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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0594%/8h= +65.0% APRnext payment +$0.74 per $10,000 · paid last 24h +0.158%
Price spread now: Nado against Reya+0.061%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Nado is 0.061% dearer against Reya than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.3165−0.0171get 0.0021% / 1h3m 26s$2K20x
ShortNado NEAR-PERP4.31920.0423get 0.0053% / 1h3m 26s$1.9M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Reya. 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
$124.75
Price spread: +0.061% → 0.000%
$6.09
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$117.84
Costs to cover
0.130%
Break-even
0.4 days
Slippage unknown: Reya: no order-book sample; Nado: live order book, 5 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 Reya no order-book sample
Sell Nado live order book, 5 min ago0.69 bp6.0 bp −$612.8 bp −$128doesn't fitdoesn't fit
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
Phemex NEARUSDT−0.0299%8h4.3370+0.474%$3.9M$8.4M50xas long as short
Reya NEARRUSDPERPlong−0.0171%1h4.3165long leg$2K20x
Kraken Futures PF_NEARUSD−0.0129%1h4.3445+0.648%$8.0M$38.0M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3380+0.497%$2.2M$13.3M50xas long as short
Kalshi KXNEARPERP0.0000%8h4.3447+0.652%$384K$18.8M2.2xas long as short
dYdX NEAR-USD+0.0004%1h4.3193+0.064%$112K$64K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3160−0.012%$158K150xas long as short
Variational Omni NEAR+0.0010%8h4.3057−0.251%$8.2M$18.8Mas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.067%$578$302K12xas long as short
01 Exchange NEARUSD+0.0048%1h4.3259+0.217%$13K$7K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.3220+0.126%$115K$474K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3181+0.036%$57K$162K20xas long as short
Aster NEARUSDT+0.0100%8h4.3301+0.313%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3228+0.144%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3178+0.030%$257.7M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3160−0.013%$221.2M$416.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3150−0.036%$61.2M$276.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3260+0.219%$205K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3243+0.179%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3165−0.001%$30.9M$61.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3170+0.011%$74.9M$142.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3210+0.103%$56.0M$42.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3151−0.034%$71.5M$122.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3170+0.011%$141.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3270+0.242%$258K$1.1M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3356+0.441%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3140−0.059%$177K$776K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3204+0.089%$203K$3.4M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3530+0.845%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3410+0.567%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3560+0.914%$459K$3.6M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3173+0.017%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3148−0.040%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3163−0.007%$201K$31K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3250+0.196%$13.2M$27.7M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0308%1h4.3153−0.029%$276K100xas long as short
Nado NEAR-PERPshort+0.0423%1h4.3192+0.061%$1.9M$3.1M10x
RISEx NEAR/USDC+0.0428%1h4.3260+0.219%$409K$1.2M10xas long as short
Hyperliquid NEAR+0.0458%1h4.3264+0.228%$367.0M$301.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0464%1h4.3464+0.692%$1.9M$3.9M25xas long as short
Lighter RH NEAR+0.0496%1h4.3282+0.270%$1.6M$7.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0498%1h4.3382+0.502%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3218+0.122%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1496%1h4.3263+0.225%$5K$12K10xas long as short
Lighter NEAR+0.1776%1h4.3319+0.356%$17.3M$24.8M15xas long as short