NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0359%/8h= +39.3% APRnext payment +$0.45 per $10,000 · paid last 24h +0.077%

Price spread now: Nado against Bulk+0.586%7-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+$12as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on Bulk Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.077%+$8 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.586%, 7d avg +0.005%

Together, before fees−0.054%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Nado is 0.581% dearer against Bulk than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of +0.005%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.077% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.2789	0.0100	pay 0.0013% / 1h	24m 53s	$244K	−$0	10x
Short	Nado NEAR-PERP	4.3040	0.0459	get 0.0057% / 1h	24m 53s	$1.9M	$3.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bulk. 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

Position, each leg$Hold fordaysFee BulkbpFee NadobpOrdersPrice spread, now +0.586%Rate

Funding earned: $75.45
Price spread: +0.586% → +0.005%: $58.11
Slippage, 4 orders: −$31.85
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $87.71
Costs to cover: 0.459%
Break-even: from the start

Slippage from Bulk: live order book, 49 min ago; Nado: live order book, 4 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 Bulk live order book, 49 min ago	11.72 bp	15.2 bp −$15	15.2 bp −$152	34.3 bp −$3,434	65.7 bp −$32.9K
Sell Nado live order book, 4 min ago	0.70 bp	8.4 bp −$8	18.9 bp −$189	doesn't fit	doesn't fit

NEAR on 45 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	4.3041	+0.588%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.3035	+0.575%	$7.3M	$37.3M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3055	+0.621%	$2.3M	$13.0M	50x	as long as short
Phemex NEARUSDT	−0.0088%	8h	4.3040	+0.586%	$3.8M	$8.5M	50x	as long as short
01 Exchange NEARUSD	−0.0016%	1h	4.3053	+0.616%	$13K	$7K	10x	as long as short
Variational Omni NEAR	−0.0004%	8h	4.2668	−0.284%	$7.9M	$18.8M	—	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3014	+0.526%	$111K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2906	+0.273%	$421K	$18.8M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3074	+0.665%	$205K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.223%	$578	$302K	12x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NEARUSDT	+0.0038%	8h	4.3050	+0.609%	$218.0M	$416.2M	75x	as long as short
Gate NEAR_USDT	+0.0092%	8h	4.3030	+0.562%	$31.0M	$59.7M	75x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3040	+0.586%	$114K	$480K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3034	+0.572%	$57K	$191K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0099%	8h	4.2960	+0.400%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3060	+0.633%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3029	+0.560%	$398K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3068	+0.652%	$255.0M	$1.06B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3050	+0.609%	$60.6M	$279.9M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3030	+0.562%	$197K	$1.7M	10x	as long as short
Bulk NEAR-USDlong	+0.0100%	1h	4.2789	long leg	$244K	−$0	10x
MEXC NEAR_USDT	+0.0100%	8h	4.3030	+0.562%	$76.9M	$140.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3060	+0.633%	$56.3M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3042	+0.591%	$71.4M	$124.3M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3050	+0.609%	—	$141.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2780	−0.023%	$255K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2745	−0.103%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2800	+0.025%	$179K	$782K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3068	+0.651%	$203K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3090	+0.703%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3020	+0.539%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3130	+0.796%	$456K	$3.7M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3023	+0.545%	$3.9M	$17.0M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3023	+0.547%	$200K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0149%	1h	4.3076	+0.670%	$361.5M	$305.5M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3080	+0.679%	$12.9M	$28.3M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0373% / S −0.0306%	1h	4.3075	+0.668%	$274K	—	100x	as long as short
Lighter RH NEAR	+0.0392%	1h	4.3096	+0.717%	$1.6M	$6.9M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3040	+0.585%	$408K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0435%	1h	4.3093	+0.710%	$1.3M	$5.9M	20x	as long as short
Nado NEAR-PERPshort	+0.0459%	1h	4.3040	+0.586%	$1.9M	$3.2M	10x
Deribit NEAR_USDC-PERPETUAL	+0.0494%	1h	4.3071	+0.658%	$1.9M	$3.5M	25x	as long as short
Phoenix NEAR	+0.0499%	1h	4.2669	−0.281%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1318%	1h	4.2795	+0.014%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1872%	1h	4.3144	+0.828%	$17.3M	$24.4M	15x	as long as short