Funding you earn now, next payment 01:00 UTC+0.0436%/8h= +47.7% APRnext payment +$0.54 per $10,000 · paid last 24h +0.077%
Price spread now: Nado against Polymarket Perps−0.054%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 3 days (all we have)+0.079%+$8 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.054%, 7d avg +0.016%
=Together, before fees+0.178%+ Points / potential airdropNado: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.070% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.016%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$13 a day). At the pace of the last 3 days (+0.079% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.079% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 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 | Polymarket Perps NEAR-USD | 4.2268 | 0.0100 | pay 0.0013% / 1h | 36m 08s | $190K | $3.5M | 10x |
| Short | Nado NEAR-PERP | 4.2245 | 0.0536 | get 0.0067% / 1h | 36m 08s | $1.8M | $3.3M | 10x |
Polymarket Perps NEAR-USD
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Polymarket Perps. 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
- $91.53
- Price spread: −0.054% → +0.016%
- −$7.04
- Slippage, 4 orders
- −$8.04
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $61.45
- Costs to cover
- 0.230%
- Break-even
- 2.3 days
Slippage from Polymarket Perps: live order book, 3 min ago; Nado: live order book, 3 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 Polymarket Perps live order book, 3 min ago | 1.75 bp | 6.0 bp −$6 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.47 bp | 6.3 bp −$6 | 17.8 bp −$178 | 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 | 4.2248 | −0.048% | $2K | — | 20x | as long as short |
| Bybit NEARUSDT | −0.0170% | 8h | 4.2170 | −0.232% | $214.0M | $417.8M | 75x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0133% | 1h | 4.2315 | +0.111% | $7.2M | $37.4M | 50x | as long as short |
| Gate NEAR_USDT | −0.0130% | 8h | 4.2184 | −0.199% | $30.3M | $59.1M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2347 | +0.187% | $2.2M | $13.0M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0032% | 1h | 4.2250 | −0.043% | $12K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0004% | 8h | 4.2298 | +0.072% | $7.9M | $18.8M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2324 | +0.132% | $110K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2336 | +0.161% | $417K | $18.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2338 | +0.166% | $200K | — | 150x | as long as short |
Reya NEARRUSDPERP
Bybit NEARUSDT
Kraken Futures PF_NEARUSD
Gate NEAR_USDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −2.030% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2240 | −0.066% | $110K | $481K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2397 | +0.305% | $56K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2278 | +0.023% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2337 | +0.162% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2321 | +0.126% | $396K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2198 | −0.165% | $250.1M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2230 | −0.090% | $59.7M | $275.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2280 | +0.028% | $194K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2709 | +1.045% | $243K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2190 | −0.185% | $76.2M | $139.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2400 | +0.312% | $55.5M | $43.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2201 | −0.159% | $70.1M | $124.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2200 | −0.161% | — | $141.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2741 | +1.119% | $275K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2750 | +1.140% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2800 | +1.259% | $179K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USDlong | +0.0100% | 1h | 4.2268 | long leg | $190K | $3.5M | 10x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2410 | +0.336% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2330 | +0.147% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2320 | +0.123% | $451K | $3.6M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2321 | +0.126% | $3.8M | $17.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2350 | +0.194% | $197K | $28K | 3x | as long as short |
| Hyperliquid NEAR | +0.0152% | 1h | 4.2248 | −0.047% | $355.7M | $302.0M | 10x | as long as short |
| Phemex NEARUSDT | +0.0212% | 8h | 4.2310 | +0.099% | $3.8M | $8.6M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2470 | +0.478% | $13.1M | $28.6M | 75x | as long as short |
| Lighter RH NEAR | +0.0328% | 1h | 4.2374 | +0.251% | $1.6M | $6.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0371% / S −0.0308% | 1h | 4.2351 | +0.196% | $269K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0387% | 1h | 4.2414 | +0.345% | $1.9M | $3.2M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0398% | 1h | 4.2242 | −0.062% | $1.4M | $5.7M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2261 | −0.017% | $399K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.2790 | +1.235% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERPshort | +0.0536% | 1h | 4.2245 | −0.054% | $1.8M | $3.3M | 10x | |
| Aftermath Perps NEARUSD | +0.1336% | 1h | 4.2684 | +0.985% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1936% | 1h | 4.2372 | +0.247% | $16.9M | $24.0M | 15x | as long as short |
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
Phemex NEARUSDT
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR