Funding you earn now, next payment 22:00 UTC−0.0270%/8h= −29.5% APRpaid last 24h −0.082%
Price spread now: GRVT against Nado+0.316%61s7-day average −0.045% · 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−$390.389% of the position
Funding, last 3 days (all we have)−0.085%−$8 on $10k
+Price spread, last 7 days−0.338%−$34 · spread now +0.316%, 7d avg −0.045%
=Together, before fees−0.423%+ Points / potential airdropNado: Active · GRVT: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.361% dearer against Nado than usual: you sell high and buy low (spread +0.316% now, against its 7-day average of −0.045%): +$36 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 3 days (−0.085% in total) that is about 13 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NEAR-PERP | 4.1124 | 0.0370 | pay 0.0046% / 1h | 12m 27s | $1.8M | $3.6M | 10x |
| Short | GRVT NEAR_USDT_Perp | 4.1255 | 0.0100 | get 0.0100% / 8h | 2h 12m | $1.4M | $1.3M | 10x |
Nado NEAR-PERP
GRVT NEAR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$56.62
- Price spread: +0.316% → −0.045%
- $36.13
- Slippage, 4 orders
- −$22.89
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$59.38
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from Nado: live order book, 1 min ago; GRVT: live order book, 1 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, 1 min ago | 0.49 bp | 7.4 bp −$7 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.22 bp | 15.9 bp −$16 | 33.8 bp −$338 | 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 | 4.1123 | −0.005% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0024% | 1h | 4.1179 | +0.133% | $2.1M | $12.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1142 | +0.042% | $103K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1163 | +0.094% | $396K | $18.6M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.1168 | +0.106% | $1.8M | $2.1M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1138 | +0.034% | $204K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | +0.694% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1130 | +0.013% | $107K | $490K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1176 | +0.125% | $53K | $157K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1122 | −0.007% | $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 | 4.1160 | +0.085% | $2.9M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1149 | +0.061% | $347K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1120 | −0.011% | $234.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1140 | +0.038% | $209.2M | $428.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1160 | +0.086% | $56.2M | $274.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1200 | +0.184% | $235K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1136 | +0.028% | $29.3M | $58.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1130 | +0.013% | $80.2M | $144.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1150 | +0.062% | $55.6M | $44.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1127 | +0.006% | $68.4M | $126.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.1150 | +0.062% | — | $136.5M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1293 | +0.410% | $7.7M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1291 | +0.406% | $235K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perpshort | +0.0100% | 8h | 4.1255 | +0.316% | $1.4M | $1.3M | 10x | |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1280 | +0.378% | $181K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1158 | +0.081% | $204K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1190 | +0.159% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1135 | +0.026% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1150 | +0.062% | $3.8M | $8.3M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1121 | −0.008% | $3.7M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1161 | +0.089% | $199K | $61K | 3x | as long as short |
| Arcus NEAR-USD | +0.0118% | 1h | 4.1150 | +0.062% | $306K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0151% | 1h | 4.1163 | +0.093% | $7.3M | $37.0M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0168% | 1h | 4.1142 | +0.043% | $12K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1140 | +0.038% | $12.2M | $33.5M | 75x | as long as short |
| Lighter RH NEAR | +0.0264% | 1h | 4.1181 | +0.137% | $1.4M | $7.2M | 10x | as long as short |
| Nado NEAR-PERPlong | +0.0370% | 1h | 4.1124 | long leg | $1.8M | $3.6M | 10x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0317% | 1h | 4.1134 | +0.024% | $271K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.1157 | +0.078% | $410K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0582% | 1h | 4.1296 | +0.417% | $1.7M | $2.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0754% | 1h | 4.1200 | +0.184% | $1.4M | $5.7M | 20x | as long as short |
| Lighter NEAR | +0.0784% | 1h | 4.1189 | +0.156% | $15.2M | $23.0M | 15x | as long as short |
| Hyperliquid NEAR | +0.0892% | 1h | 4.1187 | +0.152% | $345.7M | $299.9M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0932% | 1h | 4.1255 | +0.317% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1080% | 8h | 4.1320 | +0.475% | $444K | $3.7M | 75x | as long as short |
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit 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
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