NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0349%/8h= −38.2% APRnext payment −$0.44 per $10,000 · paid last 24h −0.080%

Price spread now: ApeX Omni against Nado+0.229%7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.081%−$8 on $10k

Price spread, last 4 days (all we have)+0.956%+$96 · spread now +0.229%, 7d avg +0.098%

Together, before fees+0.875%+ Points / potential airdropNado: Active · farm board+$87 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.130% dearer against Nado than usual: you sell high and buy low (spread +0.229% now, against its 7-day average of +0.098%): +$13 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 3 days (−0.081% in total) that is about 5.2 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.081% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.44 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	4.3151	0.0449	pay 0.0056% / 1h	40m 52s	$1.9M	$3.0M	10x
Short	ApeX Omni NEARUSDT	4.3250	0.0100	get 0.0013% / 1h	40m 52s	$179K	$776K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.229%Rate

Funding earned: −$73.25
Price spread: +0.229% → +0.098%: $13.04
Slippage, 4 orders: −$30.72
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$107.94
Costs to cover: 0.477%
Break-even: never at this rate

Slippage from Nado: live order book, 3 min ago; ApeX Omni: live order book, 28 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	2.54 bp	8.1 bp −$8	15.9 bp −$159	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 28 min ago	5.79 bp	16.3 bp −$16	90.0 bp −$900	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	4.3134	−0.039%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3122	−0.068%	$2.1M	$13.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3005	−0.339%	$107K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3093	−0.135%	$505K	$19.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3125	−0.060%	$200K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.035%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0043%	8h	4.3108	−0.099%	$8.2M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3160	+0.020%	$115K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3139	−0.028%	$57K	$161K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3140	−0.026%	$3.0M	$5.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.3052	−0.231%	$407K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3118	−0.077%	$258.1M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3088	−0.147%	$219.0M	$419.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3120	−0.072%	$60.9M	$279.1M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3120	−0.072%	$204K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3300	+0.345%	$247K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3096	−0.128%	$30.9M	$60.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3140	−0.026%	$75.7M	$137.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3160	+0.020%	$55.5M	$42.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3128	−0.054%	$71.4M	$123.4M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3090	−0.142%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3211	+0.139%	$259K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3386	+0.544%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDTshort	+0.0100%	1h	4.3250	+0.229%	$179K	$776K	50x
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3162	+0.025%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3190	+0.090%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3125	−0.061%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3260	+0.252%	$440K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3100	−0.119%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3068	−0.192%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3114	−0.085%	$3.8M	$17.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3130	−0.049%	$201K	$34K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0219%	1h	4.3157	+0.014%	$7.9M	$39.9M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	+0.159%	$13.2M	$27.6M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0359% / S −0.0278%	1h	4.3121	−0.070%	$259K	—	100x	as long as short
01 Exchange NEARUSD	+0.0376%	1h	4.3168	+0.039%	$13K	$7K	10x	as long as short
Nado NEAR-PERPlong	+0.0449%	1h	4.3151	long leg	$1.9M	$3.0M	10x
RISEx NEAR/USDC	+0.0509%	1h	4.3181	+0.070%	$539K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3533	+0.885%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0680%	1h	4.3178	+0.062%	$1.6M	$6.9M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0724%	1h	4.3156	+0.011%	$1.9M	$4.1M	25x	as long as short
Hyperliquid NEAR	+0.0774%	1h	4.3193	+0.097%	$363.3M	$305.6M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0787%	1h	4.3169	+0.041%	$1.4M	$6.0M	20x	as long as short
Lighter NEAR	+0.1448%	1h	4.3196	+0.104%	$17.2M	$24.6M	15x	as long as short
Aftermath Perps NEARUSD	+0.1450%	1h	4.3186	+0.080%	$5K	$12K	10x	as long as short