Funding you earn now, next payment 01:00 UTC+0.0569%/8h= +62.3% APRnext payment +$0.71 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against Kraken Futures−0.265%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 3 days (all we have)−0.126%−$13 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.265%, 7d avg −0.045%
=Together, before fees−0.092%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.220% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.265% now, against its 7-day average of −0.045%). If the spread goes back, that is −$22 on $10k: about 31 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 3 days funding on this pair cost −0.126%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.126% in total (about -14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NEARUSD | 4.3211 | −0.0130 | get 0.0016% / 1h | 5m 00s | $7.9M | $38.0M | 50x |
| Short | Nado NEAR-PERP | 4.3097 | 0.0439 | get 0.0055% / 1h | 5m 00s | $1.9M | $3.1M | 10x |
Kraken Futures PF_NEARUSD
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. 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
- $119.47
- Price spread: −0.265% → −0.045%
- −$21.99
- Slippage, 4 orders
- −$21.18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $59.31
- Costs to cover
- 0.382%
- Break-even
- 3.5 days
Slippage from Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 4 min ago | 6.82 bp | 12.0 bp −$12 | 18.5 bp −$185 | 58.1 bp −$5,811 | 6294.9 bp −$3.15M |
| Sell Nado live order book, 4 min ago | 0.69 bp | 6.0 bp −$6 | 12.8 bp −$128 | 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 | 4.3097 | −0.265% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSDlong | −0.0130% | 1h | 4.3211 | long leg | $7.9M | $38.0M | 50x | |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3161 | −0.116% | $2.1M | $13.1M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3200 | −0.026% | $360K | $18.8M | 2.2x | as long as short |
| dYdX NEAR-USD | +0.0004% | 1h | 4.3102 | −0.253% | $112K | $64K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3159 | −0.119% | $159K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0010% | 8h | 4.3057 | −0.357% | $8.2M | $18.8M | — | as long as short |
| Phemex NEARUSDT | +0.0021% | 8h | 4.3340 | +0.298% | $3.9M | $8.4M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.168% | $578 | $302K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0040% | 1h | 4.3165 | −0.107% | $13K | $7K | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Phemex NEARUSDT
Injective NEAR/USDC PERP
01 Exchange NEARUSDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.3110 | −0.234% | $115K | $474K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.3179 | −0.074% | $57K | $162K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3080 | −0.303% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3220 | +0.020% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3106 | −0.243% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3477 | +0.616% | $259.4M | $1.05B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3490 | +0.645% | $222.7M | $416.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3480 | +0.622% | $61.5M | $278.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3180 | −0.072% | $205K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3243 | +0.073% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3503 | +0.676% | $31.2M | $61.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3570 | +0.831% | $76.3M | $142.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3540 | +0.761% | $56.5M | $42.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3483 | +0.629% | $72.4M | $122.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3530 | +0.738% | — | $141.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3270 | +0.136% | $258K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3241 | +0.069% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3290 | +0.183% | $181K | $775K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3137 | −0.171% | $204K | $3.4M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3170 | −0.095% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3181 | −0.070% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3360 | +0.345% | $456K | $3.7M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3487 | +0.639% | $3.9M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3167 | −0.102% | $201K | $31K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3250 | +0.090% | $13.2M | $27.7M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0375% / S −0.0308% | 1h | 4.3126 | −0.196% | $276K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3176 | −0.082% | $404K | $1.2M | 10x | as long as short |
| Nado NEAR-PERPshort | +0.0439% | 1h | 4.3097 | −0.265% | $1.9M | $3.1M | 10x | |
| Hyperliquid NEAR | +0.0444% | 1h | 4.3497 | +0.662% | $369.2M | $301.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0488% | 1h | 4.3544 | +0.770% | $1.3M | $5.9M | 20x | as long as short |
| Lighter RH NEAR | +0.0496% | 1h | 4.3262 | +0.118% | $1.6M | $7.0M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3218 | +0.016% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0538% | 1h | 4.3188 | −0.053% | $1.9M | $3.9M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1497% | 1h | 4.3203 | −0.019% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1792% | 1h | 4.3403 | +0.445% | $17.3M | $24.7M | 15x | as long as short |
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD
Lighter NEAR