Funding you earn now, next payment 05:00 UTC+0.0241%/8h= +26.4% APRnext payment +$0.30 per $10,000 · paid last 24h +0.017%
Price spread now: Nado against GMX+0.025%7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.397%−$40 · spread now +0.025%, 7d avg −0.002%
=Together, before fees−0.525%+ Points / potential airdropNado: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Nado is 0.027% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.002%. Mind the row above: over the last 3 days funding on this pair cost −0.127%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NEAR/USD [ETH-USDC] | 4.3477 | L +0.0326% / S −0.0203% | pay 0.0041% / 1h | 25m 09s | $236K | — | 100x |
| Short | Nado NEAR-PERP | 4.3488 | 0.0567 | get 0.0071% / 1h | 25m 09s | $1.8M | $3.2M | 10x |
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.6
- Price spread: +0.025% → −0.002%
- $2.72
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $34.32
- Costs to cover
- 0.190%
- Break-even
- 2.3 days
Slippage unknown: GMX: no order-book sample; Nado: live order book, 4 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 4 min ago | 0.80 bp | 4.3 bp −$4 | 14.0 bp −$140 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.3487 | +0.022% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3561 | +0.193% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3478 | +0.002% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.755% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3638 | +0.369% | $2.4M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3500 | +0.052% | $110K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3518 | +0.094% | $266.7M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3479 | +0.004% | $215.1M | $427.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3470 | −0.017% | $61.7M | $292.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3412 | −0.150% | $247K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3469 | −0.019% | $32.2M | $61.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3510 | +0.075% | $73.3M | $145.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3500 | +0.052% | $53.9M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3464 | −0.031% | $71.4M | $128.7M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3490 | +0.029% | — | $145.9M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3627 | +0.344% | $8.4M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3622 | +0.332% | $255K | $947K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3589 | +0.257% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3640 | +0.374% | $168K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3510 | +0.075% | $278K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3504 | +0.061% | $58K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3560 | +0.190% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3720 | +0.558% | $474K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3500 | +0.052% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3556 | +0.182% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3507 | +0.067% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3540 | +0.144% | $13.5M | $32.3M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3600 | +0.282% | $409K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0285% | 8h | 4.3552 | +0.171% | $783K | $23.3M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0326% / S −0.0203% | 1h | 4.3477 | long leg | $236K | — | 100x | |
| Aster NEARUSDT | +0.0333% | 8h | 4.3520 | +0.098% | $2.9M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0373% | 1h | 4.3470 | −0.017% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0528% | 1h | 4.3604 | +0.291% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERPshort | +0.0567% | 1h | 4.3488 | +0.025% | $1.8M | $3.2M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0581% | 1h | 4.3504 | +0.061% | $1.3M | $6.7M | 20x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3600 | +0.282% | $213K | $1.6M | 10x | as long as short |
| Hyperliquid NEAR | +0.0636% | 1h | 4.3515 | +0.086% | $356.9M | $317.8M | 10x | as long as short |
| Extended NEAR-USD | +0.0648% | 1h | 4.3453 | −0.057% | $3.8M | $20.0M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0709% | 1h | 4.3479 | +0.004% | $7.6M | $39.3M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0785% | 1h | 4.3513 | +0.082% | $1.9M | $9.0M | 25x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.3544 | +0.153% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3721 | +0.560% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1120% | 1h | 4.3559 | +0.187% | $17.6M | $25.0M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3568 | +0.209% | $690K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1534% | 1h | 4.3550 | +0.166% | $5K | $12K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
Aster NEARUSDT
SoDEX NEAR-USD
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Arcus NEAR-USD
Hyperliquid NEAR
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD