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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0128%/8h= −14.0% APRnext payment $0.16 per $10,000 · paid last 24h +0.090%
Price spread now: Nado against SoDEX+0.378%47s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. Nado is 0.378% dearer against SoDEX than usual: you sell high and buy low (spread +0.378% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 9.8 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.36850.0528pay 0.0066% / 1h10m 24s$5K$52K10x
ShortNado NEAR-PERP4.38500.0401get 0.0050% / 1h10m 24s$1.7M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against SoDEX. 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
−$26.85
Price spread: +0.378% → 0.000%
$37.77
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$4.08
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 3 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 SoDEX no order-book sample
Sell Nado live order book, 3 min ago0.46 bp7.1 bp −$717.8 bp −$178doesn't fitdoesn't fit
SoDEX: 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 NEARRUSDPERP−0.0171%1h4.3818+0.304%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3672−0.031%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0010%1h4.3789+0.238%$156K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.208%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3850+0.378%$116K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3801+0.266%$219.5M$421.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3820+0.309%$61.7M$291.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3500−0.423%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3804+0.272%$33.1M$60.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3850+0.378%$52.9M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3813+0.293%$72.3M$126.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3607−0.178%$8.8M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.3575−0.253%$255K$962K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3591−0.214%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3844+0.364%$282K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3839+0.353%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3720+0.080%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3760+0.172%$472K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3640−0.103%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3670−0.035%$32K$60810xas long as short
Aevo NEAR-PERP+0.0112%1h4.3697+0.028%$203K$37K3xas long as short
BingX NEAR-USDT+0.0118%8h4.3820+0.309%$143.5Mas long as short
MEXC NEAR_USDT+0.0125%8h4.3840+0.355%$83.2M$146.0M200xas long as short
Binance NEARUSDT+0.0125%8h4.3840+0.355%$266.8M$1.09B75xas long as short
BloFin NEAR-USDT+0.0245%8h4.3630−0.126%$13.3M$32.1M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3701+0.037%$2.3M$16.2M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0201%1h4.3790+0.240%$235K100xas long as short
Kalshi KXNEARPERP+0.0313%8h4.3600−0.195%$994K$24.7M2.2xas long as short
Aster NEARUSDT+0.0336%8h4.3830+0.332%$2.8M$5.2M50xas long as short
Nado NEAR-PERPshort+0.0401%1h4.3850+0.378%$1.7M$3.2M10x
ApeX Omni NEARUSDT+0.0418%1h4.3580−0.240%$167K$796K50xas long as short
Extended NEAR-USD+0.0488%1h4.3679−0.013%$3.7M$19.4M25xas long as short
SoDEX NEAR-USDlong+0.0528%1h4.3685long leg$5K$52K10x
Hyperliquid NEAR+0.0663%1h4.3860+0.401%$360.3M$311.4M10xas long as short
Backpack NEAR_USDC_PERP+0.0683%1h4.3696+0.025%$1.3M$6.6M20xas long as short
01 Exchange NEARUSD+0.0720%1h4.3737+0.119%$13K$7K10xas long as short
Kraken Futures PF_NEARUSD+0.0725%1h4.3648−0.084%$7.3M$39.1M50xas long as short
Arcus NEAR-USD+0.0814%1h4.3720+0.080%$226K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3702+0.038%$400K$1.3M10xas long as short
Lighter NEAR+0.0912%1h4.3758+0.166%$17.2M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3660−0.057%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1104%1h4.3757+0.165%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3724+0.089%$685K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1297%1h4.3516−0.386%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1423%1h4.3709+0.055%$1.9M$11.8M25xas long as short