Funding you earn now, next payment 01:00 UTC−0.0149%/8h= −16.3% APRnext payment −$0.19 per $10,000 · paid last 24h −0.038%
Price spread now: Deribit against Nado+0.400%7-day average +0.078% · 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+$8as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Funding, last 3 days (all we have)+0.115%+$11 on $10k
+Price spread, last 3 days (all we have)−0.129%−$13 · spread now +0.400%, 7d avg +0.078%
=Together, before fees−0.015%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.322% dearer against Nado than usual: you sell high and buy low (spread +0.400% now, against its 7-day average of +0.078%): +$32 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.2 days. Mind the row above: over the last 3 days funding on this pair paid +0.115%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NEAR-PERP | 4.2245 | 0.0536 | pay 0.0067% / 1h | 36m 16s | $1.8M | $3.3M | 10x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.2414 | 0.0387 | get 0.0048% / 1h | 36m 16s | $1.9M | $3.2M | 25x |
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$31.26
- Price spread: +0.400% → +0.078%
- $32.2
- Slippage, 4 orders
- −$10.04
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$23.1
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage from Nado: live order book, 3 min ago; Deribit: live order book, 3 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 | 0.47 bp | 4.6 bp −$5 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 3 min ago | 3.04 bp | 6.5 bp −$7 | 14.1 bp −$141 | 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 | 4.2248 | +0.006% | $2K | — | 20x | as long as short |
| Bybit NEARUSDT | −0.0170% | 8h | 4.2160 | −0.201% | $214.1M | $417.7M | 75x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0133% | 1h | 4.2315 | +0.166% | $7.2M | $37.4M | 50x | as long as short |
| Gate NEAR_USDT | −0.0130% | 8h | 4.2310 | +0.154% | $30.4M | $59.1M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2347 | +0.241% | $2.2M | $13.0M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0032% | 1h | 4.2250 | +0.012% | $12K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0004% | 8h | 4.2298 | +0.127% | $7.9M | $18.8M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2324 | +0.186% | $110K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2336 | +0.215% | $417K | $18.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2338 | +0.220% | $200K | — | 150x | as long as short |
Reya NEARRUSDPERP
Bybit NEARUSDT
Kraken Futures PF_NEARUSD
Gate NEAR_USDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −1.977% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2240 | −0.012% | $110K | $481K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2397 | +0.360% | $56K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2278 | +0.077% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2331 | +0.204% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2321 | +0.181% | $396K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2247 | +0.004% | $251.2M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2180 | −0.154% | $60.0M | $274.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2280 | +0.083% | $194K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2709 | +1.100% | $243K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2320 | +0.178% | $76.9M | $139.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2290 | +0.107% | $55.3M | $43.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2326 | +0.192% | $70.3M | $124.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2380 | +0.320% | — | $141.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2741 | +1.174% | $275K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2750 | +1.195% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2800 | +1.314% | $179K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2268 | +0.054% | $190K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2410 | +0.391% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2330 | +0.201% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2320 | +0.178% | $451K | $3.6M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2321 | +0.180% | $3.8M | $17.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2350 | +0.249% | $197K | $28K | 3x | as long as short |
| Hyperliquid NEAR | +0.0157% | 1h | 4.2351 | +0.251% | $357.1M | $301.5M | 10x | as long as short |
| Phemex NEARUSDT | +0.0212% | 8h | 4.2310 | +0.154% | $3.8M | $8.6M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2470 | +0.533% | $13.1M | $28.6M | 75x | as long as short |
| Lighter RH NEAR | +0.0328% | 1h | 4.2374 | +0.305% | $1.6M | $6.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0371% / S −0.0308% | 1h | 4.2351 | +0.251% | $269K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.0387% | 1h | 4.2414 | +0.400% | $1.9M | $3.2M | 25x | |
| Backpack NEAR_USDC_PERP | +0.0412% | 1h | 4.2492 | +0.585% | $1.3M | $5.7M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2261 | +0.037% | $399K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.2790 | +1.290% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERPlong | +0.0536% | 1h | 4.2245 | long leg | $1.8M | $3.3M | 10x | |
| Aftermath Perps NEARUSD | +0.1336% | 1h | 4.2684 | +1.040% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1936% | 1h | 4.2372 | +0.301% | $16.9M | $24.0M | 15x | as long as short |
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
Phemex NEARUSDT
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR