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−0.0020%/8h= −2.2% APRnext payment $0.03 per $10,000 · paid last 24h −0.056%
Price spread now: Nado against RISEx−0.090%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$280.278% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.285%−$29 on $10k
Price spread, last 7 days+0.162%+$16 · spread now −0.090%, 7d avg +0.007%
Together, before fees−0.123%+ Points / potential airdropNado: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.097% cheaper against RISEx than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.30280.0428pay 0.0054% / 1h51m 11s$409K$1.2M10x
ShortNado NEAR-PERP4.29890.0408get 0.0051% / 1h51m 11s$1.9M$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against RISEx. 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
−$4.28
Price spread: −0.090% → +0.007%
−$9.68
Slippage, 4 orders
−$14.82
Fee RISEx: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$41.78
Costs to cover
0.278%
Break-even
never at this rate
Slippage from RISEx: 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
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 3 min ago2.89 bp5.9 bp −$616.3 bp −$163doesn't fitdoesn't fit
Sell Nado live order book, 3 min ago1.62 bp7.4 bp −$717.2 bp −$172doesn'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
Phemex NEARUSDT−0.0665%8h4.3020−0.019%$3.9M$8.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.2997−0.072%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.3066+0.088%$7.6M$37.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2957−0.165%$2.3M$13.0M50xas long as short
Bybit NEARUSDT−0.0088%8h4.3031+0.007%$219.3M$418.9M75xas long as short
dYdX NEAR-USD0.0000%1h4.2978−0.117%$111K$64K10xas long as short
01 Exchange NEARUSD0.0000%1h4.3019−0.021%$13K$7K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3033+0.012%$377K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3004−0.056%$204K150xas long as short
Variational Omni NEAR+0.0014%8h4.2988−0.092%$7.9M$18.6Mas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.760%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3010−0.042%$111K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3006−0.051%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2991−0.085%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.3045+0.039%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2995−0.077%$403K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3055+0.063%$255.6M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3050+0.051%$61.1M$281.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3010−0.042%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2646−0.888%$243K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2996−0.074%$31.0M$58.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3070+0.098%$80.0M$138.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3070+0.098%$56.4M$43.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3052+0.056%$71.4M$125.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3060+0.074%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3062+0.078%$267K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3082+0.125%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3080+0.121%$180K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3015−0.030%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3080+0.121%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3020−0.019%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3070+0.098%$458K$3.6M75xas long as short
Extended NEAR-USD+0.0104%1h4.2971−0.133%$3.9M$16.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3023−0.012%$200K$28K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3040+0.028%$13.0M$29.2M75xas long as short
Hyperliquid NEAR+0.0321%1h4.3061+0.077%$367.3M$299.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0313%1h4.2997−0.072%$275K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0378%1h4.3033+0.012%$1.9M$2.9M25xas long as short
Nado NEAR-PERPshort+0.0408%1h4.2989−0.090%$1.9M$3.3M10x
Lighter RH NEAR+0.0424%1h4.3122+0.218%$1.6M$6.8M10xas long as short
RISEx NEAR/USDClong+0.0428%1h4.3028long leg$409K$1.2M10x
Backpack NEAR_USDC_PERP+0.0481%1h4.3107+0.184%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0499%1h4.3136+0.251%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1215%1h4.3001−0.063%$5K$12K10xas long as short
Lighter NEAR+0.2232%1h4.3182+0.357%$17.3M$23.8M15xas long as short