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+0.0462%/8h= +50.6% APRnext payment +$0.58 per $10,000 · paid last 24h +0.089%
Price spread now: Nado against Aevo−0.139%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$1991.994% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.092%+$9 on $10k
Price spread, last 4 days (all we have)−0.268%−$27 · spread now −0.139%, 7d avg −0.021%
Together, before fees−0.176%+ Points / potential airdropNado: Active · farm board−$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.117% cheaper against Aevo than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of −0.021%). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$14 a day). At the pace of the last 3 days (+0.092% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.092% in total (about 9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 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
LongAevo NEAR-PERP4.34830.0104pay 0.0013% / 1h17m 59s$202K$37K3x
ShortNado NEAR-PERP4.34230.0566get 0.0071% / 1h17m 59s$1.8M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aevo. 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
$97.04
Price spread: −0.139% → −0.021%
−$11.73
Slippage, 4 orders
−$176.42
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$114.11
Costs to cover
1.994%
Break-even
15.2 days
Slippage from Aevo: live order book, 36 min ago; Nado: live order book, 1 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 Aevo live order book, 36 min ago85.15 bp93.2 bp −$93doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 1 min ago0.81 bp5.8 bp −$615.1 bp −$151doesn'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%1h4.3399−0.194%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3381−0.235%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3429−0.125%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.768%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3516+0.075%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3400−0.192%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3510+0.061%$266.1M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3458−0.059%$214.9M$426.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3470−0.031%$61.5M$289.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.536%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3465−0.043%$32.1M$61.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3520+0.084%$74.1M$146.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3510+0.061%$53.9M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3471−0.029%$71.7M$127.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3480−0.008%$144.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3327−0.359%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3370−0.260%$253K$949K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3370−0.261%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3370−0.261%$167K$795K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3448−0.082%$275K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3484+0.001%$58K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3510+0.061%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3560+0.176%$472K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3510+0.061%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3405−0.181%$31K$60810xas long as short
Aevo NEAR-PERPlong+0.0104%1h4.3483long leg$202K$37K3x
BloFin NEAR-USDT+0.0220%8h4.3430−0.123%$13.5M$32.2M75xas long as short
Pacifica NEAR+0.0263%1h4.3424−0.136%$402K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0288%8h4.3412−0.164%$873K$23.4M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0324% / S −0.0198%1h4.3423−0.139%$234K100xas long as short
Aster NEARUSDT+0.0335%8h4.3504+0.048%$2.9M$5.5M50xas long as short
SoDEX NEAR-USD+0.0361%1h4.3455−0.066%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3460−0.054%$13K$7K10xas long as short
Nado NEAR-PERPshort+0.0566%1h4.3423−0.139%$1.8M$3.1M10x
Backpack NEAR_USDC_PERP+0.0586%1h4.3512+0.066%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0592%1h4.3520+0.084%$356.3M$314.3M10xas long as short
Extended NEAR-USD+0.0600%1h4.3453−0.070%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3470−0.031%$214K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0709%1h4.3472−0.026%$7.6M$39.0M50xas long as short
Lighter RH NEAR+0.0896%1h4.3539+0.128%$1.5M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0924%1h4.3484+0.001%$1.9M$9.5M25xas long as short
Phoenix NEAR+0.0941%1h4.3290−0.445%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1104%1h4.3524+0.092%$17.5M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3436−0.108%$686K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1559%1h4.3475−0.020%$5K$13K10xas long as short