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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0286%/8hnext payment $0.36 per $10,000 · paid last 24h −0.017%
Price spread now: Deribit against Nado+0.118%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$340.344% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.129%+$13 on $10k
Price spread, last 3 days (all we have)+0.106%+$11 · spread now +0.118%, 7d avg +0.074%
Together, before fees+0.235%+ Points / potential airdropNado: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.044% dearer against Nado than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of +0.074%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 3 days funding on this pair paid +0.129%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NEAR-PERP4.14400.0286pay 0.0036% / 1h21m 57s$1.8M$3.9M10x
ShortDeribit NEAR_USDC-PERPETUAL4.14890get 0.0000% / 1h21m 57s$1.8M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Nado. 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
−$60
Price spread: +0.118% → +0.074%
$4.44
Slippage, 4 orders
−$20.4
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$89.96
Costs to cover
0.344%
Break-even
never at this rate
Slippage from Nado: live order book, 1 min ago; Deribit: live order book, 1 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 Nado live order book, 1 min ago0.84 bp9.6 bp −$1019.2 bp −$192doesn't fitdoesn't fit
Sell Deribit live order book, 1 min ago3.13 bp6.6 bp −$7132.2 bp −$1,322doesn't fitdoesn't fit

NEAR on 45 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%1h4.1436−0.010%$2K20xas long as short
Extended NEAR-USD−0.0032%1h4.1364−0.184%$3.5M$14.1M25xas long as short
dYdX NEAR-USD0.0000%1h4.1595+0.374%$105K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1514+0.179%$421K$20.1M2.2xas long as short
Deribit NEAR_USDC-PERPETUALshort0.0000%1h4.1489+0.118%$1.8M$2.0M25x
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1510+0.169%$202K150xas long as short
Coinbase International NEAR-PERP-INTX+0.0032%1h4.1481+0.099%$2.1M$12.7M50xas long as short
Popdex NEARUSDT+0.0096%1h4.1520+0.193%$105K$499K50xas long as short
Aster NEARUSDT+0.0100%8h4.1471+0.074%$2.8M$5.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.1381−0.142%$236.7M$1.11B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.1357−0.200%$207.5M$429.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1370−0.169%$57.2M$286.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1540+0.241%$245K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1537+0.233%$238K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1416−0.058%$29.2M$56.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1370−0.169%$81.3M$145.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1390−0.121%$57.5M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1392−0.116%$69.6M$127.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1380−0.145%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1325−0.278%$7.6M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1249−0.462%$262K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1280−0.386%$1.4M$1.1M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1250−0.458%$112K$754K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1551+0.268%$221K$3.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1472+0.077%$52K$163K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1500+0.145%$2K$1.5M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1435−0.012%$5K$45K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1430−0.024%$3.8M$8.5M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1590+0.362%$30K$2K10xas long as short
Aevo NEAR-PERP+0.0104%1h4.1446+0.014%$200K$66K3xas long as short
Injective NEAR/USDC PERP+0.0120%1h4.1000−1.062%$572$150K12xas long as short
01 Exchange NEARUSD+0.0200%1h4.1560+0.290%$12K$8K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1420−0.048%$12.6M$33.2M75xas long as short
Lighter RH NEAR+0.0232%1h4.1476+0.087%$1.4M$7.3M10xas long as short
Kraken Futures PF_NEARUSD+0.0241%1h4.1463+0.057%$7.4M$34.5M50xas long as short
Nado NEAR-PERPlong+0.0286%1h4.1440long leg$1.8M$3.9M10x
Pacifica NEAR+0.0319%1h4.1578+0.332%$440K$1.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0314%1h4.1505+0.157%$273K100xas long as short
RISEx NEAR/USDC+0.0378%1h4.1559+0.286%$397K$1.3M10xas long as short
Phoenix NEAR+0.0618%1h4.1391−0.118%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0648%1h4.1475+0.085%$15.4M$22.5M15xas long as short
Hyperliquid NEAR+0.0835%1h4.1476+0.087%$350.2M$305.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0955%1h4.1459+0.046%$1.4M$4.7M20xas long as short
Aftermath Perps NEARUSD+0.1095%1h4.1364−0.184%$5K$11K10xas long as short
HTX NEAR-USDT+0.1245%8h4.1690+0.603%$454K$4.1M75xas long as short