Funding you earn now, next payment 03:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.034%
Price spread now: Nado against Arcus+0.307%52s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.266% of the position
Funding, last 3 days (all we have)−0.237%−$24 on $10k
+Price spread, last 7 days−0.258%−$26 · spread now +0.307%, 7d avg +0.005%
=Together, before fees−0.495%+ Points / potential airdropNado: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.303% dearer against Arcus than usual: you sell high and buy low (spread +0.307% now, against its 7-day average of +0.005%): +$30 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 3 days (−0.237% in total) that is about 4.2 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NEAR-USD | 4.3920 | 0.0410 | pay 0.0051% / 1h | 51m 45s | $209K | $1.7M | 10x |
| Short | Nado NEAR-PERP | 4.4055 | 0.0325 | get 0.0041% / 1h | 51m 45s | $1.9M | $3.0M | 10x |
Arcus NEAR-USD
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Arcus. 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
- −$17.81
- Price spread: +0.307% → +0.005%
- $30.26
- Slippage, 4 orders
- −$15.06
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$14.11
- Costs to cover
- 0.266%
- Break-even
- from the start
Slippage from Arcus: live order book, 2 min ago; Nado: live order book, 2 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 Arcus live order book, 2 min ago | 2.28 bp | 4.5 bp −$5 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 1.71 bp | 6.7 bp −$7 | 14.4 bp −$144 | doesn't fit | doesn't fit |
NEAR on 44 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 | 4.4044 | +0.283% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.3764 | −0.355% | $2.2M | $14.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3879 | −0.093% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3858 | −0.141% | $550K | $19.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4046 | +0.288% | $199K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.715% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4060 | +0.319% | $116K | $488K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3954 | +0.077% | $415K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3912 | −0.019% | $266.6M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3889 | −0.071% | $221.8M | $416.7M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3900 | −0.046% | $62.7M | $289.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3657 | −0.599% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4043 | +0.280% | $31.7M | $61.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3910 | −0.023% | $75.9M | $139.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3910 | −0.023% | $54.8M | $43.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3935 | +0.034% | $72.1M | $126.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4050 | +0.296% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3808 | −0.256% | $8.4M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3659 | −0.595% | $267K | $994K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3657 | −0.599% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3610 | −0.706% | $194K | $777K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4090 | +0.387% | $207K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4058 | +0.314% | $61K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4080 | +0.364% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4065 | +0.330% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4160 | +0.546% | $462K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4060 | +0.319% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3977 | +0.129% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4029 | +0.249% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4079 | +0.362% | $205K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0202% | 8h | 4.4040 | +0.273% | $3.0M | $5.5M | 50x | as long as short |
| Nado NEAR-PERPshort | +0.0325% | 1h | 4.4055 | +0.307% | $1.9M | $3.0M | 10x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0349% / S −0.0243% | 1h | 4.4024 | +0.237% | $258K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.4104 | +0.419% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USDlong | +0.0410% | 1h | 4.3920 | long leg | $209K | $1.7M | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0522% | 1h | 4.4095 | +0.398% | $1.9M | $4.3M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0698% | 1h | 4.4129 | +0.476% | $1.4M | $6.4M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0699% | 1h | 4.4104 | +0.420% | $8.2M | $41.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0776% | 1h | 4.3952 | +0.073% | $1.6M | $6.9M | 10x | as long as short |
| Hyperliquid NEAR | +0.0845% | 1h | 4.4135 | +0.489% | $371.8M | $304.1M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.3900 | −0.046% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4073 | +0.349% | $556K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1056% | 1h | 4.3991 | +0.161% | $17.6M | $25.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1665% | 1h | 4.3755 | −0.376% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD