Funding you earn now, next payment 10:00 UTC+0.0322%/8h= +35.3% APRpaid last 24h +0.090%
Price spread now: Nado against Orderly+0.126%7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.719%−$72 · spread now +0.126%, 7d avg −0.019%
=Together, before fees−0.604%+ Points / potential airdropNado: Active · farm board−$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Nado is 0.146% dearer against Orderly than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.019%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.116% in total (about 11.7% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NEAR_USDC | 4.5063 | 0.0100 | pay 0.0100% / 8h | 6h 16m | $58K | $269K | 20x |
| Short | Nado NEAR-PERP | 4.5120 | 0.0422 | get 0.0053% / 1h | 16m 17s | $1.7M | $3.2M | 10x |
Orderly PERP_NEAR_USDC
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $67.71
- Price spread: +0.126% → −0.019%
- $14.59
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $69.3
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 1 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 1 min ago | 0.78 bp | 6.2 bp −$6 | 13.8 bp −$138 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NEAR on 45 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5101 | +0.083% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0141% | 1h | 4.4979 | −0.186% | $7.4M | $37.9M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5048 | −0.034% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5087 | +0.054% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.106% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5100 | +0.082% | $124K | $522K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5120 | +0.126% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5107 | +0.097% | $274.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5070 | +0.016% | $234.2M | $433.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5050 | −0.029% | $64.5M | $310.2M | 50x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5090 | +0.060% | $232K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5102 | +0.087% | $269K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5093 | +0.067% | $39.8M | $63.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5130 | +0.149% | $78.1M | $171.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5120 | +0.126% | $53.4M | $45.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4991 | −0.160% | $74.6M | $130.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5110 | +0.104% | — | $78.4M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5256 | +0.428% | $9.5M | $17.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5148 | +0.188% | $267K | $870K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5120 | +0.126% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5280 | +0.482% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5127 | +0.142% | $283K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDClong | +0.0100% | 8h | 4.5063 | long leg | $58K | $269K | 20x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5140 | +0.171% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5005 | −0.129% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5050 | −0.029% | $468K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5010 | −0.118% | $3.4M | $8.0M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.5055 | −0.018% | $33K | $51 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4996 | −0.148% | $3.8M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5016 | −0.105% | $209K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0108% | 8h | 4.5014 | −0.109% | $812K | $26.3M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0160% | 1h | 4.5082 | +0.042% | $13K | $5K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5150 | +0.193% | $13.0M | $33.0M | 75x | as long as short |
| Hyperliquid NEAR | +0.0289% | 1h | 4.5157 | +0.209% | $364.4M | $324.1M | 10x | as long as short |
| Lighter NEAR | +0.0304% | 1h | 4.5053 | −0.023% | $17.6M | $23.8M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0235% | 1h | 4.5136 | +0.161% | $260K | — | 100x | as long as short |
| Nado NEAR-PERPshort | +0.0422% | 1h | 4.5120 | +0.126% | $1.7M | $3.2M | 10x | |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5154 | +0.202% | $2.3M | $17.8M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5068 | +0.011% | $643K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0640% | 1h | 4.5075 | +0.027% | $1.6M | $6.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0661% | 1h | 4.5031 | −0.071% | $1.9M | $13.1M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0716% | 1h | 4.5078 | +0.033% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0851% | 1h | 4.5306 | +0.539% | $1.7M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5087 | +0.054% | $418K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1160% | 1h | 4.5185 | +0.271% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD