NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0455%/8h= +49.8% APRnext payment +$0.57 per $10,000 · paid last 24h +0.095%

Price spread now: Hyperliquid against Nado+0.077%7-day average +0.058% · 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−$34as in the Price arb table

costs, in and out, $10k−$360.355% of the position

Long on Nado Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.229%+$23 on $10k

Price spread, last 7 days−0.126%−$13 · spread now +0.077%, 7d avg +0.058%

Together, before fees+0.104%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NEAR-PERP	4.4064	0.0398	pay 0.0050% / 1h	27m 02s	$1.9M	$3.1M	10x
Short	Hyperliquid NEAR	4.4098	0.0853	get 0.0107% / 1h	27m 02s	$372.6M	$307.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.077%Rate

Funding earned: $95.55
Price spread: +0.077% → +0.058%: $1.86
Slippage, 4 orders: −$19.52
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $61.89
Costs to cover: 0.355%
Break-even: 2.5 days

Slippage from Nado: live order book, 2 min ago; Hyperliquid: live order book, 7 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, 2 min ago	3.19 bp	8.9 bp −$9	19.3 bp −$193	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 7 min ago	0.11 bp	5.2 bp −$5	doesn't fit	doesn't fit	doesn't fit

NEAR on 44 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	4.4035	−0.067%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.4099	+0.079%	$2.2M	$13.9M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4062	−0.006%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4063	−0.003%	$614K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4013	−0.115%	$159K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.024%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0059%	8h	4.3918	−0.331%	$8.5M	$18.7M	—	as long as short
Phemex NEARUSDT	+0.0062%	8h	4.4000	−0.146%	$3.9M	$8.2M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4080	+0.036%	$113K	$481K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4094	+0.068%	$417K	$1.2M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.4050	−0.032%	$265.8M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3995	−0.157%	$223.2M	$418.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3990	−0.169%	$62.4M	$286.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.4150	+0.195%	$209K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3449	−1.395%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4009	−0.125%	$31.8M	$61.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4030	−0.078%	$76.0M	$139.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4040	−0.055%	$56.3M	$42.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4015	−0.112%	$72.9M	$123.6M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4020	−0.100%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3854	−0.477%	$271K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3820	−0.554%	$1.5M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3860	−0.464%	$182K	$767K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4100	+0.081%	$219K	$3.5M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4037	−0.062%	$59K	$189K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4080	+0.036%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3995	−0.157%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4130	+0.149%	$455K	$3.9M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4064	0.000%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3990	−0.170%	$3.8M	$18.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4005	−0.134%	$205K	$34K	3x	as long as short
Aster NEARUSDT	+0.0157%	8h	4.4070	+0.013%	$3.1M	$5.7M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0215%	1h	4.4007	−0.130%	$7.7M	$40.0M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0349% / S −0.0257%	1h	4.4018	−0.105%	$253K	—	100x	as long as short
Nado NEAR-PERPlong	+0.0398%	1h	4.4064	long leg	$1.9M	$3.1M	10x
01 Exchange NEARUSD	+0.0400%	1h	4.4135	+0.161%	$13K	$7K	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.4153	+0.201%	$560K	$1.3M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0523%	1h	4.4041	−0.053%	$1.9M	$4.2M	25x	as long as short
Phoenix NEAR	+0.0592%	1h	4.4243	+0.406%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0792%	1h	4.4078	+0.031%	$1.6M	$7.0M	10x	as long as short
Hyperliquid NEARshort	+0.0853%	1h	4.4098	+0.077%	$372.6M	$307.6M	10x
Backpack NEAR_USDC_PERP	+0.0916%	1h	4.4073	+0.020%	$1.4M	$6.0M	20x	as long as short
Aftermath Perps NEARUSD	+0.1499%	1h	4.3899	−0.375%	$6K	$12K	10x	as long as short
Lighter NEAR	+0.1624%	1h	4.4123	+0.132%	$17.7M	$25.0M	15x	as long as short