NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0411%/8h= +45.0% APRnext payment +$0.51 per $10,000 · paid last 24h +0.110%

Price spread now: Nado against dYdX+0.122%7-day average +0.031% · 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−$103as in the Price arb table

costs, in and out, $10k−$1121.117% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.180%+$18 on $10k

Price spread, last 4 days (all we have)+2.464%+$246 · spread now +0.122%, 7d avg +0.031%

Together, before fees+2.644%+ Points / potential airdropNado: Active · farm board+$264 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Nado is 0.091% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.3472	0	get 0.0000% / 1h	46m 19s	$107K	$70K	10x
Short	Nado NEAR-PERP	4.3525	0.0411	get 0.0051% / 1h	46m 19s	$1.9M	$3.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now +0.122%Rate

Funding earned: $86.34
Price spread: +0.122% → +0.031%: $9.09
Slippage, 4 orders: −$94.72
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$16.29
Costs to cover: 1.117%
Break-even: 8.3 days

Slippage from dYdX: live order book, 18 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX live order book, 18 min ago	37.73 bp	42.7 bp −$43	42.7 bp −$427	70.7 bp −$7,066	125.5 bp −$62.8K
Sell Nado live order book, 3 min ago	3.77 bp	9.2 bp −$9	18.8 bp −$188	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	4.3545	+0.167%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.3661	+0.434%	$2.2M	$14.1M	50x	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.3472	long leg	$107K	$70K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.3642	+0.391%	$567K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3560	+0.203%	$197K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.744%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3540	+0.156%	$114K	$483K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3470	−0.005%	$410K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3595	+0.283%	$265.0M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3580	+0.248%	$219.8M	$416.8M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3570	+0.225%	$62.1M	$288.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3657	+0.425%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3571	+0.227%	$31.4M	$61.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3600	+0.294%	$75.2M	$140.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3580	+0.248%	$54.7M	$44.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3545	+0.168%	$71.5M	$126.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3580	+0.248%	—	$144.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3926	+1.045%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3629	+0.360%	$262K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3910	+1.007%	$1.5M	$1.4M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3590	+0.271%	$205K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3592	+0.276%	$60K	$191K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3690	+0.501%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3585	+0.260%	$5K	$50K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3690	+0.501%	$457K	$3.8M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3590	+0.271%	$3.8M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3468	−0.009%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3477	+0.011%	$3.8M	$18.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3585	+0.260%	$203K	$34K	3x	as long as short
Aster NEARUSDT	+0.0194%	8h	4.3509	+0.086%	$3.0M	$5.5M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3510	+0.087%	—	$30.3M	75x	as long as short
ApeX Omni NEARUSDT	+0.0231%	1h	4.3580	+0.248%	$194K	$778K	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0277%	1h	4.3632	+0.368%	$1.9M	$4.3M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0348% / S −0.0244%	1h	4.3562	+0.206%	$255K	—	100x	as long as short
01 Exchange NEARUSD	+0.0392%	1h	4.3525	+0.122%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.3530	+0.133%	$207K	$1.7M	10x	as long as short
Nado NEAR-PERPshort	+0.0411%	1h	4.3525	+0.122%	$1.9M	$3.0M	10x
Backpack NEAR_USDC_PERP	+0.0666%	1h	4.3649	+0.407%	$1.5M	$6.5M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0706%	1h	4.3611	+0.319%	$8.1M	$41.0M	50x	as long as short
Lighter RH NEAR	+0.0712%	1h	4.3564	+0.211%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0745%	1h	4.3609	+0.315%	$367.1M	$304.9M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.3669	+0.453%	$1.8M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.3530	+0.133%	$550K	$1.3M	10x	as long as short
Lighter NEAR	+0.1312%	1h	4.3566	+0.216%	$17.4M	$25.6M	15x	as long as short
Aftermath Perps NEARUSD	+0.1752%	1h	4.3691	+0.504%	$6K	$12K	10x	as long as short