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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0374%/8h= −41.0% APRnext payment $0.47 per $10,000 · paid last 24h +0.040%
Price spread now: Nado against Lighter RH+0.069%48s7-day average −0.095% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.218%−$22 on $10k
Price spread, last 7 days−0.065%−$6 · spread now +0.069%, 7d avg −0.095%
Together, before fees−0.283%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.164% dearer against Lighter RH than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.095%): +$16 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 35 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NEAR4.37000.0752pay 0.0094% / 1h49m 34s$1.6M$6.9M10x
ShortNado NEAR-PERP4.37300.0378get 0.0047% / 1h49m 34s$1.9M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Lighter RH. 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
−$78.54
Price spread: +0.069% → −0.095%
$16.37
Slippage, 4 orders
−$17.86
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$87.02
Costs to cover
0.249%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 4 min ago1.82 bp4.7 bp −$512.0 bp −$120doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago1.71 bp6.7 bp −$714.4 bp −$144doesn't fitdoesn't fit

NEAR on 44 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%1h4.3678−0.051%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3651−0.112%$2.2M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3622−0.178%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3747+0.108%$545K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3659−0.095%$198K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.240%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3610−0.206%$114K$483K50xas long as short
Pacifica NEAR+0.0100%1h4.3683−0.038%$412K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3633−0.153%$264.9M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3648−0.119%$220.7M$416.4M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3630−0.160%$62.3M$288.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3657−0.098%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3647−0.121%$31.4M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3630−0.160%$75.2M$139.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3670−0.069%$54.5M$44.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3641−0.135%$71.7M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3670−0.069%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3926+0.518%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3800+0.230%$268K$994K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3910+0.481%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3790+0.206%$195K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3788+0.201%$205K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3685−0.034%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.37000.000%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3675−0.057%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3800+0.229%$458K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3690−0.023%$3.8M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3644−0.129%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3637−0.144%$3.8M$18.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3691−0.020%$203K$34K3xas long as short
Aster NEARUSDT+0.0198%8h4.3729+0.067%$3.0M$5.5M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0231%1h4.3689−0.025%$1.9M$4.3M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0349% / S −0.0244%1h4.3643−0.130%$257K100xas long as short
Nado NEAR-PERPshort+0.0378%1h4.3730+0.069%$1.9M$3.0M10x
01 Exchange NEARUSD+0.0400%1h4.3689−0.025%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.37000.000%$208K$1.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0670%1h4.3717+0.039%$1.4M$6.4M20xas long as short
Kraken Futures PF_NEARUSD+0.0705%1h4.3690−0.023%$8.1M$41.0M50xas long as short
Lighter RH NEARlong+0.0752%1h4.3700long leg$1.6M$6.9M10x
Hyperliquid NEAR+0.0786%1h4.3776+0.174%$368.8M$304.5M10xas long as short
Phoenix NEAR+0.0855%1h4.3944+0.558%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3677−0.052%$551K$1.3M10xas long as short
Lighter NEAR+0.1040%1h4.3733+0.075%$17.5M$25.6M15xas long as short
Aftermath Perps NEARUSD+0.1702%1h4.3779+0.181%$6K$12K10xas long as short