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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0608%/8h= +66.6% APRnext payment +$0.76 per $10,000 · paid last 24h +0.174%
Price spread now: Nado against Reya−0.067%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.067% cheaper against Reya than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$18 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.3224−0.0171get 0.0021% / 1h32m 49s$2K20x
ShortNado NEAR-PERP4.31950.0437get 0.0055% / 1h32m 49s$1.7M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Reya. 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
$127.69
Price spread: −0.067% → 0.000%
−$6.72
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$107.98
Costs to cover
0.130%
Break-even
1.1 days
Slippage unknown: Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Nado live order book, 1 min ago0.58 bp6.2 bp −$615.1 bp −$151doesn't fitdoesn't fit
Reya: 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 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 NEARRUSDPERPlong−0.0171%1h4.3224long leg$2K20x
dYdX NEAR-USD0.0000%1h4.3168−0.129%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3198−0.060%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3166−0.134%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.197%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3220−0.010%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3151−0.170%$217.9M$430.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3140−0.195%$60.7M$291.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160−0.149%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3135−0.207%$35.2M$62.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3150−0.172%$52.3M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3139−0.197%$71.4M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.3217−0.018%$8.7M$18.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.3097−0.294%$250K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3190−0.079%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3170−0.126%$165K$813K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3246+0.050%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3227+0.006%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3290+0.152%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3195−0.068%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3220−0.010%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3178−0.106%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3124−0.233%$3.6M$17.2M25xas long as short
HTX NEAR-USDT+0.0120%8h4.3340+0.268%$462K$3.8M75xas long as short
Aevo NEAR-PERP+0.0128%1h4.3221−0.007%$201K$38K3xas long as short
Kalshi KXNEARPERP+0.0183%8h4.3203−0.049%$938K$25.2M2.2xas long as short
Aster NEARUSDT+0.0189%8h4.3162−0.144%$2.7M$4.8M50xas long as short
Binance NEARUSDT+0.0189%8h4.3160−0.149%$262.0M$1.09B75xas long as short
MEXC NEAR_USDT+0.0191%8h4.3150−0.172%$83.0M$150.8M200xas long as short
BingX NEAR-USDT+0.0199%8h4.3140−0.195%$145.1Mas long as short
Hyperliquid NEAR+0.0210%1h4.3174−0.116%$348.3M$315.5M10xas long as short
01 Exchange NEARUSD+0.0248%1h4.3212−0.028%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0309%8h4.3250+0.059%$13.3M$31.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0204%1h4.3206−0.042%$233K100xas long as short
Backpack NEAR_USDC_PERP+0.0406%1h4.3217−0.017%$1.1M$7.0M20xas long as short
Nado NEAR-PERPshort+0.0437%1h4.3195−0.067%$1.7M$3.2M10x
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3210−0.033%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0536%1h4.3246+0.050%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3210−0.033%$226K$1.6M10xas long as short
Lighter NEAR+0.0648%1h4.3197−0.064%$17.0M$25.1M15xas long as short
Pacifica NEAR+0.0949%1h4.3208−0.037%$407K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3233+0.020%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0954%1h4.3250+0.059%$1.9M$13.2M25xas long as short
RISEx NEAR/USDC+0.0965%1h4.3217−0.018%$599K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1237%1h4.3238+0.031%$5K$7K10xas long as short