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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0575%/8h= +63.0% APRnext payment +$0.72 per $10,000 · paid last 24h +0.092%
Price spread now: Nado against Popdex−0.008%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$560.560% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.100%+$10 on $10k
Price spread, last 4 days (all we have)+0.955%+$95 · spread now −0.008%, 7d avg 0.000%
Together, before fees+1.054%+ Points / potential airdropNado: Active · farm board+$105 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.100% in total (about 10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.72 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
LongPopdex NEARUSDT4.31500.0096pay 0.0012% / 1h40m 42s$107K$501K50x
ShortNado NEAR-PERP4.31470.0671get 0.0084% / 1h40m 42s$1.8M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Popdex. 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
$120.78
Price spread: −0.008% → 0.000%
−$0.78
Slippage, 4 orders
−$42.62
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$63.97
Costs to cover
0.560%
Break-even
3.3 days
Slippage from Popdex: live order book, 13 min ago; Nado: 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 Popdex live order book, 13 min ago14.94 bp21.1 bp −$2183.5 bp −$835doesn't fitdoesn't fit
Sell Nado live order book, 3 min ago0.23 bp5.6 bp −$618.2 bp −$182doesn'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%1h4.3170+0.047%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3248+0.228%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3166+0.038%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.032%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3316+0.385%$2.3M$15.9M50xas long as short
Popdex NEARUSDTlong+0.0096%1h4.3150long leg$107K$501K50x
Binance NEARUSDT+0.0100%8h4.3320+0.394%$265.7M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3260+0.255%$215.2M$428.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3240+0.209%$61.4M$291.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3400+0.579%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3262+0.260%$31.9M$61.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3300+0.348%$73.2M$144.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3320+0.394%$53.8M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3254+0.241%$71.2M$128.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3260+0.255%$146.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3167+0.040%$8.3M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3357+0.479%$254K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3214+0.149%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3400+0.579%$167K$799K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3154+0.009%$271K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3231+0.188%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3280+0.301%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3360+0.487%$470K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3300+0.348%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3239+0.206%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3244+0.217%$201K$37K3xas long as short
Kalshi KXNEARPERP+0.0145%8h4.3047−0.239%$724K$23.5M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3280+0.301%$13.7M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3304+0.356%$411K$1.2M10xas long as short
Aster NEARUSDT+0.0309%8h4.3290+0.324%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0194%1h4.3172+0.051%$231K100xas long as short
SoDEX NEAR-USD+0.0406%1h4.3272+0.283%$8K$49K10xas long as short
Backpack NEAR_USDC_PERP+0.0493%1h4.3315+0.382%$1.4M$6.6M20xas long as short
01 Exchange NEARUSD+0.0520%1h4.3174+0.056%$13K$7K10xas long as short
Hyperliquid NEAR+0.0618%1h4.3339+0.438%$355.6M$321.2M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3290+0.324%$212K$1.6M10xas long as short
Nado NEAR-PERPshort+0.0671%1h4.3147−0.008%$1.8M$3.1M10x
Extended NEAR-USD+0.0680%1h4.3234+0.195%$3.8M$19.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0712%1h4.3314+0.380%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0872%1h4.3356+0.477%$1.5M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0908%1h4.3235+0.197%$1.9M$8.9M25xas long as short
Phoenix NEAR+0.0941%1h4.3302+0.352%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1152%1h4.3348+0.458%$17.5M$24.9M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3260+0.254%$656K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1576%1h4.3318+0.389%$5K$12K10xas long as short