NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0707%/8h= −77.4% APRnext payment −$0.88 per $10,000 · paid last 24h +0.025%

Price spread now: Kraken Futures against Nado+0.052%7-day average +0.050% · 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−$53as in the Price arb table

costs, in and out, $10k−$530.528% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.122%+$12 on $10k

Price spread, last 4 days (all we have)+1.195%+$119 · spread now +0.052%, 7d avg +0.050%

Together, before fees+1.317%+ Points / potential airdropNado: Active · farm board+$132 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.122%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.122% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.88 per $10,000. 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	4.3795	0.0276	pay 0.0034% / 1h	41m 37s	$1.7M	$3.2M	10x
Short	Kraken Futures PF_NEARUSD	4.3818	−0.0431	pay 0.0054% / 1h	41m 37s	$7.2M	$38.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$148.44
Price spread: +0.052% → +0.050%: $0.27
Slippage, 4 orders: −$35.81
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$200.99
Costs to cover: 0.528%
Break-even: never at this rate

Slippage from Nado: live order book, 2 min ago; Kraken Futures: live order book, 2 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	1.02 bp	9.2 bp −$9	19.6 bp −$196	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	9.45 bp	18.2 bp −$18	21.3 bp −$213	62.1 bp −$6,206	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
Kraken Futures PF_NEARUSDshort	−0.0431%	1h	4.3818	+0.052%	$7.2M	$38.7M	50x
Reya NEARRUSDPERP	−0.0171%	1h	4.3761	−0.079%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3706	−0.203%	$107K	$67K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3817	+0.050%	$164K	—	150x	as long as short
Phemex NEARUSDT	+0.0017%	8h	4.3830	+0.080%	$3.5M	$8.2M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.446%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3740	−0.126%	$119K	$506K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3744	−0.116%	$2.7M	$4.8M	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3703	−0.210%	$221.2M	$431.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3690	−0.240%	$61.7M	$296.7M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NEAR-USD	+0.0100%	1h	4.3770	−0.057%	$220K	$1.5M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3750	−0.103%	$252K	$3K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3713	−0.187%	$36.4M	$62.0M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3760	−0.080%	$52.6M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3708	−0.199%	$72.1M	$128.1M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4208	+0.942%	$9.1M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4085	+0.662%	$256K	$896K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4040	+0.560%	$1.5M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4050	+0.582%	$166K	$828K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3788	−0.016%	$273K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3835	+0.091%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3890	+0.217%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3830	+0.080%	$5K	$50K	10x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3710	−0.195%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3694	−0.231%	$3.6M	$15.9M	25x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.3845	+0.113%	$204K	$40K	3x	as long as short
Binance NEARUSDT	+0.0113%	8h	4.3731	−0.147%	$263.6M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0115%	8h	4.3730	−0.148%	$90.7M	$156.2M	200x	as long as short
BingX NEAR-USDT	+0.0122%	8h	4.3720	−0.171%	—	$83.8M	—	as long as short
Kalshi KXNEARPERP	+0.0149%	8h	4.3859	+0.146%	$875K	$25.4M	2.2x	as long as short
Hyperliquid NEAR	+0.0187%	1h	4.3785	−0.023%	$353.8M	$318.8M	10x	as long as short
BloFin NEAR-USDT	+0.0238%	8h	4.3820	+0.057%	$12.4M	$32.5M	75x	as long as short
Nado NEAR-PERPlong	+0.0276%	1h	4.3795	long leg	$1.7M	$3.2M	10x
01 Exchange NEARUSD	+0.0312%	1h	4.3770	−0.057%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0350% / S −0.0253%	1h	4.3818	+0.052%	$257K	—	100x	as long as short
HTX NEAR-USDT	+0.0356%	8h	4.3930	+0.308%	$465K	$3.8M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3852	+0.130%	$2.3M	$17.2M	50x	as long as short
Lighter RH NEAR	+0.0512%	1h	4.3799	+0.009%	$1.5M	$6.4M	10x	as long as short
Lighter NEAR	+0.0520%	1h	4.3781	−0.031%	$17.3M	$23.9M	15x	as long as short
Backpack NEAR_USDC_PERP	+0.0553%	1h	4.3798	+0.007%	$1.1M	$7.2M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3748	−0.107%	$593K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3740	−0.125%	$412K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0708%	1h	4.3863	+0.155%	$1.9M	$13.1M	25x	as long as short
Phoenix NEAR	+0.0740%	1h	4.4222	+0.975%	$1.8M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1066%	1h	4.3880	+0.194%	$5K	$7K	10x	as long as short