees+1.098%+ Points / potential airdropNado: Active · farm board+$110 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.476% cheaper against dYdX than usual: you would sell low and buy high (spread −0.442% now, against its 7-day average of +0.033%). If the spread goes back, that is −$48 on $10k: about 4.5 days of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX NEAR-USD4.32560get 0.0000% / 1h44m 23s$108K$69K10x
ShortNado NEAR-PERP4.30650.0356get 0.0044% / 1h44m 23s$1.9M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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
$74.74
Price spread: −0.442% → +0.033%
−$47.58
Slippage, 4 orders
−$118.5
Fee dYdX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$108.35
Costs to cover
1.355%
Break-even
17.1 days
Slippage from dYdX: live order book, 24 min ago; Nado: live order book, 5 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 dYdX live order book, 24 min ago53.24 bp59.6 bp −$6062.5 bp −$62585.4 bp −$8,538138.1 bp −$69.1K
Sell Nado live order book, 5 min ago1.85 bp9.5 bp −$917.1 bp −$171doesn'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%1h4.3023−0.538%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3415+0.367%$2.2M$13.5M50xas long as short
dYdX NEAR-USDlong0.0000%1h4.3256long leg$108K$69K10x
Kalshi KXNEARPERP0.0000%8h4.3475+0.505%$521K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3081−0.405%$200K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.268%$578$302K12xas long as short
Variational Omni NEAR+0.0040%8h4.3438+0.421%$8.2M$19.1Mas long as short
Phemex NEARUSDT+0.0089%8h4.3340+0.193%$3.8M$8.3M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3130−0.292%$115K$477K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3138−0.274%$57K$161K20xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.3308+0.119%$409K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3109−0.340%$258.1M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3102−0.357%$219.4M$419.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3110−0.338%$61.1M$278.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3250−0.015%$205K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3300+0.101%$247K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3062−0.449%$30.9M$60.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3090−0.385%$76.0M$137.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3080−0.408%$55.4M$42.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3135−0.281%$71.5M$123.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3120−0.315%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3320+0.146%$260K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3229−0.063%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3310+0.124%$179K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3147−0.253%$223K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3200−0.130%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3127−0.299%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3460+0.471%$442K$3.9M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3225−0.073%$31K$60810xas long as short
Aster NEARUSDT+0.0102%8h4.3257+0.002%$3.0M$5.8M50xas long as short
Extended NEAR-USD+0.0104%1h4.3125−0.303%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3157−0.230%$201K$34K3xas long as short
Kraken Futures PF_NEARUSD+0.0219%1h4.3146−0.254%$7.9M$39.9M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3220−0.084%$13.2M$27.6M75xas long as short
Nado NEAR-PERPshort+0.0356%1h4.3065−0.442%$1.9M$3.1M10x
GMX NEAR/USD [ETH-USDC]L +0.0358% / S −0.0277%1h4.3073−0.424%$258K100xas long as short
01 Exchange NEARUSD+0.0392%1h4.3173−0.193%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3172−0.194%$538K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3533+0.640%$1.8M$2.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0608%1h4.3146−0.255%$1.9M$4.1M25xas long as short
Lighter RH NEAR+0.0760%1h4.3356+0.230%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0808%1h4.3115−0.327%$362.7M$305.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0849%1h4.3435+0.413%$1.3M$6.0M20xas long as short
Lighter NEAR+0.1456%1h4.3394+0.318%$17.3M$24.6M15xas long as short
Aftermath Perps NEARUSD+0.1477%1h4.3245−0.026%$5K$12K10xas long as short