Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.3210 | +0.0100 | pay 0.0012% / 1h | 49m 09s | $1.9M | $3.9M | 10x | Long Nado20% off | |
| SHORT | 5.3256 | +0.0066 | get 0.0008% / 1h | 49m 09s | $53K | $197K | 20x | Short Bullet |
Price gap+0.087%
Funding gap−0.0034% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 8.3 days. At the last 7 days' pace that is about 27 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$48−0.0034% /8h now · paid −0.482% over the last 7D
Price+$8spread +0.087% now, avg +0.002% → +0.085% if it goes back
Costs−$290.295% of $10k · taker + slippage, in and out
Result−$69−0.69%+ Points / potential airdropNado: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.087%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 45 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Large against open interest11.4 / 5.9 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$1,000 + $500Nado 10x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.02Long Nado: 24 payments, −$3.00; short Bullet: 24 payments, +$1.98.
- OK: Entry gap works for you+0.087% vs +0.002%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$53K vs $1.9M OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- OK: No KYC on either legNado No · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0253%/8h × 21 periods−$53.19
Price spread+0.087% → +0.002% (7d avg)+$8.49
Slippage, 4 orderslive order books−$14.49
Fee Nado bp × 2 orders−$7.00
Fee Bullet bp × 2 orders−$8.00
Net · 7 days · $10k−$74.19
Costs to cover0.295%Break-evennever at this rate
Slippage: Nado: live order book, 4 min ago; Bullet: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGNado0.8411.4 bp−$1127.3 bp−$273doesn’t fitdoesn’t fit
SELL · SHORTBullet1.135.9 bp−$69.0 bp−$90doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |

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