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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0347%/8h= +38.0% APRpaid last 24h +0.093%
Price spread now: Nado against BingX+0.102%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.382% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.112%+$11 on $10k
Price spread, last 7 days+0.039%+$4 · spread now +0.102%, 7d avg +0.046%
Together, before fees+0.151%+ Points / potential airdropNado: Active · farm board+$15 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 0.056% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.046%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.112% 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 is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEAR-USDC4.39500.0200pay 0.0200% / 8h1h 16m$6.7M
ShortNado NEAR-PERP4.39950.0547get 0.0068% / 1h16m 54s$1.7M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against BingX. 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
$72.83
Price spread: +0.102% → +0.046%
$5.64
Slippage, 4 orders
−$21.2
Fee BingX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$40.28
Costs to cover
0.382%
Break-even
3.1 days
Slippage from BingX: live order book, 5 min ago; Nado: live order book, 2 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 BingX live order book, 5 min ago1.13 bp10.7 bp −$1123.7 bp −$23766.8 bp −$6,683412.0 bp −$206.0K
Sell Nado live order book, 2 min ago0.56 bp6.3 bp −$614.3 bp −$143doesn'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%1h4.3984+0.078%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3968+0.040%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3949−0.002%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.779%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4000+0.114%$111K$485K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3953+0.007%$222.9M$430.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3930−0.046%$61.9M$294.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4150+0.455%$252K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3934−0.036%$35.6M$62.1M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3970+0.046%$53.2M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3947−0.007%$72.7M$127.3M75xas long as short
Variational Omni NEAR+0.0100%8h4.4097+0.335%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4272+0.733%$259K$917K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4140+0.432%$166K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4013+0.143%$293K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3960+0.023%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4010+0.137%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4060+0.250%$461K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3970+0.046%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0104%8h4.3984+0.077%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0109%8h4.4271+0.731%$1.5M$1.5M10xas long as short
Extended NEAR-USD+0.0120%1h4.3938−0.026%$3.7M$18.2M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3970+0.046%$204K$38K3xas long as short
SoDEX NEAR-USD+0.0152%1h4.3937−0.030%$5K$53K10xas long as short
BingX NEAR-USDClong+0.0200%8h4.3950long leg$6.7M
Binance NEARUSDT+0.0213%8h4.3968+0.042%$268.1M$1.08B75xas long as short
MEXC NEAR_USDT+0.0213%8h4.4000+0.114%$79.5M$149.5M200xas long as short
Kalshi KXNEARPERP+0.0242%8h4.4068+0.268%$1.0M$24.9M2.2xas long as short
Aster NEARUSDT+0.0295%8h4.3960+0.023%$2.8M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0199%1h4.3953+0.006%$234K100xas long as short
BloFin NEAR-USDT+0.0333%8h4.3940−0.023%$13.5M$32.5M75xas long as short
Backpack NEAR_USDC_PERP+0.0420%1h4.3959+0.020%$1.3M$6.9M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.3986+0.082%$2.3M$16.6M50xas long as short
01 Exchange NEARUSD+0.0448%1h4.4034+0.191%$13K$7K10xas long as short
Hyperliquid NEAR+0.0510%1h4.3992+0.096%$359.0M$313.3M10xas long as short
Nado NEAR-PERPshort+0.0547%1h4.3995+0.102%$1.7M$3.2M10x
Kraken Futures PF_NEARUSD+0.0664%1h4.3923−0.060%$7.2M$38.2M50xas long as short
Lighter NEAR+0.0800%1h4.3985+0.080%$17.3M$25.3M15xas long as short
Arcus NEAR-USD+0.0880%1h4.4040+0.205%$227K$1.6M10xas long as short
Lighter RH NEAR+0.0888%1h4.3987+0.084%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4318+0.837%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1162%1h4.3985+0.080%$1.9M$13.0M25xas long as short
Pacifica NEAR+0.1187%1h4.4038+0.200%$420K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4028+0.178%$665K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1302%1h4.4165+0.490%$5K$12K10xas long as short