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+0.0311%/8h= +34.1% APRpaid last 24h +0.080%
Price spread now: Nado against MEXC−0.153%51s7-day average +0.041% · 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−$160.160% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.079%+$8 on $10k
Price spread, last 7 days+0.180%+$18 · spread now −0.153%, 7d avg +0.041%
Together, before fees+0.259%+ Points / potential airdropNado: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.195% cheaper against MEXC than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of +0.041%). If the spread goes back, that is −$19 on $10k: about 2.1 days of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.079% in total) that is about 8.1 days. The two prices were read 51 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 0.079% in total (about 8.7% 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
LongMEXC NEAR_USDT4.36500.0100pay 0.0100% / 8h5h 54m$75.8M$139.5M200x
ShortNado NEAR-PERP4.35830.0411get 0.0051% / 1h54m 47s$1.9M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$65.39
Price spread: −0.153% → +0.041%
−$19.47
Slippage, 4 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$29.91
Costs to cover
0.160%
Break-even
3.8 days
Slippage from MEXC: 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 MEXC live order book, 4 min ago1.14 bp1.1 bp −$15.1 bp −$5134.1 bp −$3,41284.6 bp −$42.3K
Sell Nado live order book, 4 min ago0.46 bp7.4 bp −$716.1 bp −$161doesn't fitdoesn't fit

NEAR on 44 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%1h4.3584−0.151%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3617−0.076%$2.2M$14.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.3653+0.006%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3641−0.021%$539K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3573−0.175%$197K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.132%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3620−0.069%$114K$488K50xas long as short
Pacifica NEAR+0.0100%1h4.3679+0.067%$412K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3670+0.046%$264.9M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3642−0.018%$220.3M$416.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3620−0.069%$62.2M$287.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3657+0.016%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3720+0.160%$31.5M$61.6M75xas long as short
MEXC NEAR_USDTlong+0.0100%8h4.3650long leg$75.8M$139.5M200x
KuCoin NEARUSDTM+0.0100%8h4.3670+0.046%$54.0M$43.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3624−0.060%$71.6M$126.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3720+0.160%$144.1Mas long as short
Variational Omni NEAR+0.0100%8h4.3808+0.361%$8.4M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3645−0.012%$267K$993K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3657+0.016%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3610−0.092%$194K$777K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3636−0.032%$204K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3603−0.108%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3670+0.046%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3625−0.057%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3720+0.160%$456K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.36500.000%$3.8M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3658+0.019%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3692+0.095%$3.8M$18.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3628−0.050%$203K$34K3xas long as short
Aster NEARUSDT+0.0187%8h4.3702+0.120%$3.0M$5.5M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0278%1h4.3618−0.073%$1.9M$4.3M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0348% / S −0.0243%1h4.3565−0.194%$255K100xas long as short
01 Exchange NEARUSD+0.0408%1h4.3659+0.021%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.3680+0.069%$208K$1.7M10xas long as short
Nado NEAR-PERPshort+0.0411%1h4.3583−0.153%$1.9M$3.0M10x
Backpack NEAR_USDC_PERP+0.0548%1h4.3700+0.115%$1.4M$6.4M20xas long as short
Phoenix NEAR+0.0592%1h4.3900+0.573%$1.8M$2.7M10xas long as short
Kraken Futures PF_NEARUSD+0.0706%1h4.3652+0.005%$8.1M$41.0M50xas long as short
Hyperliquid NEAR+0.0778%1h4.3724+0.170%$368.2M$303.8M10xas long as short
Lighter RH NEAR+0.0816%1h4.3729+0.181%$1.6M$6.9M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3664+0.032%$550K$1.3M10xas long as short
Lighter NEAR+0.0944%1h4.3769+0.272%$17.5M$25.5M15xas long as short
Aftermath Perps NEARUSD+0.1691%1h4.3645−0.012%$5K$12K10xas long as short