Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0560%/8h= −61.3% APRnext payment $0.70 per $10,000 · paid last 24h −0.174%
Price spread now: Reya against Nado−0.051%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Reya is 0.051% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NEAR-PERP4.34510.0389pay 0.0049% / 1h12m 18s$1.7M$3.2M10x
ShortReya NEARRUSDPERP4.3429−0.0171pay 0.0021% / 1h12m 18s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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

Funding earned
−$117.55
Price spread: −0.051% → 0.000%
−$5.09
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Reya: 3 bp × 2 orders
−$6
Net
−$135.64
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 2 min ago0.69 bp8.7 bp −$920.9 bp −$209doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERPshort−0.0171%1h4.3429−0.051%$2K20x
dYdX NEAR-USD0.0000%1h4.3471+0.046%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3411−0.092%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3368−0.191%$7.1M$38.4M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.697%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3460+0.021%$113K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3410−0.094%$219.2M$428.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3390−0.140%$60.9M$294.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3601+0.345%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3428−0.052%$35.6M$62.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3450−0.002%$52.7M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3380−0.163%$71.7M$127.9M75xas long as short
Variational Omni NEAR+0.0100%8h4.3658+0.478%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3647+0.451%$253K$902K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3636+0.426%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3640+0.436%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3464+0.030%$276K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3418−0.075%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3510+0.136%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3385−0.151%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3350−0.232%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3450−0.001%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3362−0.204%$3.6M$16.7M25xas long as short
Aevo NEAR-PERP+0.0120%1h4.3400−0.116%$202K$38K3xas long as short
Aster NEARUSDT+0.0132%8h4.3444−0.015%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0140%1h4.3483+0.074%$350.4M$316.1M10xas long as short
HTX NEAR-USDT+0.0152%8h4.3640+0.436%$464K$3.8M75xas long as short
Binance NEARUSDT+0.0159%8h4.3444−0.016%$263.1M$1.09B75xas long as short
MEXC NEAR_USDT+0.0162%8h4.3430−0.048%$87.8M$153.5M200xas long as short
Kalshi KXNEARPERP+0.0176%8h4.3614+0.376%$981K$25.1M2.2xas long as short
BingX NEAR-USDT+0.0178%8h4.3430−0.048%$144.3Mas long as short
01 Exchange NEARUSD+0.0240%1h4.3477+0.060%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0282%8h4.3490+0.090%$13.2M$32.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0339% / S −0.0238%1h4.3423−0.064%$252K100xas long as short
Nado NEAR-PERPlong+0.0389%1h4.3451long leg$1.7M$3.2M10x
Deribit NEAR_USDC-PERPETUAL+0.0418%1h4.3423−0.064%$1.9M$13.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0462%1h4.3470+0.044%$1.0M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3431−0.045%$2.3M$16.9M50xas long as short
Lighter RH NEAR+0.0520%1h4.3531+0.185%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0552%1h4.3533+0.190%$17.2M$25.4M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3480+0.067%$228K$1.5M10xas long as short
Pacifica NEAR+0.0949%1h4.3486+0.082%$410K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3782+0.762%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3476+0.058%$607K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1142%1h4.3557+0.244%$5K$7K10xas long as short