Funding you earn now, next payment 00:00 UTC+0.0290%/8h= +31.8% APRnext payment +$0.36 per $10,000 · paid last 24h −0.008%
Price spread now: Nado against GMX+0.081%52s7-day average −0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.137%−$14 on $10k
+Price spread, last 3 days (all we have)−0.340%−$34 · spread now +0.081%, 7d avg −0.004%
=Together, before fees−0.477%+ Points / potential airdropNado: Active · farm board−$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Nado is 0.085% dearer against GMX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 3 days funding on this pair cost −0.137%, so the current rate has only just turned in your favour. 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 | GMX NEAR/USD [ETH-USDC] | 4.2765 | L +0.0376% / S −0.0314% | pay 0.0047% / 1h | 12m 34s | $274K | — | 100x |
| Short | Nado NEAR-PERP | 4.2800 | 0.0666 | get 0.0083% / 1h | 12m 34s | $1.9M | $3.4M | 10x |
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against GMX. 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
- $60.95
- Price spread: +0.081% → −0.004%
- $8.48
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $50.43
- Costs to cover
- 0.190%
- Break-even
- 1.2 days
Slippage unknown: GMX: no order-book sample; Nado: live order book, 6 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 6 min ago | 1.75 bp | 7.3 bp −$7 | 19.6 bp −$196 | doesn't fit | doesn't fit |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.2711 | −0.128% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2745 | −0.047% | $2.2M | $13.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2768 | +0.006% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2667 | −0.230% | $366K | $18.7M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2778 | +0.029% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.169% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0047% | 8h | 4.2759 | −0.015% | $7.9M | $18.5M | — | as long as short |
| Bybit NEARUSDT | +0.0053% | 8h | 4.2830 | +0.151% | $218.2M | $422.9M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0072% | 1h | 4.2843 | +0.182% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2840 | +0.175% | $110K | $497K | 50x | 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
Variational Omni NEAR
Bybit NEARUSDT
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2803 | +0.089% | $31K | $647 | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2788 | +0.053% | $57K | $194K | 20x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2781 | +0.038% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2763 | −0.006% | $400K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2839 | +0.173% | $253.6M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2830 | +0.151% | $60.8M | $287.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2830 | +0.151% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2950 | +0.432% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2822 | +0.133% | $31.0M | $60.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2800 | +0.081% | $78.6M | $142.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2750 | −0.036% | $55.8M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2824 | +0.137% | $71.1M | $126.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2810 | +0.105% | — | $140.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2693 | −0.169% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2783 | +0.041% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2690 | −0.176% | $178K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2731 | −0.080% | $196K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2780 | +0.034% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2755 | −0.024% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2710 | −0.129% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2813 | +0.112% | $3.9M | $16.2M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2770 | +0.011% | $202K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0118% | 1h | 4.2790 | +0.058% | $7.6M | $37.6M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2710 | −0.129% | $13.1M | $29.3M | 75x | as long as short |
| Lighter RH NEAR | +0.0320% | 1h | 4.2822 | +0.133% | $1.6M | $7.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC]long | L +0.0376% / S −0.0314% | 1h | 4.2765 | long leg | $274K | — | 100x | |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2861 | +0.224% | $421K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0446% | 1h | 4.2770 | +0.011% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2892 | +0.296% | $1.8M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0475% | 1h | 4.2815 | +0.116% | $1.9M | $2.5M | 25x | as long as short |
| Nado NEAR-PERPshort | +0.0666% | 1h | 4.2800 | +0.081% | $1.9M | $3.4M | 10x | |
| Hyperliquid NEAR | +0.0669% | 1h | 4.2779 | +0.032% | $365.0M | $301.3M | 10x | as long as short |
| HTX NEAR-USDT | +0.0774% | 8h | 4.2790 | +0.058% | $457K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1115% | 1h | 4.2758 | −0.016% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1696% | 1h | 4.2868 | +0.241% | $16.9M | $24.2M | 15x | as long as short |
Paradex NEAR-USD-PERP
Orderly PERP_NEAR_USDC
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR