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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0664%/8h= −72.7% APRnext payment $0.83 per $10,000 · paid last 24h −0.071%
Price spread now: Extended against Nado−0.051%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$220.224% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.072%−$7 on $10k
Price spread, last 7 days−0.052%−$5 · spread now −0.051%, 7d avg −0.096%
Together, before fees−0.124%+ Points / potential airdropNado: Active · Extended: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.045% dearer against Nado than usual: you sell high and buy low (spread −0.051% now, against its 7-day average of −0.096%): +$4 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 3 days (−0.072% in total) that is about 48 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.072% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NEAR-PERP4.26190.0768pay 0.0096% / 1h36m 21s$1.9M$3.4M10x
ShortExtended NEAR-USD4.25980.0104get 0.0013% / 1h36m 21s$4.0M$15.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$139.42
Price spread: −0.051% → −0.096%
$4.5
Slippage, 4 orders
−$10.38
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$157.3
Costs to cover
0.224%
Break-even
never at this rate
Slippage from Nado: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago0.70 bp6.9 bp −$717.4 bp −$174doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.12 bp3.9 bp −$410.6 bp −$1061246.4 bp −$124.6Kdoesn'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%1h4.2608−0.026%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2637+0.042%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2615−0.009%$110K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2690+0.166%$420K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2635+0.037%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.837%$578$302K12xas long as short
Variational Omni NEAR+0.0077%8h4.2580−0.092%$7.9M$18.3Mas long as short
Bybit NEARUSDT+0.0078%8h4.2604−0.036%$218.2M$422.0M75xas long as short
Popdex NEARUSDT+0.0096%1h4.2630+0.025%$109K$495K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2618−0.003%$31K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2662+0.099%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2656+0.086%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2630+0.025%$252.9M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2610−0.022%$60.7M$284.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2630+0.025%$201K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2674+0.129%$243K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2627+0.018%$30.0M$59.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2620+0.002%$78.0M$141.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2660+0.096%$55.8M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2608−0.026%$70.8M$126.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2620+0.002%$138.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.2730+0.259%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2670+0.119%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2750+0.307%$179K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2645+0.060%$198K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2632+0.030%$56K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2660+0.096%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2615−0.010%$13K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2690+0.166%$3.9M$8.4M50xas long as short
Extended NEAR-USDshort+0.0104%1h4.2598−0.051%$4.0M$15.9M25x
Aevo NEAR-PERP+0.0104%1h4.2615−0.009%$205K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2646+0.062%$7.6M$37.2M50xas long as short
01 Exchange NEARUSD+0.0128%1h4.2638+0.044%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2610−0.022%$12.9M$30.1M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0336%1h4.2659+0.093%$1.9M$2.3M25xas long as short
Lighter RH NEAR+0.0368%1h4.2723+0.243%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0374% / S −0.0314%1h4.2642+0.053%$273K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2658+0.090%$415K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0452%1h4.2724+0.246%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2717+0.229%$1.8M$2.7M10xas long as short
Nado NEAR-PERPlong+0.0768%1h4.2619long leg$1.9M$3.4M10x
HTX NEAR-USDT+0.0847%8h4.2780+0.377%$458K$3.7M75xas long as short
Hyperliquid NEAR+0.0916%1h4.2689+0.164%$366.6M$298.3M10xas long as short
Aftermath Perps NEARUSD+0.1187%1h4.2726+0.250%$5K$11K10xas long as short
Lighter NEAR+0.1720%1h4.2773+0.360%$16.4M$23.7M15xas long as short