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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h +0.095%
Price spread now: Nado against Popdex+0.035%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$260.255% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.106%+$11 on $10k
Price spread, last 4 days (all we have)+1.191%+$119 · spread now +0.035%, 7d avg 0.000%
Together, before fees+1.297%+ Points / potential airdropNado: Active · farm board+$130 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Nado is 0.035% dearer against Popdex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.29700.0096pay 0.0012% / 1h30m 31s$113K$501K50x
ShortNado NEAR-PERP4.29850.0372get 0.0046% / 1h30m 31s$1.7M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Popdex. 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
$57.86
Price spread: +0.035% → 0.000%
$3.5
Slippage, 4 orders
−$12.15
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$35.81
Costs to cover
0.255%
Break-even
2.7 days
Slippage from Popdex: live order book, 18 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
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 18 min ago2.33 bp7.2 bp −$766.7 bp −$667doesn't fitdoesn't fit
Sell Nado live order book, 3 min ago0.70 bp4.4 bp −$414.2 bp −$142doesn't fitdoesn't fit

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%1h4.2995+0.058%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2912−0.135%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2937−0.078%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.630%$578$301K12xas long as short
Popdex NEARUSDTlong+0.0096%1h4.2970long leg$113K$501K50x
Binance NEARUSDT+0.0100%8h4.3000+0.070%$262.8M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2960−0.023%$214.1M$420.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3000+0.070%$60.5M$285.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2997+0.064%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2966−0.009%$32.4M$60.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.3020+0.116%$76.1M$143.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3020+0.116%$52.0M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2990+0.047%$71.0M$127.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2950−0.047%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.2878−0.213%$8.1M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2962−0.018%$259K$958K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2949−0.049%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3006+0.084%$262K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2943−0.063%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2990+0.047%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3020+0.116%$463K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2930−0.093%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2941−0.068%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2935−0.081%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2960−0.023%$13.2M$31.6M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.2982+0.028%$2.3M$15.8M50xas long as short
ApeX Omni NEARUSDT+0.0263%1h4.2960−0.023%$165K$795K50xas long as short
Kalshi KXNEARPERP+0.0266%8h4.2947−0.054%$867K$24.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0311% / S −0.0198%1h4.2931−0.090%$232K100xas long as short
Aster NEARUSDT+0.0335%8h4.2990+0.047%$2.8M$5.3M50xas long as short
Nado NEAR-PERPshort+0.0372%1h4.2985+0.035%$1.7M$3.2M10x
Extended NEAR-USD+0.0520%1h4.2939−0.073%$3.7M$19.7M25xas long as short
SoDEX NEAR-USD+0.0560%1h4.2905−0.151%$6K$53K10xas long as short
Backpack NEAR_USDC_PERP+0.0650%1h4.2964−0.014%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0692%1h4.3037+0.156%$351.8M$310.3M10xas long as short
Kraken Futures PF_NEARUSD+0.0737%1h4.2893−0.178%$7.4M$38.9M50xas long as short
01 Exchange NEARUSD+0.0752%1h4.3039+0.161%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3000+0.070%$216K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.2967−0.008%$394K$1.3M10xas long as short
Lighter NEAR+0.0928%1h4.3010+0.093%$16.8M$25.1M15xas long as short
Phoenix NEAR+0.1033%1h4.3089+0.277%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1079%1h4.2933−0.086%$1.9M$11.0M25xas long as short
Lighter RH NEAR+0.1112%1h4.3013+0.100%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3005+0.081%$684K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1349%1h4.2958−0.029%$5K$12K10xas long as short