NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0268%/8h= −29.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.061%

Price spread now: Aevo against Nado−0.067%7-day average +0.013% · 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−$85as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.059%−$6 on $10k

Price spread, last 3 days (all we have)+0.676%+$68 · spread now −0.067%, 7d avg +0.013%

Together, before fees+0.617%+ Points / potential airdropNado: Active · farm board+$62 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aevo is 0.080% cheaper against Nado than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.013%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.059% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.33 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	Nado NEAR-PERP	4.1122	0.0372	pay 0.0046% / 1h	11m 04s	$1.8M	$3.6M	10x
Short	Aevo NEAR-PERP	4.1095	0.0104	get 0.0013% / 1h	11m 04s	$199K	$61K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee AevobpOrdersPrice spread, now −0.067%Rate

Funding earned: −$56.2
Price spread: −0.067% → +0.013%: −$7.97
Slippage, 4 orders: −$53.93
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$141.1
Costs to cover: 0.769%
Break-even: never at this rate

Slippage from Nado: live order book, 3 min ago; Aevo: live order book, 13 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 Nado live order book, 3 min ago	0.49 bp	7.4 bp −$7	16.0 bp −$160	doesn't fit	doesn't fit
Sell Aevo live order book, 13 min ago	19.39 bp	29.8 bp −$30	doesn't fit	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	4.1120	−0.005%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0024%	1h	4.1162	+0.097%	$2.1M	$12.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1140	+0.042%	$103K	$54K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1092	−0.074%	$395K	$18.4M	2.2x	as long as short
Deribit NEAR_USDC-PERPETUAL	0.0000%	1h	4.1128	+0.014%	$1.8M	$2.1M	25x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1115	−0.017%	$204K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	+0.700%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1130	+0.019%	$107K	$490K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.1107	−0.037%	$53K	$157K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1131	+0.021%	$30K	$647	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NEARUSDT	+0.0100%	8h	4.1120	−0.007%	$2.9M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.1153	+0.074%	$347K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1120	−0.005%	$234.3M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1099	−0.057%	$209.1M	$428.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1120	−0.005%	$56.2M	$274.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1150	+0.067%	$234K	$6K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1104	−0.044%	$29.3M	$58.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1100	−0.054%	$79.8M	$144.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1120	−0.005%	$55.5M	$44.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1095	−0.066%	$68.3M	$127.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.1110	−0.030%	—	$136.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1293	+0.416%	$7.7M	$18.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1291	+0.411%	$235K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1152	+0.072%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1280	+0.384%	$181K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1147	+0.060%	$203K	$3.1M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1140	+0.043%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1090	−0.078%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1110	−0.030%	$3.8M	$8.2M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1090	−0.079%	$3.7M	$14.6M	25x	as long as short
Aevo NEAR-PERPshort	+0.0104%	1h	4.1095	−0.067%	$199K	$61K	3x
Arcus NEAR-USD	+0.0118%	1h	4.1150	+0.067%	$306K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0151%	1h	4.1119	−0.007%	$7.3M	$36.9M	50x	as long as short
01 Exchange NEARUSD	+0.0168%	1h	4.1140	+0.043%	$12K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1100	−0.054%	$12.2M	$33.4M	75x	as long as short
Lighter RH NEAR	+0.0264%	1h	4.1148	+0.063%	$1.4M	$7.2M	10x	as long as short
Nado NEAR-PERPlong	+0.0372%	1h	4.1122	long leg	$1.8M	$3.6M	10x
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0317%	1h	4.1127	+0.011%	$271K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1153	+0.075%	$410K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1233	+0.269%	$1.7M	$2.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0743%	1h	4.1161	+0.094%	$1.4M	$5.7M	20x	as long as short
Lighter NEAR	+0.0776%	1h	4.1157	+0.084%	$15.2M	$23.0M	15x	as long as short
Hyperliquid NEAR	+0.0880%	1h	4.1157	+0.085%	$345.4M	$300.0M	10x	as long as short
Aftermath Perps NEARUSD	+0.0932%	1h	4.1233	+0.270%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.1075%	8h	4.1240	+0.286%	$443K	$3.7M	75x	as long as short