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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0559%/8h= −61.2% APRnext payment $0.70 per $10,000 · paid last 24h −0.117%
Price spread now: gTrade (Gains Network) against Nado+0.554%54s7-day average +0.010% · 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−$2832.833% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.185%−$19 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.554%, 7d avg +0.010%
Together, before fees−0.175%+ Points / potential airdropNado: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.545% dearer against Nado than usual: you sell high and buy low (spread +0.554% now, against its 7-day average of +0.010%): +$54 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 3 days (−0.185% in total) that is about 9.8 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.185% in total (about -20.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.70 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-PERP4.38080.0565pay 0.0071% / 1h10m 38s$1.9M$3.1M10x
ShortgTrade (Gains Network) NEAR/USD4.4051L +0.0004% / S −0.0006%get 0.0001% / 1h10m 38s$165K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$117.4
Price spread: +0.554% → +0.010%
$54.46
Slippage, 4 orders
−$266.33
Fee Nado: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$346.28
Costs to cover
2.833%
Break-even
never at this rate
Slippage from Nado: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 48 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 ago1.24 bp4.7 bp −$515.0 bp −$150doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 48 min ago130.01 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn'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%1h4.4040+0.529%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.3987+0.408%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.3833+0.055%$108K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4028+0.502%$618K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0006%1h4.4051+0.554%$165K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.474%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3820+0.027%$112K$517K50xas long as short
Pacifica NEAR+0.0100%1h4.3872+0.146%$417K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3850+0.094%$270.2M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3800−0.019%$220.6M$424.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3800−0.019%$62.6M$296.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4054+0.562%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3827+0.043%$31.9M$64.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3890+0.187%$74.6M$150.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3870+0.141%$54.6M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3830+0.050%$72.0M$130.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3840+0.072%$147.3Mas long as short
Variational Omni NEAR+0.0100%8h4.4067+0.590%$8.5M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4159+0.801%$265K$980K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4070+0.597%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4090+0.643%$170K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4109+0.687%$244K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4006+0.451%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4050+0.552%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4110+0.689%$457K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4000+0.438%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3826+0.041%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4020+0.483%$205K$40K3xas long as short
SoDEX NEAR-USD+0.0180%1h4.3945+0.312%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.3970+0.369%$13.8M$32.6M75xas long as short
Aster NEARUSDT+0.0309%8h4.3888+0.183%$2.9M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4057+0.568%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0337%1h4.4001+0.440%$1.3M$6.4M20xas long as short
01 Exchange NEARUSD+0.0352%1h4.3874+0.150%$13K$7K10xas long as short
Hyperliquid NEAR+0.0386%1h4.3923+0.263%$362.3M$325.0M10xas long as short
Extended NEAR-USD+0.0448%1h4.3823+0.034%$3.9M$19.7M25xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0501%1h4.3997+0.431%$2.0M$7.3M25xas long as short
Nado NEAR-PERPlong+0.0565%1h4.3808long leg$1.9M$3.1M10x
Arcus NEAR-USD+0.0581%1h4.3880+0.164%$217K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0591%1h4.3954+0.332%$8.0M$39.6M50xas long as short
Lighter RH NEAR+0.0696%1h4.3912+0.237%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4173+0.833%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.3869+0.140%$589K$1.4M10xas long as short
Lighter NEAR+0.0976%1h4.3943+0.307%$17.7M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1585%1h4.4135+0.745%$5K$12K10xas long as short