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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0405%/8h= +44.4% APRnext payment +$0.51 per $10,000 · paid last 24h +0.067%
Price spread now: Nado against Extended+0.003%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.067%+$7 on $10k
Price spread, last 7 days+0.080%+$8 · spread now +0.003%, 7d avg +0.095%
Together, before fees+0.148%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.092% cheaper against Extended than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.095%). If the spread goes back, that is −$9 on $10k: about 18 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.067% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.067% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.21040.0104pay 0.0013% / 1h19m 40s$3.9M$14.7M25x
ShortNado NEAR-PERP4.21050.0509get 0.0064% / 1h19m 40s$1.9M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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
$85.06
Price spread: +0.003% → +0.095%
−$9.24
Slippage, 4 orders
−$10.66
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$53.15
Costs to cover
0.227%
Break-even
2.6 days
Slippage from Extended: 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 Extended live order book, 4 min ago0.24 bp4.8 bp −$511.3 bp −$113doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago1.31 bp7.2 bp −$718.6 bp −$186doesn'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%1h4.2083−0.049%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2100−0.008%$2.2M$12.8M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−1.647%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.2114+0.025%$109K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2053−0.120%$431K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2112+0.020%$208K150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.2139+0.083%$7.7M$36.6M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2090−0.032%$112K$483K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2110+0.015%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2192+0.211%$3.0M$5.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2117+0.032%$364K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2104+0.002%$241.4M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2089−0.035%$214.8M$422.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2080−0.056%$58.4M$278.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2060−0.103%$226K$1.7M10xas long as short
Gate NEAR_USDT+0.0100%8h4.2135+0.075%$30.3M$57.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2110+0.015%$83.7M$142.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2130+0.063%$55.4M$44.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2077−0.063%$69.7M$125.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2120+0.039%$136.9Mas long as short
Variational Omni NEAR+0.0100%8h4.1950−0.365%$7.8M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.1795−0.734%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1819−0.676%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1820−0.673%$175K$794K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2122+0.044%$204K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2085−0.044%$54K$165K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2150+0.110%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2110+0.015%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2080−0.056%$3.9M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2042−0.146%$240K$2K10xas long as short
Extended NEAR-USDlong+0.0104%1h4.2104long leg$3.9M$14.7M25x
Aevo NEAR-PERP+0.0104%1h4.2096−0.017%$203K$62K3xas long as short
01 Exchange NEARUSD+0.0120%1h4.2136+0.077%$12K$7K10xas long as short
Lighter RH NEAR+0.0128%1h4.2190+0.205%$1.5M$7.0M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2040−0.151%$12.4M$31.4M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0320%1h4.2133+0.070%$1.9M$2.2M25xas long as short
RISEx NEAR/USDC+0.0364%1h4.2133+0.071%$413K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0382% / S −0.0327%1h4.2110+0.014%$283K100xas long as short
Hyperliquid NEAR+0.0403%1h4.2199+0.227%$356.3M$292.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0493%1h4.2161+0.136%$1.2M$5.7M20xas long as short
Nado NEAR-PERPshort+0.0509%1h4.2105+0.003%$1.9M$3.5M10x
Phoenix NEAR+0.0542%1h4.2035−0.163%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0792%1h4.2195+0.218%$16.1M$23.3M15xas long as short
HTX NEAR-USDT+0.0955%8h4.2220+0.277%$452K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.0959%1h4.1923−0.428%$5K$11K10xas long as short