Funding you earn now, next payment 22:00 UTC−0.0265%/8h= −29.1% APRpaid last 24h −0.065%
Price spread now: Bybit against Nado+0.061%49s7-day average −0.066% · 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—prices read too far apart to compare
costs, in and out, $10k−$310.315% of the position
Funding, last 3 days (all we have)−0.067%−$7 on $10k
+Price spread, last 7 days−0.206%−$21 · spread now +0.061%, 7d avg −0.066%
=Together, before fees−0.273%+ Points / potential airdropNado: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.127% dearer against Nado than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.066%): +$13 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 3 days (−0.067% in total) that is about 5.9 days. The two prices were read 49 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 -0.067% in total (about -7.9% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NEAR-PERP | 4.1115 | 0.0365 | pay 0.0046% / 1h | 20m 38s | $1.8M | $3.6M | 10x |
| Short | Bybit NEARUSDT | 4.1140 | 0.0100 | get 0.0100% / 8h | 2h 20m | $209.3M | $428.3M | 75x |
Nado NEAR-PERP
Bybit NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Nado. 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
- −$55.75
- Price spread: +0.061% → −0.066%
- $12.71
- Slippage, 4 orders
- −$13.48
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$74.52
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; Bybit: 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 Nado live order book, 3 min ago | 0.48 bp | 4.0 bp −$4 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.21 bp | 9.6 bp −$10 | 18.7 bp −$187 | 37.8 bp −$3,783 | 156.0 bp −$78.0K |
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 | 4.1114 | −0.002% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0024% | 1h | 4.1220 | +0.255% | $2.1M | $12.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1169 | +0.131% | $103K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1188 | +0.178% | $411K | $19.0M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.1193 | +0.190% | $1.8M | $2.1M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1165 | +0.123% | $204K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | +0.717% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1160 | +0.109% | $108K | $489K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.1178 | +0.153% | $53K | $159K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1154 | +0.095% | $30K | $647 | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.1173 | +0.141% | $2.9M | $5.9M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1160 | +0.109% | $364K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1170 | +0.133% | $234.5M | $1.08B | 75x | as long as short |
| Bybit NEARUSDTshort | +0.0100% | 8h | 4.1140 | +0.061% | $209.3M | $428.3M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1150 | +0.085% | $56.2M | $274.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1200 | +0.207% | $235K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1154 | +0.095% | $29.3M | $58.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1150 | +0.085% | $80.6M | $144.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1170 | +0.134% | $55.6M | $45.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1154 | +0.095% | $68.4M | $127.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.1150 | +0.085% | — | $136.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1444 | +0.799% | $7.7M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1292 | +0.430% | $235K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1258 | +0.349% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1290 | +0.426% | $181K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1149 | +0.083% | $207K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1170 | +0.134% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1169 | +0.131% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1190 | +0.182% | $3.8M | $8.4M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1143 | +0.068% | $3.7M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1165 | +0.121% | $199K | $65K | 3x | as long as short |
| Arcus NEAR-USD | +0.0118% | 1h | 4.1180 | +0.158% | $305K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0151% | 1h | 4.1168 | +0.128% | $7.0M | $36.5M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0200% | 1h | 4.1168 | +0.129% | $12K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1120 | +0.012% | $12.3M | $33.5M | 75x | as long as short |
| Lighter RH NEAR | +0.0296% | 1h | 4.1209 | +0.229% | $1.4M | $7.2M | 10x | as long as short |
| Nado NEAR-PERPlong | +0.0365% | 1h | 4.1115 | long leg | $1.8M | $3.6M | 10x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0371% / S −0.0317% | 1h | 4.1171 | +0.137% | $271K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.1184 | +0.168% | $411K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0582% | 1h | 4.1304 | +0.460% | $1.7M | $2.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0766% | 1h | 4.1216 | +0.246% | $1.4M | $5.7M | 20x | as long as short |
| Lighter NEAR | +0.0816% | 1h | 4.1205 | +0.219% | $15.2M | $23.0M | 15x | as long as short |
| Hyperliquid NEAR | +0.0955% | 1h | 4.1211 | +0.233% | $345.9M | $299.6M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0998% | 1h | 4.1347 | +0.564% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1099% | 8h | 4.1230 | +0.280% | $443K | $3.7M | 75x | as long as short |
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Backpack NEAR_USDC_PERP
Lighter NEAR
Hyperliquid NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT