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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0315%/8h= +34.4% APRpaid last 24h +0.084%
Price spread now: Nado against Gate−0.428%50s7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.490% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.086%+$9 on $10k
Price spread, last 7 days+0.419%+$42 · spread now −0.428%, 7d avg +0.049%
Together, before fees+0.505%+ Points / potential airdropNado: Active · farm board+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.476% cheaper against Gate than usual: you would sell low and buy high (spread −0.428% now, against its 7-day average of +0.049%). If the spread goes back, that is −$48 on $10k: about 5.0 days of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.086% in total) that is about 18 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.086% in total (about 9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEAR_USDT4.39630.0100pay 0.0100% / 8h5h 37m$31.6M$62.2M75x
ShortNado NEAR-PERP4.37750.0415get 0.0052% / 1h37m 44s$1.9M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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
$66.07
Price spread: −0.428% → +0.049%
−$47.63
Slippage, 4 orders
−$27.04
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$30.6
Costs to cover
0.490%
Break-even
10.2 days
Slippage from Gate: live order book, 1 min ago; Nado: live order book, 1 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 Gate live order book, 1 min ago2.74 bp19.7 bp −$2031.0 bp −$31040.4 bp −$4,04455.0 bp −$27.5K
Sell Nado live order book, 1 min ago0.34 bp5.5 bp −$514.9 bp −$149doesn'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%1h4.3808−0.352%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3808−0.353%$2.2M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3921−0.096%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3858−0.239%$588K$19.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3851−0.255%$199K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.807%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3780−0.416%$115K$488K50xas long as short
Pacifica NEAR+0.0100%1h4.3943−0.045%$415K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3950−0.030%$267.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3950−0.030%$221.9M$417.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3950−0.030%$62.6M$290.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3650−0.712%$249K−$010xas long as short
Gate NEAR_USDTlong+0.0100%8h4.3963long leg$31.6M$62.2M75x
MEXC NEAR_USDT+0.0100%8h4.3930−0.075%$75.9M$141.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3950−0.030%$55.4M$44.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3972+0.020%$72.4M$126.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3970+0.016%$144.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4286+0.736%$8.6M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4253+0.659%$265K$986K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4147+0.418%$1.5M$1.4M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3823−0.318%$235K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3869−0.214%$60K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3930−0.075%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3875−0.200%$5K$50K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3920−0.098%$454K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3850−0.257%$3.8M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3956−0.015%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3961−0.006%$3.8M$18.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3904−0.134%$204K$34K3xas long as short
Aster NEARUSDT+0.0214%8h4.3955−0.018%$3.0M$5.5M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3840−0.280%$13.5M$31.0M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0350% / S −0.0245%1h4.3851−0.254%$257K100xas long as short
01 Exchange NEARUSD+0.0408%1h4.3813−0.341%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.3990+0.061%$209K$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0412%1h4.4020+0.130%$200K$779K50xas long as short
Nado NEAR-PERPshort+0.0415%1h4.3775−0.428%$1.9M$3.1M10x
Deribit NEAR_USDC-PERPETUAL+0.0571%1h4.3908−0.125%$1.9M$4.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0661%1h4.3911−0.118%$1.4M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0702%1h4.3890−0.166%$8.2M$41.0M50xas long as short
Hyperliquid NEAR+0.0783%1h4.3997+0.077%$370.3M$303.7M10xas long as short
Lighter RH NEAR+0.0800%1h4.3998+0.080%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0855%1h4.4223+0.591%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3986+0.053%$558K$1.3M10xas long as short
Lighter NEAR+0.1448%1h4.4013+0.114%$17.6M$25.8M15xas long as short
Aftermath Perps NEARUSD+0.1748%1h4.3944−0.043%$6K$12K10xas long as short