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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0375%/8h= +41.1% APRnext payment +$0.47 per $10,000 · paid last 24h +0.084%
Price spread now: Nado against SoDEX+0.062%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 airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Nado is 0.062% dearer against SoDEX 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
LongSoDEX NEAR-USD4.30600.0100pay 0.0013% / 1h36m 46s$5K$53K10x
ShortNado NEAR-PERP4.30870.0475get 0.0059% / 1h36m 46s$1.7M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against SoDEX. 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
$78.8
Price spread: +0.062% → 0.000%
$6.21
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$70.02
Costs to cover
0.150%
Break-even
0.8 days
Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 2 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 SoDEX no order-book sample
Sell Nado live order book, 2 min ago0.58 bp8.5 bp −$817.3 bp −$173doesn't fitdoesn't fit
SoDEX: 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%1h4.3038−0.052%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3057−0.007%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3049−0.026%$161K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3039−0.048%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.832%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3120+0.139%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3043−0.039%$217.3M$430.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3030−0.070%$60.5M$290.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160+0.232%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3057−0.007%$35.1M$62.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3090+0.070%$52.2M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3049−0.026%$71.3M$128.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3337+0.642%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3177+0.271%$250K$898K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3207+0.342%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.627%$165K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3080+0.046%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3072+0.028%$57K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3190+0.302%$1K$1.3M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.3060long leg$5K$53K10x
Phemex NEARUSDT+0.0100%8h4.3080+0.046%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3182+0.282%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3059−0.003%$3.6M$17.2M25xas long as short
HTX NEAR-USDT+0.0120%8h4.3200+0.325%$461K$3.8M75xas long as short
Aevo NEAR-PERP+0.0128%1h4.3072+0.027%$200K$38K3xas long as short
Kalshi KXNEARPERP+0.0188%8h4.3122+0.144%$935K$25.2M2.2xas long as short
Binance NEARUSDT+0.0193%8h4.30600.000%$261.4M$1.09B75xas long as short
Aster NEARUSDT+0.0198%8h4.3060−0.001%$2.7M$4.8M50xas long as short
MEXC NEAR_USDT+0.0199%8h4.30600.000%$82.8M$150.5M200xas long as short
BingX NEAR-USDC+0.0205%8h4.30600.000%$6.7Mas long as short
Hyperliquid NEAR+0.0226%1h4.3083+0.053%$347.7M$315.2M10xas long as short
01 Exchange NEARUSD+0.0272%1h4.3102+0.098%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0203%1h4.3059−0.003%$232K100xas long as short
BloFin NEAR-USDT+0.0316%8h4.3110+0.116%$13.2M$31.8M75xas long as short
Backpack NEAR_USDC_PERP+0.0390%1h4.3093+0.077%$1.2M$7.0M20xas long as short
Nado NEAR-PERPshort+0.0475%1h4.3087+0.062%$1.7M$3.2M10x
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3199+0.323%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0496%1h4.3109+0.114%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3140+0.186%$226K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0679%1h4.3092+0.074%$1.9M$13.2M25xas long as short
Lighter NEAR+0.0728%1h4.3109+0.113%$17.0M$25.1M15xas long as short
Pacifica NEAR+0.0949%1h4.3060+0.001%$406K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3384+0.752%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3133+0.169%$600K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1254%1h4.3239+0.415%$5K$7K10xas long as short