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

NEAR

all NEAR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0314%/8h= −34.4% APRpaid last 24h −0.090%
Price spread now: edgeX against Nado+0.613%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$27as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.113%−$11 on $10k
Price spread, last 7 days−0.635%−$64 · spread now +0.613%, 7d avg −0.042%
Together, before fees−0.749%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.655% dearer against Nado than usual: you sell high and buy low (spread +0.613% now, against its 7-day average of −0.042%): +$66 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 6.9 days. At the pace of the last 4 days (−0.113% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.113% in total (about -11.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NEAR-PERP4.48600.0414pay 0.0052% / 1h10m 52s$1.7M$3.1M10x
ShortedgeX NEARUSDC4.51350.0100get 0.0050% / 4h2h 10m$267K$871K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$66
Price spread: +0.613% → −0.042%
$65.5
Slippage, 4 orders
−$22.97
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$39.47
Costs to cover
0.390%
Break-even
from the start
Slippage from Nado: live order book, 1 min ago; edgeX: live order book, 41 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 ago0.56 bp6.8 bp −$716.7 bp −$167doesn't fitdoesn't fit
Sell edgeX live order book, 41 min ago7.87 bp12.7 bp −$1331.4 bp −$314doesn't fitdoesn't fit

NEAR on 45 exchanges

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%1h4.4825−0.078%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0141%1h4.4802−0.128%$7.4M$37.9M50xas long as short
dYdX NEAR-USD+0.0002%1h4.4848−0.026%$110K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4816−0.098%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.691%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4870+0.022%$123K$522K50xas long as short
Aster NEARUSDT+0.0100%8h4.4829−0.070%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4845−0.033%$272.8M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4838−0.049%$232.7M$433.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4820−0.089%$64.0M$308.6M50xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4890+0.067%$227K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5102+0.540%$269K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4813−0.105%$39.7M$63.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4830−0.067%$76.8M$172.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4820−0.089%$53.2M$45.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4816−0.098%$74.3M$130.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4830−0.067%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.5025+0.369%$9.0M$17.5Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.5135+0.613%$267K$871K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.4976+0.258%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4960+0.223%$167K$827K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4882+0.049%$281K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4840−0.045%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4910+0.111%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4845−0.033%$5K$40K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4910+0.111%$466K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4850−0.022%$3.4M$7.9M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.4851−0.020%$32K$5110xas long as short
Extended NEAR-USD+0.0104%1h4.4801−0.132%$3.7M$15.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4815−0.099%$208K$38K3xas long as short
Kalshi KXNEARPERP+0.0104%8h4.4855−0.011%$799K$26.3M2.2xas long as short
01 Exchange NEARUSD+0.0168%1h4.4870+0.022%$13K$5K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4870+0.022%$12.9M$32.8M75xas long as short
Hyperliquid NEAR+0.0274%1h4.4827−0.074%$361.7M$324.7M10xas long as short
Lighter NEAR+0.0296%1h4.4876+0.035%$17.5M$23.9M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0235%1h4.4810−0.112%$258K100xas long as short
Nado NEAR-PERPlong+0.0414%1h4.4860long leg$1.7M$3.1M10x
Coinbase International NEAR-PERP-INTX+0.0520%1h4.4856−0.009%$2.3M$17.7M50xas long as short
RISEx NEAR/USDC+0.0569%1h4.4873+0.028%$641K$1.6M10xas long as short
Lighter RH NEAR+0.0640%1h4.4885+0.056%$1.6M$6.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0642%1h4.4861+0.002%$1.9M$13.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0702%1h4.4829−0.069%$1.1M$7.0M20xas long as short
Phoenix NEAR+0.0851%1h4.5150+0.646%$1.7M$2.5M10xas long as short
Pacifica NEAR+0.0883%1h4.4882+0.048%$416K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1186%1h4.5034+0.388%$6K$7K10xas long as short