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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0260%/8h= +28.5% APRpaid last 24h +0.062%
Price spread now: Nado against Orderly0.000%7-day average −0.011% · you sell dearer than you buy
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 3 days (all we have)+0.068%+$7 on $10k
Price spread, last 3 days (all we have)−0.593%−$59 · spread now 0.000%, 7d avg −0.011%
Together, before fees−0.525%+ Points / potential airdropNado: Active · farm board−$53 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.068% in total (about 7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.13450.0099pay 0.0099% / 8h2h 08m$53K$157K20x
ShortNado NEAR-PERP4.13450.0359get 0.0045% / 1h8m 03s$1.8M$3.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Orderly. 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
$54.61
Price spread: 0.000% → −0.011%
$1.11
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$42.72
Costs to cover
0.130%
Break-even
1.5 days
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 1 min ago. 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 Orderly no order-book sample
Sell Nado live order book, 1 min ago1.09 bp7.4 bp −$717.4 bp −$174doesn't fitdoesn't fit
Orderly: 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 NEARRUSDPERP−0.0171%1h4.1379+0.081%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1380+0.085%$2.1M$12.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.1354+0.021%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1372+0.065%$397K$18.4M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1365+0.048%$1.8M$2.1M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1399+0.131%$205K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410+0.157%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1380+0.085%$108K$490K50xas long as short
Orderly PERP_NEAR_USDClong+0.0099%8h4.1345long leg$53K$157K20x
Paradex NEAR-USD-PERP+0.0100%8h4.1344−0.002%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1369+0.057%$2.9M$5.9M50xas long as short
Pacifica NEAR+0.0100%1h4.1354+0.022%$348K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1274−0.172%$235.2M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1259−0.208%$210.0M$428.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1270−0.181%$56.3M$275.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1150−0.472%$234K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1320−0.060%$29.4M$58.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1320−0.060%$80.7M$144.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1340−0.012%$55.8M$44.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1276−0.167%$68.6M$127.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1320−0.060%$136.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1114−0.559%$7.6M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.1110−0.569%$234K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1103−0.586%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1130−0.520%$181K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1404+0.143%$201K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1390+0.109%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1315−0.073%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1320−0.060%$3.8M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.1258−0.209%$3.7M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1331−0.034%$200K$61K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1380+0.085%$308K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0150%1h4.1338−0.017%$7.3M$37.0M50xas long as short
01 Exchange NEARUSD+0.0160%1h4.1394+0.119%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1270−0.181%$12.3M$33.6M75xas long as short
Lighter RH NEAR+0.0248%1h4.1358+0.031%$1.4M$7.2M10xas long as short
Nado NEAR-PERPshort+0.0359%1h4.13450.000%$1.8M$3.6M10x
GMX NEAR/USD [ETH-USDC]L +0.0373% / S −0.0317%1h4.1392+0.113%$273K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1391+0.112%$413K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1233−0.271%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0744%1h4.1361+0.039%$1.4M$5.7M20xas long as short
Lighter NEAR+0.0744%1h4.1377+0.077%$15.2M$23.0M15xas long as short
Hyperliquid NEAR+0.0868%1h4.1350+0.012%$347.1M$298.8M10xas long as short
Aftermath Perps NEARUSD+0.0931%1h4.1265−0.192%$5K$11K10xas long as short
HTX NEAR-USDT+0.1072%8h4.1470+0.302%$446K$3.7M75xas long as short